Two token unlocks dropping this week — here’s what you need to know before they hit. 🔓
📅 April 23 —
$DOLO Unlock (02:00 UTC)
Dolomite is a DeFi lending + DEX protocol on Arbitrum and Berachain. The unlock releases 14.25M DOLO tokens (~$475K) — about 1.4% of total supply. Relatively small.
Dolomite has shown low sell pressure on past unlocks, so this one likely won’t move the needle much. Current price sitting at $0.033 — down 90%+ from its ATH of $0.367. 📉
📅 April 24 —
$INIT Unlock (02:00 UTC)
This one is bigger and worth watching. Initia is a Layer 1 + Layer 2 blockchain backed by Binance Labs and Delphi Digital. The unlock releases 82.94M INIT tokens (~$6.65M) — that’s 8.3% of total supply hitting the market in one shot. Released to Echo Sale investors — early backers who are likely sitting on losses given INIT is down -94% from its ATH of $1.42 and currently trading at just $0.080. 👀
My take:
DOLO — low impact, probably no major move. Watch for a small dip and quick recovery.
$INIT — 8.3% supply unlock to early investors who are deep underwater = real sell pressure risk at 02:00 UTC Friday. If you’re holding
$INIT , be careful around that window. 📉
Both unlocks happen at the same time Friday. That’s a double supply hit in one morning.
— PulZ | Quick market takes
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