Crypto token unlocks: $77M in BEAT, EIGEN, ZETA hitting markets Aug. 1

BEAT has gained 32.1% in seven days before an Aug. 1 release that will place the token at the center of $77.07 million in scheduled BEAT, EIGEN and ZETA unlocks. Summary $67.78 million in BEAT will unlock on Aug. 1, equal to 6.87% of circulation. EIGEN has fallen 12.6% before a $7.87 million release for investors and contributors. ZETA has lost 9% as 44.43 million tokens prepare to enter circulation. All three unlocks land Aug. 1, with recipient transfers set to determine immediate selling pressure. RootData reported that Audiera will release 21.25 million BEAT at 9 a.m. Beijing time, valuing the allocation at approximately $67.78 million. The data platform calculates that the release equals 6.87% of BEAT’s circulating supply. EigenCloud will unlock 38.35 million EIGEN worth about $7.87 million at 5 a.m. Beijing time, according to RootData. ZetaChain will add 44.43 million ZETA worth $1.42 million at midnight, with RootData placing the releases at 5.18% and 2.94% of circulation, respectively. BEAT carries Aug. 1’s largest supply shock BEAT traded near $3.16 after moving between $2.19 and $3.69 during the past week, according to CoinGecko. Although the token remained up 32.1% over s...