Ronin surges by 30% in a day amid upcoming token unlock
Token unlocks
A bullish sentiment has dominated the start of the new year, with Bitcoin up 39% since January 1. With token unlock events going live, some prominent altcoins are also gaining ground, with BTC prices rising.
Axie Infinity (AXS), based on Ronin, surged by 40% before releasing $64 million worth of AXS-locked tokens. The decentralized derivatives exchange dYdX‘s cryptocurrency gained more than 60% this month before its token unlocking event on Feb. 2.
By gaining more than $250 billion since Jan. 1, cryptocurrency market capitalization has crossed the $1 trillion mark, with speculative altcoins playing a part.
From 0.19$ last November 2022, RONIN token is now at 1.050$ ++ and filling up the imbalances from the last year downtrend
A bullish sentiment has dominated the start of the new year, with Bitcoin up 39% since January 1. With token unlock events going live, some prominent altcoins are also gaining ground, with BTC prices rising.
Axie Infinity (AXS), based on Ronin, surged by 40% before releasing $64 million worth of AXS-locked tokens. The decentralized derivatives exchange dYdX‘s cryptocurrency gained more than 60% this month before its token unlocking event on Feb. 2.
By gaining more than $250 billion since Jan. 1, cryptocurrency market capitalization has crossed the $1 trillion mark, with speculative altcoins playing a part.
From 0.19$ last November 2022, RONIN token is now at 1.050$ ++ and filling up the imbalances from the last year downtrend