EIGEN Unlock Tops Weekly Value as GPS Dilution Rises

ENA Shows Lowest Dilution Risk This Week

This week’s token unlock schedule points to several altcoin supply events between June 29 and July 2, with unlock values ranging from $1.24 million to $8.67 million. The largest nominal unlock is EIGEN, which releases $8.67 million on July 1 at a token price of $0.236. FF and CARDS open the schedule on June 29 with unlocks of $6.85 million and $6.71 million, respectively. KMNO and ZORA follow on June 30, while GPS and ENA complete the list on July 1 and July 2. Although the dollar amounts are moderate, the circulating supply ratios vary meaningfully across the group.

GPS stands out as the clearest dilution-risk event, unlocking 15.90% of circulating supply on July 1 despite a nominal value of only $6.25 million. This percentage is significantly higher than other listed tokens and may create stronger price sensitivity if newly released tokens enter the market quickly. EIGEN also deserves attention, with an $8.67 million unlock equal to 6.15% of circulating supply. CARDS follows closely at 6.11%, while FF unlocks 3.66%. For traders, these ratios matter because a smaller dollar unlock can still have outsized impact when it represents a large share of tradable supply.

EIGEN/USDT Futures Trading Pair: https://bitkan.com/futures/EIGEN-USDT

The June 30 unlocks appear more moderate in supply impact. KMNO unlocks $4.46 million at a token price of $0.019, equal to 3.06% of circulating supply. ZORA releases $1.24 million at $0.008, representing 3.33% of circulating supply. These events may still create localized volatility, particularly if order books are thin, but their dilution risk is lower than GPS, EIGEN, or CARDS. ENA has the lowest listed supply impact, unlocking $3.10 million on July 2 at $0.076, equal to just 0.48% of circulating supply, making it comparatively easier for the market to absorb.

The key market issue across this schedule is whether traders focus on headline unlock value or actual circulating supply expansion. EIGEN has the largest dollar unlock, but GPS has the highest dilution pressure. CARDS and EIGEN sit in a middle zone where both value and percentage are meaningful enough to watch closely. Lower-ratio events such as ENA, KMNO, and ZORA may only matter if broader altcoin sentiment weakens. As usual, unlocks do not guarantee declines, but they can trigger pre-event caution and post-event volatility as the market tests new supply absorption.

Overall, the week presents a targeted rather than broad market supply risk. GPS is the main watchlist token because its 15.90% unlock creates the strongest potential dilution signal. EIGEN and CARDS may also see increased volatility due to their higher unlock values and supply ratios above 6%. Traders should watch for weakness before unlock dates, followed by volume stabilization after supply enters circulation. If selling pressure fades after the event, rebound setups may emerge; if volume rises on continued downside, unlock-related distribution may still be active.

Thank you for your continuous support.

BitKan Team

About BitKan

Trusted since 2012, BitKan enables you to trade 1200+ crypto coins across its 8 Partner Exchanges (E.g. Binance & OKX) with 1 BitKan APP. With BitKan’s weekly new coin listings and negative spread, there is now a better way to get the cheapest Bitcoin, Ethereum, and your favourite crypto coins in under a minute.

New to BitKan? Here are some crypto gifts for you!

1. ***Get a $100 BitKan Sign-Up Gift***
2. ***Earn $100 Bonus For Every Friend You Refer 3. [Receive Daily Crypto News 24/7 from BitKan News Bot](https://t.me/BitKanCryptoNews)***

Benefits of BitKan Cryptocurrency Exchange:

• Receive the most recent daily news within the community
• Trade 1200+ coins across 8 exchanges with 1 BitKan account
• Use custom price alert and portfolio tracker at your fingertips
• Start a Spot, Futures, Automated Bot Trade, BitKan Earn & more
• Served 10+ million users in 170 countries with 9 years of experience
• Discover the latest events, coins & enjoy the best prices on Web & APP
• 8 Partner Exchanges Include Binance, OKX, Bitfinex, Gate.io, Huobi, MEXC, Poloniex, and Bit.com.
• Based in Singapore and Japan, BitKan holds the Digital Asset Exchange License from the Financial Services Agency of Japan.

Follow Us:

• Official BitKan Website | App | Twitter | Telegram | Medium
• BitKan Ambassador | Coin Listing Application | BitKan Guide