Crypto Token Unlocks to Watch This Week (Aug 5–10): SPEC, ENA, MAVIA, and More Explained

SPEC and MAVIA will unlock over 17% and 23% of their supply respectively, potentially driving sharp volatility amid meme and GameFi narratives.

ENA and IMX face large-value unlocks exceeding $95M and $12M, putting investor sentiment and market demand under pressure.

Narrative strength in projects like Render and EigenLayer may help cushion price impact despite ongoing emissions and token releases.

Major token unlocks this week include SPEC, ENA, EIGEN, MAVIA, IMX, MOVE, and RENDER. Discover how these releases could impact price, supply, and sentiment in the crypto market.

THIS WEEK’S MAJOR TOKEN UNLOCKS

From GameFi to restaking, this week’s token unlock schedule includes major events for SPEC, ENA, EIGEN, MAVIA, IMX, MOVE, and RENDER. These unlocks could significantly affect market behavior, especially for projects with low float or strong narrative-driven demand.

Let’s break down each token’s unlock schedule, potential market impact, and project fundamentals to help you make informed trading decisions.

SPEC: MEME AND RESTAKING NARRATIVES COLLIDE

Unlock Time: August 5 at 08:00 (UTC+8)

Amount: 3.62M SPEC (~17.57% of supply)

Value: ~$1.8M

Project overview: SPEC is a hybrid memecoin and restaking project built on BNB Chain. It combines meme-driven community storytelling with passive income potential through restaking and DeFi yield features.

Unlock Impact: With nearly 18% of total supply hitting the market, SPEC faces potential selling pressure. The outcome depends largely on social sentiment and whether speculative demand can keep up.

ENA: ETHENA’S STABLECOIN ECOSYSTEM

Unlock Time: August 5 at 15:00 (UTC+8)

Amount: 172M ENA (~2.70%)

Value: ~$95.8M

Project overview: ENA is the governance token of Ethena, a synthetic stablecoin protocol known for its USDe product. Backed by leading VCs, Ethena uses ETH perpetual hedging to maintain stability.

Unlock Impact: Despite representing only 2.7% of circulating supply, this unlock carries a large USD value. Investor behavior post-unlock will be key to understanding market reaction.

EIGEN: MODULAR ETH STAKING INFRASTRUCTURE

Unlock Time: August 6 at 03:00 (UTC+8)

Amount: 1.29M EIGEN (~0.40%)

Value: ~$1.4M

Project overview: EigenLayer is the originator of the “restaking” concept, allowing ETH to be reused to secure additional services. It’s become a central part of Ethereum’s modular infrastructure narrative.

Unlock Impact: A relatively small release, this unlock is unlikely to trigger major price shifts. However, its symbolic role in the Ethereum ecosystem may prompt strategic repositioning.

MAVIA: MOBILE STRATEGY GAMING IN WEB3

Unlock Time: August 6 at 08:00 (UTC+8)

Amount: 11.89M MAVIA (~23.03%)

Value: ~$1.9M

Project overview: MAVIA powers Heroes of Mavia, a mobile strategy game developed by Skrice Studios. It aims to replicate the success of Clash of Clans in a blockchain-native format.

Unlock Impact: This unlock introduces a large percentage of supply to the market. Guilds and early backers may look to exit positions, creating potential short-term volatility.

IMX: L2 GAMING INFRASTRUCTURE ON ETHEREUM

Unlock Time: August 8 at 08:00 (UTC+8)

Amount: 24.52M IMX (~1.30%)

Value: ~$12.2M

Project overview: IMX is the native token of Immutable X, a zk-rollup Layer 2 built for NFTs and gaming. It supports popular titles and partners like Gods Unchained and GameStop.

Unlock Impact: IMX remains a top gaming infrastructure token, but emissions remain an investor concern. The unlock may test price resilience unless matched by fresh demand.

MOVE: MEME-DRIVEN WITH INFRASTRUCTURE AMBITIONS

Unlock Time: August 9 at 20:00 (UTC+8)

Amount: 50M MOVE (~1.89%)

Value: ~$6.5M

Project overview: Initially launched as a memecoin, MOVE has begun positioning itself as a basic DeFi and tooling provider. Despite this shift, its roadmap remains unclear and speculative.

Unlock Impact: Volatility is expected due to the memecoin identity. Community enthusiasm and social sentiment are likely to drive price movement more than fundamentals.

RENDER: AI AND GPU COMPUTE MARKETPLACE

Unlock Time: August 10 at 08:00 (UTC+8)

Amount: 492K RNDR (~0.09%)

Value: ~$170K

Project overview: Render provides decentralized GPU power for rendering and AI compute tasks. Its market position has grown with the rising demand for AI processing in Web3.

Unlock Impact: The small size and strong narrative make this a low-risk unlock. Still, short-term volume spikes may occur due to speculative positioning around AI-related tokens.

KEY TAKEAWAYS

This week will see several token unlocks. Need to make judgment and analysis based on their respective basic conditions.

SPEC and MAVIA, with their high supply releases, may face downward pressure if they lack buying support. ENA and IMX, with their larger unlock amounts, are susceptible to overall market sentiment and macro trends. For meme- or community-based tokens like SPEC and MOVE, their market performance relies more on narrative-driven growth and community momentum.

Overall, token unlocks, as crucial events that influence liquidity, price, and market expectations, warrant close attention from both short-term traders and long-term holders.

〈Crypto Token Unlocks to Watch This Week (Aug 5–10): SPEC, ENA, MAVIA, and More Explained〉這篇文章最早發佈於《CoinRank》。