LayerZero jumps 22% – Can ZRO beat THIS before its $62M unlock?
LayerZero has a ZRO token unlock scheduled for Oct. 20. The unlock covers 23.63 million ZRO, equal to 5.93% of circulating supply, and includes allocations for core contributors and strategic partners. Separately, ZRO was up 22% as one report framed the move ahead of the same $62 million unlock.
What this rests on
What it means
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ZRO holders and market watchers notice the scheduled Oct. 20 unlock first, because 23.63 million tokens are set to enter circulation in that release. The unlock also names core contributors and strategic partners as part of the allocation, which makes those groups directly relevant to the event.
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