Pixels 價格PIXEL

More than $84 million worth of crypto tokens are scheduled to be unlocked across several major projects between May 19 and 25. This upcoming surge of insider unlocks marks a pivotal moment for investors, as such events can influence both short-term market volatility and broader token liquidity. Data from Tokenomist indicates that Pyth Network ($PYTH) alone accounts for more than 90% of the total unlock value next week, with over $78 million in its tokens scheduled for release. These significant insider unlocks often reflect shifts in investor strategy or align with foundational growth plans. Consequently, market participants are closely watching these developments for potential trading opportunities or cautionary signals The highlight of the week is the Pyth Network ($PYTH), unlocking 12.76% of its circulating supply. This amounts to a staggering $78.21 million, vastly outpacing other tokens. Following PYTH is Pixels ($PIXEL), unlocking $1.98 million (4.77%), and Morphware ($XMW) with $1.14 million (1.58%). Meanwhile, KARRAT and Hooked Protocol ($HOOK) contribute with $903.51k (3.84%) and $661.59k (1.70%), respectively. These unlocks are not just numbers they potentially reshape supply-demand dynamics. While some holders might choose to liquidate, others may hold, banking on long-term value. Hence, price reactions often depend on broader market sentiment and trading volumes around the unlock windows. $PYTH has been trading within a narrow band of $0.160 to $0.172, with resistance at $0.1722 and solid support at $0.1605. Although the daily trend shows minor bearish movement, sustained volume indicates strong market interest. A breakout above resistance could reignite a bullish move. On the other hand, PIXEL is experiencing range-bound volatility, struggling to breach $0.0572, its daily high. Support rests around $0.0521, suggesting downside risk if volume spikes downward. XMW, however, is showing mild bullishness with higher lows and rising from $0.0860, hinting at a possible continuation if it clears $0.0925. Meanwhile, KARRAT has taken a downturn, dropping 5% in value with eroded volume. If it slips below $0.0705, further losses could follow. HOOK saw a failed midday breakout, falling back below key resistance at $0.1605, though it may stabilize above $0.1550 if demand returns. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Yuga Labs, the Web3 company behind Bored Ape Yacht Club, has sold the intellectual property rights of the CryptoPunks NFT collection to the Infinite Node Foundation. The move, announced by the foundation on Tuesday, marks a significant shift for one of the most iconic NFT collections. Originally created in 2017 by Larva Labs, CryptoPunks consists of 10,000 pixel-art characters that have become synonymous with early digital art culture and the rise of blockchain-based ownership. The Infinite Node Foundation is a nonprofit focused on the preservation and exhibition of digital art. The foundation said it plans to expand the legacy of CryptoPunks through preservation, academic study, and physical exhibitions. It will launch a new museum-partnership program and debut a curated show featuring all 10,000 Punks at its upcoming permanent exhibition space in Palo Alto, California. The space will also include a live Ethereum ( ETH ) node to emphasize the on-chain nature of the works. “With this acquisition, we’re building an architecture that allows CryptoPunks to be understood and studied as part of both art history and internet culture,” said NODE chair Micky Malka. NODE’s advisory board includes key figures such as Matt Hall and John Watkinson (the creators of CryptoPunks), Yuga Labs co-founder Wylie Aronow, and Art Blocks founder Erick Calderon. The foundation is the first nonprofit to fully acquire the IP of a major internet-native artwork. Yuga Labs acquired CryptoPunks from Larva Labs in 2022 but had signaled from the start that its goal was long-term preservation, not commercialization. “We always knew Punks needed a permanent home built for preservation,” said Aronow. Despite generating over $377 million in secondary sales in 2024 alone, CryptoPunks have remained largely outside the traditional art world.

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