Mango Network to unlock 193.12 million MGO tokens on August 9
AI Market Summary
Mango Network is set to unlock ~193.12M MGO tokens on Aug 9 (UTC+8), valued near $1.79M, per RootData and ChainCatcher. As part of the preset vesting schedule (early investors, team, and ecosystem incentives), the supply increase can raise near-term float and sell-pressure risk. This typically widens liquidity and volatility around the unlock window, especially for newly tradable allocations.
Impact level
● Medium
Affected assets
M/USDT-1.67%
AI Insight · M/USDTAI Insight
▼ Bearish
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Mango Network (MGO) is set to unlock about 193.12 million tokens at 9:00 AM (UTC+8) on August 9. The unlock is estimated to be worth about $1.79 million based on current data. The figures were disclosed by Web3 asset data platform RootData and confirmed by ChainCatcher.
