Major Crypto Events to Watch This Week: Ethena Airdrop, Sui Unlocks, and More

2024-10-01
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The crypto space is set to witness a series of high-profile events this week, ranging from airdrops and token unlocks to critical governance votes and new product launches. From the Ethena airdrop claim starting on September 30 to the highly anticipated $146M Sui token unlock on October 3, these events are sure to capture the attention of traders, investors, and enthusiasts alike. Notably, the launch of DeFi Kingdoms' PvP experience and the EigenLayer Token Generation Event (TGE) promise to bring exciting developments to the DeFi and Layer 1 spaces.

Key Takeaways

  • Ethena Airdrop and EigenLayer TGE: The week kicks off with the Ethena airdrop claim and the EigenLayer Token Generation Event on October 1, marking pivotal moments for both projects.
  • Major Token Unlocks: Sui and Immutable will see significant token unlocks this week, releasing $146M and $55.7M worth of tokens, respectively, which could impact market dynamics.
  • Exciting Platform Launches: Kadena’s AMA on Pact 5 and DeFi Kingdoms' new Colosseum PvP experience exclusively on Metis bring innovation to the forefront of the crypto ecosystem.

Major Crypto Events This Week

September 30:

Ethena Airdrop Claim: Users who qualify for Ethena's airdrop can begin claiming their tokens, marking a significant milestone for the project.

End of Galxe Quest by Burnt (XION): The Galxe quest hosted by Burnt Finance reaches its deadline, bringing the quest to a close.

Superposition Galxe Quest End: Another Galxe quest by Superposition also reaches its conclusion.

October 1:

Jupiter Vote on Unclaimed $JUP Tokens: Jupiter token holders will vote on how to distribute the unclaimed $JUP tokens from the previous airdrop, a critical decision for the project’s tokenomics.

PIN AI Campaign Deadline: The "Introduction to PIN AI" campaign wraps up, providing an opportunity for participants to contribute to the project.

EigenLayer TGE: EigenLayer is set to launch its highly anticipated Token Generation Event (TGE), which will be a key development for this innovative staking infrastructure.

October 2:

Kadena AMA on Pact 5: Kadena will host an AMA focused on Pact 5 at 3 PM DET, offering insights into the platform’s smart contract language and its upcoming features.

DeFi Kingdoms Colosseum PvP Launch: The popular DeFi game will launch its Colosseum PvP experience, available exclusively on Metis, bringing fresh gameplay mechanics to its user base.

October 3:

Sui $146M Token Unlock: A massive $146M worth of Sui tokens will be unlocked, potentially impacting the market and the token’s price.

October 4:

Across Community Proposal: Across will renew its community essentials committee for Q4-Q1, shaping the platform’s governance for the months ahead.

Immutable $55.7M Token Unlock: Another significant token unlock, $55.7M worth of IMX tokens, will occur, impacting the platform’s ecosystem.

October 5:

Galxe $6.96M Token Unlock: Galxe will unlock $6.96M worth of tokens, possibly influencing trading activity around the token.

October 6:

Arbitrum NFT Mint Deadline: The deadline for minting NFTs from Arbitrum will occur, closing this chapter in the project’s ongoing NFT initiative.

FAQs

What is the significance of the Sui $146M token unlock on October 3?

The Sui token unlock will release a large volume of tokens into circulation, which could lead to increased market activity, liquidity, and possible fluctuations in the token’s price.

What is EigenLayer’s TGE, and why is it important?

EigenLayer’s Token Generation Event (TGE) on October 1 marks the official launch of its token, an essential step for the project as it continues to build its decentralized staking infrastructure.

How can I participate in the Ethena airdrop claim?

Starting on September 30, eligible users can claim their Ethena tokens through the designated airdrop platform. Be sure to check the eligibility requirements to participate.

Disclaimer: The content of this article does not constitute financial or investment advice.

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