Tag Archives: million EIGEN tokens

EIGEN stuck in squeeze with $16M token unlock set to test support

EIGEN stuck in squeeze with M token unlock set to test support

EigenCloud’s (formerly EigenLayer) native token, EIGEN, is coiling like a viper on the charts. A $1.6 million token unlock looms, promising either explosive upside or a venomous bite. Summary EIGEN trades near $1.34, down 8% daily but up 24% monthly. A $1.6M token unlock on July 29 may impact short-term price direction. Technicals show a squeeze forming as support is …

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