BEAT, EIGEN, and ZETA Tokens Unlocked: $77M in New Supply on August 1

Audiera's BEAT token is set to unlock on August 1, along with EIGEN and ZETA tokens. The unlock will bring $77.07 million in new supply to the market, with BEAT accounting for the largest portion at $67.78 million.

BEAT has gained 32.1% over the past seven days, but its price has retreated by about 14% from its weekly high. The token's price currently sits near $3.16, according to CoinGecko data.

EIGEN and ZETA have fallen by 12.6% and 9%, respectively, ahead of their releases. EIGEN is worth approximately $7.87 million at 5 a.m. Beijing time, while ZETA's release is valued at $1.42 million at midnight.

The incoming supply shock for BEAT will raise its tradable supply to around 330.52 million tokens, equaling about 7% of Audiera's market capitalization.