This week, the cryptocurrency world will experience a significant event, with tokens worth over $790 million expected to be unlocked. Among them, the highly anticipated DOGE will also participate, releasing a large amount of tokens to the market through a daily linear unlocking method, which will undoubtedly have a significant impact on its already massive circulating supply.

The emergence of this phenomenon coincides with the market's general expectation that the Federal Reserve may lower interest rates, as well as the impending launch of new institutional-level products, which are believed to potentially trigger a new round of market upsurge.

According to industry experts, approximately 96.54 million DOGE is expected to be unlocked this week, valued at around 26.68 million USD, accounting for 0.06% of its circulating supply. This means that in the coming week, DOGE will increase by about 1 million USD worth of new supply every day. Currently, the total circulating supply of DOGE is close to 151 billion.

It is worth noting that not only DOGE, but also several projects including Worldcoin (WLD), Celestia (TIA), and Solana (SOL) will adopt a similar linear unlocking method. Meanwhile, projects such as SEI, Arbitrum (ARB), MELANIA, and Optimism (OP) have chosen a one-time token release strategy.

The token unlocking coincides with several potential positive factors, attracting widespread attention from the market. The most notable is the Federal Reserve's possible announcement of an interest rate cut on September 17, which could further improve the market's liquidity environment. In addition, the market's expectation that the DOGE ETF may be launched on September 18, along with the persistent demand from active DOGE traders, are seen as important factors supporting the short-term price.

However, in the face of such a large-scale token unlock, the market's reaction remains uncertain. On one hand, the increased supply may exert short-term pressure on prices; on the other hand, the positive expectations surrounding DOGE may offset some of the impacts of the supply increase.

Overall, this large-scale token unlocking event will serve as an important window to observe the dynamics of the cryptocurrency market. It not only reflects the token distribution strategy of the project team but will also test the market's ability to digest various positive news. Investors and market participants should closely monitor the development of this event and its potential far-reaching impact on the entire cryptocurrency ecosystem.