May 2022, this month makes the eighth time eShark Token have unfrozen their token as they share the news with their community.
eShark Token unfrozen tokens every 26th in the month, with 10% of the total eShark Token will be unfrozen tokens that will be used for transactions activities.
Frozen token is a token that is created but cannot be transferred to another address until certain unlocking conditions are met, and when the conditions are met, these tokens will be unfrozen and then can be used for transactions
The term is mostly used by the developer to show that they are committed to the long-term success of their currency. One of the advantages of Frozen Token is, it can help the market price stable and prevent the sudden pullbacks by developers selling tokens to everyone at once. Frozen tokens also help stability by allowing the developers to maintain control over prices.
On 26th May 2022, eShark Tokens unfrozen 2.111.064.631 total tokens and accumulating the previous unfrozen periods, they have unfrozen a total of 16.902.817.048 tokens. At the time this article was written, following the unfrozen, eShark Token now has a 16.996.730.798 in total circulating supply
For more information about eShark and their road map, you can visit their official website at: https://www.esharktoken.com.
You can also join their official Telegram group to engage directly with the community and to always stay up-to-date with their news at: https://t.me/esharktokenofficial.
You can join their Discord for more information about scholarship at: https://discord.link/esharktoken.
ESHK can also be obtained through WhiteBit, Coinsbit, P2PB2B, and also on PancakeSwap.