$EDGE 🚨 EDGE Price Alert - Up 2.25% - Cause:
- Upcoming Token Generation Event (TGE) and listing: edgeX, a decentralized perpetuals exchange, has scheduled its EDGE token TGE and exchange listing for March 31, 2026. This marks a key milestone for the platform, with 25% of tokens allocated to points and NFT holders.
- Treasury fund movements: edgeX treasury reduced by approximately 50 million USDC in one day (from 190M to 140M). The funds were bridged to edgeX, with involvement from market maker Amber Group; receiving address holds around 75M USDC. Discussions center on preparation for TGE liquidity provision or potential post-TGE buyback using part of the treasury.
- Token unlock scheduled: EDGE has a planned unlock of 16.6M on April 2, 2026, as part of broader market unlocks in early April.
No other specific events (such as partnerships, major integrations, or non-price-related developments) were identified in the reviewed posts within the timeframe.
