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658 Million Dollar Week for 22 Altcoins: Here are the Details and Dates! - Coin Bulletin
This week, a total of 658.92 million dollars worth of locked tokens will be opened for 22 different altcoins in the crypto market.
According to the latest data provided by Tokenomist, significant amounts of tokens will be released in major projects such as Solana (SOL), Worldcoin (WLD), Dogecoin (DOGE), Tao (TAO), and Avalanche (AVAX). This situation may lead to short-term selling pressure on the related crypto assets.
Bulk Unlocks (7 April – 14 April)
The prominent projects in the mass unlocking events taking place this week are as follows:
(# Gradual Unlocking )7 April – 14 April(
The notable projects among the tokens gradually launched during the week are as follows:
)# How Will It Affect Prices?
Token unlocks often lead to price declines, especially for tokens with a significant amount and a large share of circulating supply. In this context, high percentage unlocks in projects like SUI, WLD, OP, BIGTIME, and ZETA stand out as tokens that investors should pay attention to.
Tokens with a circulating supply ratio above 1% such as (SUI, WLD, OP, BIGTIME, ZETA) can cause short-term volatility and selling pressure in the crypto market. It is emphasized that investors need to be cautious during this process.