$177M Aptos Token Unlocks: Brace for Market Turbulence

The post $177M Aptos Token Unlocks: Brace for Market Turbulence appeared on BitcoinEthereumNews.com. Token unlock events are creating significant buzz in the cryptocurrency market this week. Investors are on high alert as $177 million worth of tokens are set to be released. These unlocks could lead to increased volatility and potential downward pressure on prices. Stay informed on looming token unlocks affecting major cryptocurrencies, potentially shaking up the market dynamics. Upcoming Token Unlocks Pose Significant Market Risks This week, the Token Unlocks App has highlighted substantial upcoming token releases that could stir considerable market turbulence. Specifically, $177 million worth of tokens from six different cryptocurrencies are set for release, potentially creating bearish conditions due to increased supply. Aptos (APT) Faces Key Token Unlock On July 12, Aptos (APT) is scheduled to release 11.31 million tokens, equating to 2.49% of its circulating supply, valued at approximately $63.33 million. The APT price currently stands at $5.59, reflecting a 4.02% increase over the past day. As the unlock date approaches, the market will closely watch Aptos for potential price fluctuations. Xai (XAI) Prepares for Significant Unlock Event Xai (XAI) will witness the release of 198.40 million tokens on July 9, representing 71.59% of its circulating supply and worth $56.55 million. Currently trading at $0.2835, down 0.83%, XAI’s pending token unlock is expected to significantly impact its market dynamics. Immutable (IMX) to Release Tens of Millions of Tokens Immutable (IMX) is set to unlock 32.47 million tokens on July 12, which constitutes 2.15% of its circulating supply and is valued at $40.59 million. IMX is trading at $1.26, marking a 4.33% increase. This upcoming unlock could lead to increased volatility for IMX in the near term. io.net (IO) Scheduled Token Unlock io.net (IO) will experience the release of 2.87 million tokens on July 11, equivalent to 3.02% of its circulating supply, worth $5.98 million. With its current…

Jul 6, 2024 - 13:00
 0  10
$177M Aptos Token Unlocks: Brace for Market Turbulence

The post $177M Aptos Token Unlocks: Brace for Market Turbulence appeared on BitcoinEthereumNews.com.

Token unlock events are creating significant buzz in the cryptocurrency market this week. Investors are on high alert as $177 million worth of tokens are set to be released. These unlocks could lead to increased volatility and potential downward pressure on prices. Stay informed on looming token unlocks affecting major cryptocurrencies, potentially shaking up the market dynamics. Upcoming Token Unlocks Pose Significant Market Risks This week, the Token Unlocks App has highlighted substantial upcoming token releases that could stir considerable market turbulence. Specifically, $177 million worth of tokens from six different cryptocurrencies are set for release, potentially creating bearish conditions due to increased supply. Aptos (APT) Faces Key Token Unlock On July 12, Aptos (APT) is scheduled to release 11.31 million tokens, equating to 2.49% of its circulating supply, valued at approximately $63.33 million. The APT price currently stands at $5.59, reflecting a 4.02% increase over the past day. As the unlock date approaches, the market will closely watch Aptos for potential price fluctuations. Xai (XAI) Prepares for Significant Unlock Event Xai (XAI) will witness the release of 198.40 million tokens on July 9, representing 71.59% of its circulating supply and worth $56.55 million. Currently trading at $0.2835, down 0.83%, XAI’s pending token unlock is expected to significantly impact its market dynamics. Immutable (IMX) to Release Tens of Millions of Tokens Immutable (IMX) is set to unlock 32.47 million tokens on July 12, which constitutes 2.15% of its circulating supply and is valued at $40.59 million. IMX is trading at $1.26, marking a 4.33% increase. This upcoming unlock could lead to increased volatility for IMX in the near term. io.net (IO) Scheduled Token Unlock io.net (IO) will experience the release of 2.87 million tokens on July 11, equivalent to 3.02% of its circulating supply, worth $5.98 million. With its current…

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