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$759M in Token Unlocks Set to Hit the Crypto Market This Week
The post $759M in Token Unlocks Set to Hit the Crypto Market This Week appeared on BitcoinEthereumNews.com. Over the week, the crypto market will experience a significant wave of token unlocks. There will be a combined value exceeding $759 million worth of unlocks. This includes both large single-event unlocks and linear unlocks from projects like APT, SOL, NEON, and AVAX. The same could impact market dynamics. Single Large-Amount Unlocks: Significant Supply Impact Single large-amount token unlocks dominate the narrative this week. Massive amounts of the token are being released for multiple projects As a leader, Aptos (APT) leads the way with $114 million worth of tokens or 11.31 million APT expected to circulate. That amounts to 2.02% of Aptos’ total circulating supply. Unless backed by an equivalent increase in demand from investors, such a big increase in the supply of such a scarce commodity could result in downward pressure on the token’s price. Another standout in this category is NEON, with 53.91 million tokens scheduled to be unlocked, worth $21.62 million. In terms of percent unlock, this is a massive 28.52%. One of the highest unlocks for any token, as compared to other unlock dates. – Advertisement – The nature of this release could be very volatile and possibly even price-lowering if token holders sell off. Other interesting unlocks are MOVE, which will see $50M tokens 2.22% of supply enter the circulation. It also includes CXT with $12.86M unlocked 0.42% of its supply. Across all, Banana will release 250 million tokens valued at $11.12 million, or 7.21% of its total supply. Different sizes of these unlocks show different impact, as a higher percentage of circulating supply usually has a bigger effect on the market. Linear Unlocks: Gradual but Still Significant Linear unlocks will further contribute to the market’s token supply in the form of single large-amount unlocks. This first category is led by Solana (SOL) with $99.46M…
The post $759M in Token Unlocks Set to Hit the Crypto Market This Week appeared on BitcoinEthereumNews.com.
Over the week, the crypto market will experience a significant wave of token unlocks. There will be a combined value exceeding $759 million worth of unlocks. This includes both large single-event unlocks and linear unlocks from projects like APT, SOL, NEON, and AVAX. The same could impact market dynamics. Single Large-Amount Unlocks: Significant Supply Impact Single large-amount token unlocks dominate the narrative this week. Massive amounts of the token are being released for multiple projects As a leader, Aptos (APT) leads the way with $114 million worth of tokens or 11.31 million APT expected to circulate. That amounts to 2.02% of Aptos’ total circulating supply. Unless backed by an equivalent increase in demand from investors, such a big increase in the supply of such a scarce commodity could result in downward pressure on the token’s price. Another standout in this category is NEON, with 53.91 million tokens scheduled to be unlocked, worth $21.62 million. In terms of percent unlock, this is a massive 28.52%. One of the highest unlocks for any token, as compared to other unlock dates. – Advertisement – The nature of this release could be very volatile and possibly even price-lowering if token holders sell off. Other interesting unlocks are MOVE, which will see $50M tokens 2.22% of supply enter the circulation. It also includes CXT with $12.86M unlocked 0.42% of its supply. Across all, Banana will release 250 million tokens valued at $11.12 million, or 7.21% of its total supply. Different sizes of these unlocks show different impact, as a higher percentage of circulating supply usually has a bigger effect on the market. Linear Unlocks: Gradual but Still Significant Linear unlocks will further contribute to the market’s token supply in the form of single large-amount unlocks. This first category is led by Solana (SOL) with $99.46M…
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