Crypto token unlocks remain a crucial event for investors to monitor. This week, seven notable tokens are set to undergo major unlocks, potentially impacting their price action and overall market sentiment. According to Coin Post, here are the top token unlocks for this week.
Top 7 token unlocks this week
- $ID – $43.61 Million- Leading the pack is $ID, with $43.61 million worth of tokens set to be unlocked. As the largest unlock of the week, this event could have a substantial impact on $ID’s price and trading volume.
- $MERL – $30.08 Million- $MERL follows closely behind, with $30.08 million in tokens scheduled for release.
- $GRT – $20.54 Million – The Graph ($GRT), a well-known project in the indexing and querying space, will see $20.54 million worth of tokens unlocked this week.
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Show more +- $PIXEL – $19.16 Million- $PIXEL, a lesser-known token, is set to undergo an unlock valued at $19.16 million.
- $MANTA – $17.50 Million – Manta Network ($MANTA), a privacy-preserving decentralized exchange (DEX) built on Polkadot, will experience an unlock of $17.50 million.
- $ZKJ – $17.25 Million- $ZKJ, a token associated with a project in the zero-knowledge proof (ZKP) space, will see an unlock of $17.25 million.
- $APE – $16.31 Million – Rounding out the list is $APE, the native token of the ApeCoin ecosystem, with an unlock valued at $16.31 million.
Token unlocks can have a major impact on market dynamics, as they often lead to increased selling pressure and volatility. Watch out for these 7 tokens, if you are an investor or a trader.
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