$JUP #Write2Earn #JUP #DYM #zeta #TrendingTopic In the expectation of a bull market for 2024 following the Bitcoin (BTC) halving, token airdrops are becoming popular again.Although rewarding for its participants, investors should avoid trading recently airdropped cryptocurrencies. This is because these tokens could experience massive sell-offs in the short term, with early receivers realizing their prize.Interestingly, the larger the number of tokens airdropped, the more likely this token will trend with these holders trying to promote the asset to get enough liquidity for realization. In this context, Finbold picked three cryptocurrencies trending due to recent massive airdrops that investors should avoid trading next week.Avoid trading Dymension (DYM) IOU tokenFirst, Dymension’s (DYM) airdrop attracted speculators and is currently trending due to its mainnet launch on February 6. Therefore, the DYM distribution airdropped an IOU token – not the real native asset that will launch within the mainnet.More than the usual risks of trading a recently distributed cryptocurrency, Dymension also exposes traders to liquidity risks as people will redeem the IOU synthetic asset for the real token.DYM’s IOU is trading at $4.69, keeping a relatively stable history since January 29. Thus, increasing the risks of a dump after the mainnet’s launch.Avoid trading Jupiter (JUP)Jupiter (JUP) is another trending cryptocurrency that was recently airdropped, and investors should avoid trading it next week.Notably, JUP has already experienced a massive drop of 50% from its initial value on January 31, from $1.27 to $0.63. This evidences what can happen with an airdropped token in its first stages. Still, Jupiter has only distributed 13.5% of its total supply, meaning more sell-offs are expected moving forward.Avoid trading ZetaChain (ZETA)Finally, ZetaChain (ZETA) is the third cryptocurrency to avoid trading following its airdrop. ZETA is trading in an uptrend from $0.817 to $1.78 at the time of publication. ZetaChain already has a market cap of $420 million, which is relatively high for a new project.In this aspect, ZETA is the most likely asset to experience a huge dump if the airdrop receivers decide to realize this gigantic profit.It is worth mentioning that highly promoted airdrops also become attractive targets for hackers. For that reason, people participating in these events must be extremely careful when clicking on links and connecting their wallets. Despite the risks, experienced traders can find great opportunities with airdrops or even trading these newly launched cryptocurrencies.Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk

The cryptocurrency market is gearing up for several significant token unlocks in the coming days. These events can influence market dynamics, impacting the price and liquidity of the involved tokens. Here’s a detailed look at some of the key tokens scheduled for unlocks soon.
Key Tokens and Their Unlock Details:
MANTAPrice: $1.03 (+1.18%)Market Cap: $335.08MCirculating Supply: 325.32MTotal Unlocked: 33.5%Upcoming Unlock: $1.92MUnlock Time: June 29, 2024, 2:06 AM UTCNext 7 Days Emission: $3.16M (0.94%)DYDXPrice: $1.37 (+1.48%)Market Cap: $366.19MCirculating Supply: 267.29MTotal Unlocked: 55.7%Upcoming Unlock: $11.42MUnlock Time: June 29, 2024, 2:06 AM UTCNext 7 Days Emission: $11.42M (3.12%)GMTPrice: $0.161 (-1.24%)Market Cap: $339.16MCirculating Supply: 2.10BTotal Unlocked: 44.8%Upcoming Unlock: $524.51KUnlock Time: June 29, 2024, 2:06 AM UTCNext 7 Days Emission: $3.67M (1.08%)SUIPrice: $0.807 (+1.93%)Market Cap: $1.96BCirculating Supply: 2.43BTotal Unlocked: 24.3%Upcoming Unlock: $51.75MUnlock Time: June 29, 2024, 2:06 AM UTCNext 7 Days Emission: $55.87M (2.86%)MAVPrice: $0.247 (-3.76%)Market Cap: $61.82MCirculating Supply: 250.00MTotal Unlocked: 16.3%Upcoming Unlock: $9.00MUnlock Time: June 29, 2024, 2:06 AM UTCNext 7 Days Emission: $9.85M (15.95%)
PORTALPrice: $0.459 (+1.59%)Market Cap: $76.77MCirculating Supply: 167.13MTotal Unlocked: 28.7%Upcoming Unlock: $398.18KUnlock Time: June 29, 2024, 2:06 AM UTCNext 7 Days Emission: $2.79M (3.63%)AKTPrice: $3.56 (-1.70%)Market Cap: $852.28MCirculating Supply: 239.41MTotal Unlocked: 63.1%Upcoming Unlock: $247.75KUnlock Time: June 29, 2024, 2:06 AM UTCNext 7 Days Emission: $1.74M (0.21%)ZETAPrice: $0.817 (+2.57%)Market Cap: $224.70MCirculating Supply: 275.14MTotal Unlocked: 13.0%Upcoming Unlock: $4.32MUnlock Time: June 29, 2024, 2:06 AM UTCNext 7 Days Emission: $5.14M (2.29%)ACAPrice: $0.069 (+4.38%)Market Cap: $70.00MCirculating Supply: 1.02BTotal Unlocked: 48.2%Upcoming Unlock: $1.89MUnlock Time: June 29, 2024, 9:06 AM UTCNext 7 Days Emission: $1.89M (2.69%)IOPrice: $3.28 (+3.14%)Market Cap: $311.60MCirculating Supply: 95.00MTotal Unlocked: 11.7%Upcoming Unlock: $24.60MUnlock Time: June 29, 2024, 3:06 PM UTCNext 7 Days Emission: $27.12M (8.70%)PENDLEPrice: $4.95 (-0.20%)Market Cap: $771.84MCirculating Supply: 155.93MTotal Unlocked: --Upcoming Unlock: $178.75KUnlock Time: July 1, 2024, 12:06 PM UTCNext 7 Days Emission: $1.26M (0.16%)EGLDPrice: $29.05 (+1.43%)Market Cap: $785.62MCirculating Supply: 27.04MTotal Unlocked: 90.8%Upcoming Unlock: $81.77KUnlock Time: July 2, 2024, 2:06 PM UTCNext 7 Days Emission: $627.74K (0.08%)

#tokenunlock #pendle #io #zeta #manta $IO $PENDLE $MANTA