Top 3 Token Unlocks to Watch Next Week: Big Moves Expected for These Three and More
Token unlocks can shake up the market, as previously locked tokens become available for trading. This often impacts liquidity and investor behavior. Here are three major unlocks happening next week that you don’t want to miss:
1. EigenLayer ($EIGEN )
Unlock date: October 8 | Unlocking 9.93 million EIGEN
Ethereum-based restaking protocol EigenLayer is set to unlock nearly 10 million EIGEN tokens, valued at $35.75 million. While the project has been making waves since its recent exchange listing, these unlocked tokens are earmarked for community initiatives, so the price impact is expected to be minimal.
Unlock date: October 10 | Unlocking 8 million OP
Optimism, Ethereum’s Layer-2 scaling solution, will release 8 million OP tokens into circulation on October 10. These tokens are aimed at funding public goods initiatives, which could positively impact the ecosystem, but the supply increase could put some pressure on the price.
Unlock date: October 11 | Unlocking 11.31 million APT
Aptos, the Layer-1 blockchain known for its speed and security, will unlock over 11 million APT tokens next week. Despite its strong reputation, Aptos has faced tokenomics criticism. This unlock, involving community members and investors, will likely bring heightened attention to APT’s market dynamics.
Other notable unlocks next week include Hashflow (HFT), Cardano (ADA), and more, with a total value exceeding $204 million. While unlocks can be seen as bearish, they can also fuel long-term growth if timed with key milestones and developments. Keep these projects on your radar!
Like I always say, do not become exit liquidity for VC degens!
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