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This week is packed with significant token unlock events across various altcoins, which could influence their prices and market dynamics. Here's a detailed look at the top token unlocks you need to watch:
Key Token Unlocks This Week
December 2, 2024 (UTC+3)
SUI: $1.29M unlocked (0.01% of market cap)
NEAR: $1.73M unlocked (0.02% of market cap)
WLD: $11.39M unlocked (0.48% of market cap)
ORBR: $14.66M unlocked (3.77% of market cap)
BICO: $2.95M unlocked (0.84% of market cap)
BFC: $2.87M unlocked (3.85% of market cap)
ARKM: $1.15M unlocked (0.22% of market cap)
SEI: $3.37M unlocked (0.13% of market cap)
TIA: $7.93M unlocked (0.23% of market cap)
December 3โ4, 2024 (UTC+3)
NTRN: $5.95M unlocked (3.43% of market cap)
LAI: $1.08M unlocked (2.08% of market cap)
DAR: $1.84M unlocked (1.50% of market cap)
TRIBL: $4.45M unlocked (6.55% of market cap)
December 5โ7, 2024 (UTC+3)
GAL: $4.99M unlocked (1.66% of market cap)
ZERO: $1.22M unlocked (14.28% of market cap)
SWELL: $2.26M unlocked (3.73% of market cap)
HFT: $3.35M unlocked (2.80% of market cap)
JTO: $536.02M unlocked (107.4% of market cap!)
NEON: $22.88M unlocked (32.35% of market cap)
December 8, 2024 (UTC+3)
SHRAP: $3.35M unlocked (10.46% of market cap)
Why Token Unlocks Matter
Token unlocks introduce a significant amount of tokens into circulation, often causing price volatility. The impact depends on factors like the unlock size relative to market cap, the projectโs utility, and investor sentiment. For instance:
Smaller Unlocks (e.g., SUI, NEAR): Minimal impact on price.
Larger Unlocks (e.g., NEON, JTO): Potential for substantial price movements.
What Should You Do?
Monitor the market closely, especially for high-impact unlocks like JTO (107.4% of market cap) and NEON (32.35%).
Consider market sentiment, trading volume, and unlock timelines before making decisions.
Stay updated and make informed moves in this event-packed week!
๐ฌ Which token unlock do you think will have the biggest impact? Let us know in the comments!
Follow @VIKAS JANGRA for timely updates, insights, and crypto strategies. Donโt forget to like, comment, and tip to support more content like this! ๐