๐ Keep an eye out for the biggest token unlocks next week:
STRK: Unlocking 8.79% ($78.08 million)
CYBER: Unlocking 4.13% ($4.28 million)
AEVO: Issuing 827.63 million tokens
ARB: Unlocking 3.49% ($93.02 million)
APE: Unlocking 2.48% ($19.03 million)
MANTA: Unlocking 2.66% ($11 million)
ROSE: Unlocking 2.54% ($14.63 million)
PIXEL: Unlocking 7.05% ($20.47 million)
These unlock events could significantly impact the market. When large amounts of tokens become available for trading, it often leads to increased selling pressure as token holders may choose to cash out their profits. This influx of supply can drive prices down temporarily.
Conversely, if the market absorbs the new supply efficiently, it could indicate strong demand and potentially lead to price stabilization or even growth. Stay informed and plan your strategies accordingly! ๐๐