Be sure to be alert to market fluctuations this week! The tide of altcoin unlocking is coming!
This week, a total of 25 altcoins will welcome large-scale token unlocking!
Take $SUI for example. The market value is nearly 10 billion US dollars. Although the number of unlocked tokens only accounts for 0.01% of the market value, don’t forget that even a little bit of money is also meat. How can the market not fluctuate when so many coins are unlocked together?
There are also NEAR and $WLD , which have a large market value. Although the proportion of unlocked tokens is not high, the number is large, and the total is not a small number. Especially H2O and VENOM, the unlocking ratio is more than 1%, which is definitely a big impact.
Not to mention PTU and 1INCH, the number of tokens unlocked by PTU accounts for more than 21% of the market value, and 1INCH accounts for nearly 6%, which is simply a time bomb in the market.
Others like ARKM, SEI, TIA, although the unlocking ratio is not high, but the market value is there, any disturbance may cause a chain reaction in the market.
Especially GT and DYDX, the number of unlocked tokens accounts for more than 5% of the market value, which is simply a big storm for the market!
Although the market value of AXL and YGG is relatively small, the number of unlocked tokens is also not small, which is enough to make the market drink a pot.
Not to mention those currencies with small market value but amazing unlocking ratio, such as MAV and RAD, the unlocking ratio exceeds 3%, which is simply a big explosion of small currencies.
Finally, I have to mention IMX, NAVI, $OP and other large-cap currencies. The number of unlocked tokens is also amazing enough to make the market tremble.
So friends, you must keep an eye on the market this week, and those who hold these coins should be more careful, don't let this wave of unlocking be overwhelmed.