The last month of 2024 marks a series of large token unlock events, with a total value of over 1.6 billion USD. This could be a sensitive time as selling pressure increases, affecting the value of many coins. Investors need to pay special attention to unlock events from December 7, 2024, onwards.
Notable unlock events:
• December 7 - Jito Labs ($JTO ):
Will unlock 135.71 million tokens, worth 500 million USD. This is the largest unlock event, which could cause significant volatility.
• December 7 - Neon (NEON):
Unlock 53.91 million tokens (44.92% of total supply), worth 21.5 million USD.
• December 10 - Cheelee (CHEEL):
Release 2.67 million tokens (4.7% of total supply), worth 25.4 million USD.
• December 12 - Aptos ($APT ):
Unlock 11.31 million tokens (2.12% of total supply), worth 147.8 million USD. Aptos is one of the standout projects in the market, and this unlock event could have a significant impact on the price.
• December 17 - ApeCoin ($APE ):
Unlock 15.6 million tokens (2.16% of total supply), worth 22.2 million USD.
• December 19 - Polyhedra Network (ZKJ):
Unlock 17.22 million tokens (28.52% of total supply), worth 24.3 million USD.
• December 22 - SPACE ID (ID):
Unlock 78.49 million tokens (18.23% of total supply), worth 43.3 million USD.
• December 27 - Immutable (IMX):
Unlock 24.52 million tokens (1.45% of total supply), worth 49 million USD.
Advice for investors:
• Closely monitor unlock events: Unlocks often create strong selling pressure, especially for tokens with large unlock amounts compared to total supply.
• Consider short-term risks: The end of the year is a common time for profit-taking, and the risk of panic selling is higher.
• Maintain investment strategy: If you believe in the long term, you might consider gradually accumulating at good price levels.
Always stay updated with information from reliable sources like Token Unlocks and CryptoRanks to timely adjust your strategy.