This week, 8 altcoins will be unlocked, totaling tens of millions of dollars.
According to Token Unlocks data, a total of over $511 million worth of tokens will be unlocked across eight altcoin projects, including Sui (SUI), Zetachain (ZETA), Maveric Protocol (MAV), and Mocaverse (MOCA), between December 30 and January 5.
Unlocking tokens that are usually more than 1% of the circulating supply can have a significant negative impact on the price. In this context, the unlocks that will take place next week in Sleepless AI (AI), Maveric Protocol (MAV), World (WLD) and Delysium (AGI) are an important focus.
Watch out for AI and MAV!
In particular, the unlocking of 23 million tokens worth $14 million in the Sleepless AI (AI) token draws attention as it constitutes 17.85% of the circulating supply.
The unlocking of $7 million worth of the Maveric Protocol (MAV) token is another important development to watch, with a supply rate of 7.2%.
The cryptocurrencies that will be unlocked are as follows:
Sui (SUI): 64 million tokens worth $263 million, will be unlocked on December 30th at 15:00 CET. 2.10% of the circulating supply will be free.
Optimism (OP): 31 million tokens worth $58 million will be unlocked on December 30th at 17:00 GMT. 2.78% of the circulating supply will be free.
Zetachain (ZETA): 53 million tokens worth $31 million will be unlocked at 12:00 GMT on December 31. 9.17% of the circulating supply will be free.
Sleepless AI (AI): 23 million tokens worth $14 million will be unlocked over the next week. 17.85% of the circulating supply will be freed.
Delysium (AGI): 76 million tokens worth $10 million, will unlock on January 1 at 15:00 CET. 5.50% of the circulating supply will be free.
World (WLD): 37 million tokens worth $81 million will be unlocked between December 23-30. 4.67% of the circulating supply will be freed.
Maveric Protocol (MAV): 36,000 tokens worth $7 million will be unlocked between January 1-5. 7.10% of the circulating supply will be free.
Celestia (TIA): 6 million tokens worth $35 million will be unlocked over the next week. 0.10% of the circulating supply will be freed.
Mocaverse (MOCA): 41 million tokens worth $12 million will be unlocked between January 1-5. 2.65% of the circulating supply will be free.