Bitcoin Recovers Amid Market Drop; Important Token Unlocks to Watch This Week

Last week, Bitcoin (BTC) and the cryptocurrency market in general experienced major declines, but there are signs of a slight recovery. Major token unlock events are planned for various altcoins next week. These unlocking events can influence market dynamics and present opportunities to investors.

As the cryptocurrency market enters the new week, it is preparing to get active with several important altcoin token unlocking events that will take place in the coming days. These events can potentially lead to price volatility as they can affect the supply and demand dynamics of the relevant tokens. Investors and market observers should pay attention to these developments.

1Inch (1INCH): A Small But Important Lock Pick
On July 8, 2024, 1Inch (1INCH) will unlock 32.14 thousand tokens. This amount corresponds to 0.01% of the market value of $ 494.2 million. These small increases in token supply can be impactful, especially in a market sensitive to changes.

GMX and XAI Major Unlock Events on July 9, 2024
GMX will unlock 403.23 thousand tokens (0.01% of market cap) with a market cap of $248 million. XAI, on the other hand, will unlock 198.4 million tokens, which corresponds to 71.59% of the $494.2 million market cap. These major unlock events can lead to significant market movements.

DyDx (DYDX): Remarkable High Percentage Unlocking
On the same day, DyDx (DYDX) will unlock 1.55 million tokens. This amount corresponds to 0.68% of the market value of $ 768 million. Due to a relatively higher percentage, this event will attract the attention of investors.

Pendle (PENDLE) and Moonbeam (GLMR): Mid-Week Unlocks
Pendle will unlock 35.64 thousand tokens (0.02% of the $602 million market cap) on July 10, 2024. Moonbeam, on the other hand, will unlock 3.04 million tokens on July 11, 2024, this amount corresponds to 0.34% of the market value of $ 177 million. While these events are more mid-scale than others, they can still be important to market participants.

IO and Immutable (IMX): Mid-July Major Unlocks
On July 11, 2024, IO will unlock 2.11 million tokens. This amount corresponds to 2.22% of the market value of $ 220 million. Then, on July 12, 2024, Immutable (IMX) will unlock 32.47 million tokens, accounting for 2.15% of the $1.92 billion market cap.

Aptos (APT): High Profile Unlocking
On July 12, 2024, Aptos (APT) will unlock 11.31 million tokens. This amount corresponds to 2.49% of the market value of $ 2.66 billion. This major unlock is expected to lead to significant impacts on the market behavior of the token.

Forta (FORT) and Ethena (ENA): Unlock Events on July 14, 2024
Forta will unlock 50 thousand tokens (0.01% of the $62 million market cap), while Ethena will unlock 14.89 million tokens, which is 0.87% of the $722 million market cap.

Optimism (OP) and Starknet (STRK): Major Market Impact Unlocks
Finally, on July 15, 2024, Optimism will unlock 10 million tokens, which corresponds to 0.89% of the $1.63 billion market cap. On the same date, Starknet will unlock 64 million tokens, which will likely lead to significant market reactions.

PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.

My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.

THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.

Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.

So who will benefit?

Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.

I EXPLAIN IN DETAIL.

My brothers and sisters who have become a Binance member without reference, please listen carefully;

When you do what I say, you will receive 10 USDT.

Enter the Futures Section from your application,

On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,

My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.

The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.

So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.

However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.

Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.

WHEN WILL THE AWARD COME?

Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.

You can help your friends in need by sharing this post.

BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.