Attention: There is a $340 Million Locked Token Opening in 6 Altcoins This Week!
This week, 17 altcoins will be unlocked with a total value of hundreds of millions of dollars.
According to Token Unlocks data, a total of over $334 million will be unlocked in 17 altcoin projects, including Sui (SUI) and Pendle (PENDLE), between April 29 and May 5.
In general, the release of more than 1% of the circulating supply of tokens during lock openings has a significantly negative impact on the price. In this regard, within the next week
Echelon Prime (PRIME), Sui (SUI), Manta Network (MANTA), dYdX (DYDX), GMT (GMT), Portal (PORTAL), ZetaChain (ZETA), Tornado Cash (TORN), Acala (ACA), Ethena ( Lock openings for ENA), Memecoin (MEME) and Heroes of Mavia (MAVIA) are important.
Attention MEME and MAVIA!
Especially the 5.6 billion lock openings worth 145 million dollars, which will take place in MEME, are among the things that need to be taken into consideration with the amount of supply in circulation of 33.68%. The lock opening in MAVIA with a value of 28 million dollars should be taken into consideration with a supply rate of 25.53%.
The cryptocurrencies that will be unlocked are as follows:
Echelon Prime (PRIME): 1.6 million assets worth $28 million will be unlocked as of April 30, 12:00 UTC. 4.43% of the circulating supply will be released.
Sui (SUI): 43 million assets worth $52 million will be unlocked over the next week. The unlocking process will begin on April 30 at 12:00 CEST. 3.37% of the circulating supply will be released.
Manta Network (MANTA): 3 million assets worth $5 million will be unlocked over the next week. Unlocking procedures will start as of May 1, 02.59. 1.23% of the circulating supply will be released.
dYdX (DYDX): 33 million assets worth $69 million will be unlocked at 1 May 01 ET.It will open as of 00.#Binance #btc #Bitcoin #web3 #Ethereum✅