🔐 Top 7 token unlocks for the coming week.
⏺Aptos $APT - $102.91M
⏺Internet Computer $ICP - $43.02M
⏺Karate Combat $KARATE - $29.66M
⏺Masa $MASA - $27.80M
⏺GMT $GMT - $23.68M
⏺DAO Maker $DAO - $13.25M
⏺Oasys $OAS - $10.17M
🤓Major token unlocks can have an impact on the token price and the project's market capitalization. Firstly, if a large number of tokens are unlocked and released into the market, this could lead to oversupply, which could cause the price of the token to decrease due to decreased demand.
🏃This may cause panic among investors and lead to an additional decrease in price.😱
🚀On the other hand, large token unlocks can also lead to increased interest in the project and increased market activity, which can lead to an increase in the price of the token.
🥂Investors may start buying tokens in anticipation of increased demand and higher prices.
🧐In general, the impact of large token unlocks depends on many factors, such as the current market situation, investor confidence in the project and its prospects, as well as the project itself and its potential.