Millions of Dollars Will Be Unlocked in 7 Altcoins This Week

A total of tens of millions of dollars worth of locks will be opened in 7 altcoins this week.

According to Token Unlocks data, a total of approximately $13 million will be unlocked in 7 altcoin projects, including LQTY (LQTY), Galxe (GAL) and Pendle (PENDLE), between June 3 and June 9.

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, the lock openings of Galxe (GAL) and Hashflow (HFT) in the coming week are important.

5) Hashflow (HFT) will unlock 13.62 million assets worth $4.01 million as of June 7, 15.00 (UTC). 3.36% of the circulating supply will be released.

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