Top Crypto Unlocks This Week: Optimism (OP) and Altlayer (ALT) Joins the Top 7
Top 7 Token Unlocks to Watch
Investors should keep a close eye on the following token unlocks scheduled for this week:
Optimism (OP): $54.85 million worth of tokens to be unlocked
Altlayer (ALT): $17.35 million in tokens set for release
GateToken (GT): $15.13 million worth of tokens scheduled for unlock
Axelar (AXL): $14.19 million in tokens to enter circulation
Port Finance (PORT): $13.75 million worth of tokens to be unlocked
Worldcoin (WLD): $8.79 million in tokens set for release
Fetch.ai (FET): $7.39 million worth of tokens scheduled for unlock
New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!
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These unlocks represent a combined total of over $131 million worth of tokens potentially entering the market, which could lead to increased selling pressure and price volatility for the affected cryptocurrencies.
Token unlocks are a critical aspect of cryptocurrency tokenomics, often implemented as part of a project’s vesting schedule to gradually release tokens to team members, investors, or for ecosystem development.
While unlocks can sometimes lead to short-term price pressure, they are also seen as a natural part of a project’s maturation and can signify the progression of its roadmap.
DYOR