A series of tokens worth over 1.14 billion USD will be unlocked next week: JTO, NEON, SOL, WLD, and TIA lead
Next week, the crypto market is expected to witness a series of significant token unlock events with a total value of up to 1.14 billion USD. Some notable tokens in this unlock event include JTO, NEON, SOL, WLD, and TIA.
Specifically, JTO will unlock approximately 137.44 million tokens, equivalent to 507.14 million USD, marking an important event as this value exceeds its total circulating supply. NEON will unlock 53.91 million tokens worth 24.01 million USD, which is also significant with 44.92% of its circulating supply. Meanwhile, SOL is expected to release 524.03 million tokens worth 123.34 million USD, while WLD and TIA will unlock 37.23 million tokens (124.71 million USD) and 6.99 million tokens (55.42 million USD), respectively.
Selling pressure may occur particularly with JTO and NEON due to the high unlock rate compared to the circulating supply, prompting investors and traders to closely monitor these developments.