Notice: Significant Token Unlock Events in 9 Altcoins This Week!

This week, nine altcoin projects will see the release of tokens worth tens of millions of dollars. According to Token Unlocks data, over $48.62 million will be unlocked across these projects, including IO, GAL, and ENA, between July 1 and July 7.

# Key Unlock Events for IO and GAL

A notable event is the unlocking of 7.5 million IO tokens valued at $27.8 million. This release represents 7.88% of IO's circulating supply, a figure that demands attention. Historically, releasing more than 1% of a token's circulating supply can negatively impact its price. Consequently, the token unlocks for GAL and HTF this week are also critical to monitor.

# Scheduled UnlocksHere are the details of the altcoin token unlocks for the week:-

$IO .NET (IO): 7.5 million tokens valued at $27.8 million will be unlocked on July 1 at 16:00 ET, releasing 7.88% of the circulating supply.

-Pendle ($PENDLE ): 205,000 tokens worth $1.4 million will be unlocked starting July 3 at 03:00 GMT, releasing 0.16% of the circulating supply.

- MultiversX ($EGLD ): 24,000 tokens valued at $628,000 will be unlocked starting July 4 at 03:00 GMT, releasing 0.08% of the circulating supply.

- Euler (EUL): 57,000 tokens worth $235,000 will be unlocked on July 4 at 23:00 ET, releasing 0.44% of the circulating supply.

- Liquity (LQTY): 657,000 tokens valued at $782,000 will be unlocked on July 5 at 03:00 CET, releasing 0.72% of the circulating supply.

- Galxe (GAL):2.03 million tokens worth $7.48 million will be unlocked on July 5 at 03:00 UTC, releasing 2.6% of the circulating supply.

Stay tuned for further updates and information.

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