$500M Token Unlocks Across 20 Altcoins – Major Market Shifts Ahead
This week, the crypto market is set to witness a wave of token unlocks worth nearly $500 million across 20 different altcoins, potentially influencing prices and liquidity. Token unlocks are a crucial factor for investors, as they directly impact circulating supply and price stability. Notably, projects like Solana, Arbitrum, AXS, and EigenLayer will experience significant unlock events, with some tokens entering circulation all at once, while others will be released gradually.
Token distribution plays a pivotal role in maintaining market balance. The more tokens that transition from large holders (whales) to the broader community, the less vulnerable the market becomes to manipulation. As a result, token unlocks are closely monitored, as they indicate how well the power and supply are distributed across the network.
---
Key Token Unlock Events – $215M in a Single Week
Some projects will release their tokens all at once, while others follow a staggered pattern. Here’s a breakdown of the most significant unlocks happening this week:
TAKO:
Date: October 14
Tokens Unlocked: 12 million
Value: $18.2 million (15% of circulating supply)
Axie Infinity (AXS):
Date: October 14
Tokens Unlocked: 9.25 million
Value: $41.5 million (6.08% of supply)
Starknet:
Date: October 15
Tokens Unlocked: 64 million
Value: $25 million (3.3% of supply)
EigenLayer:
Date: October 15
Tokens Unlocked: 11.22 million
Value: $41.4 million (6% of supply)
Arbitrum (ARB):
Date: October 16
Tokens Unlocked: 92.65 million
Value: $49 million (2.5% of supply)
Ethena:
Date: October 16
Tokens Unlocked: 12.86 million
Value: $3.5 million (0.47% of supply)
PRIME:
Date: October 17
Tokens Unlocked: 750,000
Value: $5.86 million (1.5% of supply)
Cardano (ADA):
Date: October 17
Tokens Unlocked: 18.5 million
Value: $6.3 million (0.05% of supply)
Bored Ape (APE):
Date: October 17
Tokens Unlocked: 15 million
Value: $11 million (2.3% of supply)
Date: October 19
Tokens Unlocked: 54.38 million
Value: $6.8 million (7.6% of supply)
---
Ongoing Gradual Token Releases
Several projects follow a structured token release schedule, spreading tokens over time to prevent market shocks. Key unlocks happening this week include:
Worldcoin:
Daily Release: 37.2 million tokens (worth $86 million), increasing supply by 7%.
Solana (SOL):
Weekly Unlock: 524,000 SOL tokens worth $80 million.
Bittensor (TAO):
Unlock Value: $32 million, representing 0.68% of the total supply.
Avalanche (AVAX):
Tokens Unlocked: 700,000
Value: $20 million (0.17% of supply)
SEI:
Tokens Released: 35 million
Value: $17 million (1% of supply)
NEAR Protocol:
Tokens Released: 2.97 million
Value: $14 million (0.24% of supply)
Polkadot (DOT):
Tokens Released: 2.81 million
Value: $12 million (0.2% of supply)
Dogecoin (DOGE):
Unlock Value: $11 million
Supply Increase: 0.06%
SUI:
Tokens Unlocked: 4.59 million
Value: $10.2 million (0.17% of supply)
Filecoin (FIL):
Tokens Released: 2.2 million
Value: $8 million (0.38% of supply)
BEAM:
Tokens Unlocked: Worth $7.8 million
Supply Increase: 0.96%
Arkham (ARKM):
Unlock Value: $7 million
Supply Growth: Ongoing
---
What to Watch For
With large unlock events this week, traders should keep a close eye on market reactions. Token unlocks can create price volatility, as some investors might cash out their holdings, while others see it as an opportunity to accumulate. Gradual token releases tend to stabilize markets, whereas mass unlocks may introduce short-term turbulence.
Understanding these unlock schedules helps investors anticipate market movements and make informed decisions. Keep track of these events and stay ahead of the curve as these tokens begin entering circulation.
#altcoins #binance #MemeCoinTrending #BTCUptober #DoYouHoldBNB #NeiroOnBinance
