Here are the details on the tokens set to unlock in the coming week, including the number of unlocks, impact on supply, and current market capitalization of each token:
DOT (Polkadot)
Unlocked value: 2.9 million USDSupply increase: 0.03%Market capitalization: 9.9 billion USD
OP (Optimism)
Unlocked value: 79.6 million USD Supply increase: 2.8% Market capitalization: 2.7 billion USD
AGIX (SingularityNET)
Unlocked value: 8 million USDSupply increase: 0.7%Market capitalization: 1.2 billion USD
PRIME
Unlocked value: 27.2 million USDSupply increase: 4.2%Market capitalization: 644 million USD
YGG (Yield Guild Games)
Unlocked value: 15.03 million USD Supply increase: 4.5% Market capitalization: 335 million USD
NYM
Unlocked value: 4 million USDSupply increase: 3.2%Market capitalization: 122 million USD
ALT
Unlocked value: 37 million USD Supply increase: 7.7% Market capitalization: 478 million USD
Potential Impact:
DOT: With a supply increase of only 0.03%, the price impact of DOT is likely to be negligible.
OP: Increasing supply to 2.8% could put selling pressure on OP's price.
AGIX: A 0.7% increase in supply may have a slight impact on the price of AGIX.
PRIME: A 4.2% increase in supply could put significant pressure on PRIME's price.
YGG: A 4.5% increase in supply could cause significant selling pressure.
NYM: With a supply increase of 3.2%, NYM may face certain selling pressure.
ALT: A 7.7% increase in supply could cause massive selling pressure on the price of ALT.
Investors should closely monitor these unlocks as they can affect the price of tokens in the market.
