According to token Unlocks data, there will be a total lock of over $334 million in 8 altcoin projects, including Optimism ($OP ) and Pendle ($PENDLE ), between April 25-1.
The release of more than 1% of the tokens in circulation in general in key openings is significantly negatively reflected in the price. In this direction, key openings in Yield Guild Games (YGG), Echelon Prime (PRIME), Manta Network (MANTA), dYdX (DYDX), ZetaChain (ZETA) and OP special are important next week.
🚨Attention to YGG and PRIME!
Especially in $PRIME, 1.66 million lock openings with a value of 40 million dollars take the lead with the amount of supply in circulation of 4.65%. The key opening, which has a value of 16 million dollars to be experienced in $YGG , should be considered with a supply rate of 5.39%.
The cryptocurrencies that will be unlocked are as follows:
Pendle (PENDLE): 295 thousand assets worth $1 million will be unlocked over the next week. Lock opening transactions will start as of March 27, 03.00 CEST. 0.30% of the circulating supply will be released.
Yield Guild Games (YGG): 16.6 million assets worth $16.6 million will be unlocked as of March 27 at 05.00 CEST. 5.39% of the circulating supply will be released.
SingularityNET (AGIX): 8.8 million assets worth $9.8 million will be unlocked as of March 28 at 03.00 CEST. 0.69% of the circulating supply will be released.
Euler (EUL): 117 thousand assets worth $684k will be unlocked over the next week. Key opening transactions will start as of March 28, 03.30 CEST. 0.63% of the circulating supply will be released.
Optimism (OP): 26.4 million assets worth $100 million will be unlocked over the next week. Lock opening transactions will start as of March 29, 07.00 CT. 2.63% of the circulating supply will be released.
Echelon Prime (PRIME): 1.6 million assets worth $40 million will be unlocked as of March 31 at 03.00 CEST. 4.65% of the circulating supply will be released.
Sui (SUI): 9.67 million assets worth $16.4 million will be unlocked over the next week. Lock opening transactions will start as of March 31 at 03.00 CEST. 0.79% of the circulating supply will be released.
1inch (1INCH): 15 thousand assets worth 9 thousand dollars will be unlocked as of March 31 at 11:00 CEST. 0.01% of the circulating supply will be released.
Manta Network (MANTA): 3 million assets worth $9 million will be unlocked over the next week. Key opening transactions will start as of April 1, 02.59 CT. 1.23% of the circulating supply will be released.
dYdX (DYDX): 33 million assets worth $114 million will be unlocked as of April 1 at 03.00 CEST. 11.35% of the circulating supply will be released.
Stepn (GMT): 22.5 million assets worth $7 million will be unlocked over the next week. Lock opening procedures will start as of April 1, 03.00 CEST. 1.22% of the circulating supply will be released.
Yearn.finance (YFI): 1.19 assets worth $10,000 will be unlocked over the next week. Lock opening procedures will start as of April 1, 03.00 CEST. 0.01% of the circulating supply will be released.
Akash Network (ECT): 532 thousand assets worth $3 million will be unlocked over the next week. Lock opening procedures will start as of April 1, 03.00 CEST. 0.23% of circulating supply will be released.
ZetaChain (ZETA): 3 million assets worth $13 million will be unlocked over the next week. Lock opening procedures will start as of April 1, 03.00 CEST. 2.66% of the circulating supply will be released.
Tornado Cash (TORN): 91 thousand assets worth 273 thousand dollars will be unlocked as of April 1, 06.30 CEST. 2.41% of the circulating supply will be released.