Upcoming Token Unlock Events and LOOKS Token Unlock Analysis

One of the data that investors closely follow in the cryptocurrency market is token unlock events. According to Token Unlocks platform, in the next seven days, token unlocks worth $674.92 million will take place. Tomorrow, LooksRare, a local NFT marketplace operating in the Ethereum ecosystem, will have its token unlock event, which should be closely monitored.

Final Hours for LooksRare

According to the data provided by Token Unlocks, which shares token unlock events with its users, token unlocks worth $674.92 million will take place next week, making them the largest token unlock events of recent times. Among these token unlocks is LOOKS, the native token of LooksRare, an important NFT marketplace in the Ethereum ecosystem.

The event, which will take place tomorrow (November 27) at 02:00, corresponds to 6.88% of the total supply of LOOKS tokens, with a market value of $4.59 million. As the event approaches, investors are eagerly following the process, and at the time of writing, LOOKS token was trading at $0.1140. The LOOKS token unlock event will be one of the most notable token unlock events in the coming days.