Major Token Unlocks Expected Next Week, Totaling Around $400 Million
Based on the previous analysis these coins will go up to attract the user and it is time to buy these coin and we can sell later once it goes up.
According to PANews, data from Token Unlocks indicates that next week will see a significant one-time unlocking of tokens such as MEME, OP, DYDX, and ENA, with a total release value of approximately $400 million.
Optimism (OP) is set to unlock about 24.16 million tokens, representing 2.31% of the circulating supply, valued at approximately $56 million, at noon on April 29 Beijing time. Sui (SUI) will unlock about 4 million tokens, accounting for 0.31% of the circulating supply, valued at approximately $4.68 million, at 8 a.m. on April 30 Beijing time.
Echelon Prime (PRIME) will unlock about 1.66 million tokens, representing 4.43% of the circulating supply, valued at approximately $30 million, at 8 a.m. on April 30 Beijing time. dydx (DYDX) will unlock about 33.33 million tokens, accounting for 10.72% of the circulating supply, valued at approximately $71 million, at 8 a.m. on May 1 Beijing time.
ZetaChain (ZETA) will unlock about 5.29 million tokens, representing 2.24% of the circulating supply, valued at approximately $6.2 million, at 8 a.m. on May 1 Beijing time. Manta Network (MANTA) will unlock about 1.87 million tokens, accounting for 0.75% of the circulating supply, valued at approximately $3.25 million, at 7:59 a.m. on May 1 Beijing time.
Acala (ACA) will unlock about 27.43 million tokens, representing 2.85% of the circulating supply, valued at approximately $3 million, at 3 p.m. on May 1 Beijing time. Tornado Cash (TORN) will unlock about 91,000 tokens, accounting for 2.41% of the circulating supply, valued at approximately $250,000, at 11:30 a.m. on May 1 Beijing time.