This week, several notable $ALT
coins are scheduled for significant token unlocks, which could influence their market dynamics. Bittensor (TAO) will unlock 216,388.85 TAO on December 21, representing 1.03% of its total supply, valued at approximately $116.61 million at current prices. SpaceID (ID), a Web3 platform on the BNB Chain, will release 78.49 million IDs (3.92% of its supply) on December 21, worth around $40 million. Meanwhile, Pixels (PIXEL), a game project, will unlock 53.55 million PIXELs on December 18, corresponding to 1.07% of its supply, valued at $12 million. AltLayer (ALT), focused on restaking and rollup technologies, will unlock 195.29 million ALT on December 24, or 1.95% of its total supply, worth $31.45 million. Finally, Polyhedra Network (ZKJ), which develops advanced ZK technology in the Web3 space, will unlock 15.5 million ZKJ on December 18, equating to 1.55% of its supply, valued at approximately $30.78 million. These unlock events are expected to have notable effects on market sentiment and token prices.