Major tokens are being unlocked, Here is the full List of Altcoins to be Unlockedđ€Żđ„đ
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According to the insights streamlined by the Token Unlocks App, seven âcliff unlocksâ will happen in the coming seven days, releasing $237.46 million worth of cryptos into the market. The altcoins that stand to bore the brunt include:
Aptos ($APT )
Aptos (#APT ) will experience a token unlock of 11.31 million APT coins, worth $96.36 million, on June 12. This totals 2.58% of the coinâs circulating supply.
APTâs price already slipped 8% to $8.39 over the past day. The token could further witness bearishness as supply increases with such unlocks.
Starknet ($STRK )
Starknet (#STRK ) stands firm to face the unlock of 64 million STRK coins, worth $76.16 million, on June 15. The amount was evaluated to be 4.92% of the total circulating supply.
Meanwhile, STRK price slipped 11.21% to $1.17 today, making it a bearish coin to trade this week.
Immutable ($IMX )
Immutable (#IMX ) is to witness a token unlock of 25.53 million coins, worth $53.36 million, on June 14. This totals to be 1.72% of the coinâs circulating supply.
IMX fell 7.83% over the past day to $2.05, whereas further supply gains might push the price further down.
CYBER will experience a token unlock of 886.12K tokens, worth $7.47 million, on June 14. This equals 3.96% of the cryptoâs circulating supply.
Even CYBERâs price tumbled 7.04% to $8.45 in the past 24 hours.
dydx (#DYDX )
Another altcoin on the list, DYDX, will witness the unlocking of 1.55 million coins, worth $2.94 million, on June 11. This is equivalent to 0.55% of the circulating supply.
DYDX price plunged 11.39% from yesterday to $1.90.
