🚨Notice: Significant Token Unlock Events in 9 Altcoins This Week🚨

This week, nine altcoin projects will witness the release of tokens worth tens of millions of dollars. According to Token Unlocks data, over $48.62 million will be unlocked across these projects, including IO, GAL, and ENA, between July 1 and July 7.

Key Unlock Events for IO and GAL

One notable event is the unlocking of 7.5 million IO tokens valued at $27.8 million. This release represents 7.88% of IO's circulating supply, a figure that demands attention. Historically, releasing more than 1% of a token's circulating supply can negatively impact its price. Consequently, the token unlocks for GAL and HTF this week are also critical to monitor.

Scheduled Unlocks

Here are the details of the altcoin token unlocks for the week:

- IO.NET (IO): 7.5 million tokens valued at $27.8 million will be unlocked on July 1 at 16:00 ET, releasing 7.88% of the circulating supply.

- Pendle (PENDLE): 205,000 tokens worth $1.4 million will be unlocked starting July 3 at 03:00 GMT, releasing 0.16% of the circulating supply.

- MultiversX (EGLD): 24,000 tokens valued at $628,000 will be unlocked starting July 4 at 03:00 GMT, releasing 0.08% of the circulating supply.

- Euler (EUL): 57,000 tokens worth $235,000 will be unlocked on July 4 at 23:00 ET, releasing 0.44% of the circulating supply.

- Liquity (LQTY): 657,000 tokens valued at $782,000 will be unlocked on July 5 at 03:00 CET, releasing 0.72% of the circulating supply.

- Galxe (GAL): 2.03 million tokens worth $7.48 million will be unlocked on July 5 at 03:00 UTC, releasing 2.6% of the circulating supply.

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