Altcoins To Sell Now Based On Token Unlocks Ahead
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The cryptocurrency world braces for a significant price drop in certain altcoins due to upcoming token unlocks. These events increase supply, often driving prices down.
### Token Unlocks and Their Impact
Token unlocks release previously locked tokens into the market, creating downward price pressure. The altcoins facing this are:
- **io.net (IO):** Unlocking 8.27 million IO worth $26.79 million on July 1, 8.70% of the supply.
- **dydx (DYDX):** Unlocking 8.33 million DYDX worth $11.25 million on July 1, 3.12% of the supply.
- **Maverick Protocol (MAV):** Unlocking 39.87 million MAV worth $10.30 million on July 1, 15.95% of the supply.
- **Galxe (GAL):** Unlocking 3 million GAL worth $6.43 million on July 5, 2.60% of the supply.
- **Echelon Prime (PRIME):** Unlocking 750K PRIME worth $6.42 million on June 30, 1.83% of the supply.
- **ZetaChain (ZETA):** Unlocking 6.30 million ZETA worth $5.05 million on July 1, 2.29% of the supply.
- **Manta Network (MANTA):** Unlocking
