Next week, significant token unlocks will take place for 13 different crypto coins. This has the potential to create supply increases and price pressure in the markets. A total of $3.4 billion worth of unlocks are expected in October.

In the crypto universe, the unlocking of 13 coins is drawing attention among investors and it is thought that there will be a large increase in supply. Investors are taking a cautious stance against this development. Unlocking means that previously locked coins are released to the market, and this process can affect the supply-demand balance. The increase in supply can lead to a decrease in prices if demand remains constant, and market observers say that this can create serious selling pressure.

13 Featured Crypto Coins

The coins that will be unlocked include Sui, Optimism, Immutable, ZetaChain, dydx, Maverick Protocol, Cardano ($0.402070), Ethena, Galxe, Manta Network, Liquity, 1inch, and Forta. The unlock amount and percentage for each of these coins vary; for example, 68.79 million coins will be unlocked for SUI, and 31.34 million coins will be unlocked for Optimism.

Total Unlocks and Market Expectations

According to the Token Unlocks app, a total of $3.4 billion worth of cryptocurrencies will be released in October. Major projects such as Celestia, Worldcoin, and Solana will also be launching large amounts of tokens. This could negatively impact overall market sentiment.

According to data shared by Token Unlocks App, apart from the 13 coins mentioned above, Celestia, Worldcoin, and Solana are also expected to open significant amounts of tokens. These developments are likely to create general selling pressure in the markets. Investors are advised to monitor such events carefully.

Token unlocks pose both risks and opportunities for investors. While an increase in supply can cause prices to drop, this can also provide buying opportunities. However, it is useful to be careful during this period when market volatility is high.