Which cryptocurrencies will unlock tokens and when?
1. Arbitration (ARB) – October 16, 21:00 (UTC+8)
- 92.65 million tokens will be unlocked, representing 2.56% of the circulating supply, worth approximately $49.4 million. This unlocking could influence the stability of the ARB token, one of the most important projects in the world of Ethereum rollups.
2. Axie Infinity (AXS) – October 14, 21:10 (UTC+8)
- 9.25 million tokens (6.08% of the circulating supply) will be released, worth around $43.1 million. Axie Infinity, known for being a pioneer in NFT-based gaming, could experience significant price fluctuations following this release.
3. Eigenlayer (EIGEN) – October 16, 03:00 (UTC+8)
- 11.22 million tokens, representing 6.01% of the supply, will be unlocked, with an estimated value of $43.9 million. This innovative platform in staking infrastructure could attract the attention of new investors.
4. Starknet (STRK) – October 15, 08:00 (UTC+8)
- Starknet will unlock 64 million tokens (3.30% of its supply), valued at $26 million. As one of the key players in Ethereum scalability, this move could influence Starknet's trust and adoption.
5. Taiko (TAIKO) – October 14, 08:00 (UTC+8)
- 12 million tokens will be released, representing an impressive 14.99% of the circulating supply, worth close to $18.7 million. TAIKO, which focuses on rollup technology, may experience short-term volatility.
6. ApeCoin (APE) – October 17, 20:30 (UTC+8)
- 15.6 million tokens (2.31% of the circulating supply) will be unlocked, worth approximately $11.2 million. This event will be key for followers of the Bored Ape Yacht Club ecosystem, which continues to set trends in the NFT space.
7. Pixels (PIXEL) – October 19, 18:00 (UTC+8)
- A significant unlocking of 54.38 million tokens, 7.05% of the supply, valued at $7.2 million. This gaming and metaverse project could see a surge in market activity and attention.
8. Cardano (ADA) – October 17, 08:00 (UTC+8)
- 18.53 million tokens, representing just 0.05% of the supply, will be unlocked, worth $6.5 million. Although this unlocking is small in proportion, Cardano is still one of the most influential blockchains and this move could attract speculation.
9. Echelon Prime (PRIME) – October 17, 08:00 (UTC+8)
- 750,000 tokens (1.57% of the circulating supply) will be released, worth $6.1 million. Followers of the Echelon ecosystem will be keeping an eye on market movements following this release.
10. Ethena (ENA) – October 16, 15:00 (UTC+8)
- 12.86 million tokens (0.47% of the supply) will be unlocked, with an estimated value of $4.4 million. This event could provide investment opportunities in the growing decentralized oracle sector.
11. Render (RENDER) – October 14, 08:00 (UTC+8)
- An unlock of 490,000 tokens (0.13% of the supply), valued at $2.7 million. Render remains one of the most innovative projects in decentralized rendering and its community is eagerly awaiting this move.
12. CYBER (CYBER) – October 14, 16:00 (UTC+8)
- 890,000 tokens (3.81% of the supply) will be unlocked, worth $2.6 million. A project focused on digital privacy, CYBER could gain traction in an increasingly security-conscious market.
13. Astar (ASTR) – October 17, 08:00 (UTC+8)
- An unlocking of 9.72 million tokens (0.13% of the circulating supply), worth $580,000. This event could have a modest but significant impact on the Astar market.
14. Nym (NYM) – 15 October, 08:00 (UTC+8)
- 2.73 million tokens will be unlocked, representing 0.34% of the circulating supply, worth $200,000. Nym, a privacy platform on the network, could generate renewed interest with this move.
🌍 What does this mean for the market?
It should be noted that token releases tend to increase the circulating supply, which can lead to short-term volatility. Some investors might use these opportunities to sell, while others will see these releases as an opportunity to enter projects with solid fundamentals at lower prices. These events are key to the supply and demand dynamics and could bring both challenges and opportunities for us traders.
