Mixed? More and more altcoins are being issued, which will lead to capital outflows from mainstream coins; at the same time, the issuance of new coins is volatile, which is relatively easier to create greater returns. Details are as follows 👇👇👇

May may be an important month for the crypto market, with the release of major tokens injecting a lot of liquidity and potentially changing the market landscape.

Major developments in projects such as AEVO and PYTH, as well as contributions from other projects, will bring more than $3 billion to the industry.

The release of many cryptocurrencies has laid the foundation for this. Token Unlock, a platform that tracks the release schedule of digital assets, said that May will usher in one of the largest influxes of tokens this year.

At least 20 crypto projects are preparing to release tokens worth more than $100 million, with a total value of $3.661 billion. These releases highlight the activity and continued growth of the crypto industry, even in volatile markets.

Among them, AEVO and PYTH have attracted much attention for their multi-billion-dollar injections, highlighting their market share and investor confidence.

Decentralized exchange AEVO plans to issue 827.6 million AEVO tokens on May 15, worth more than $1.25 billion at current valuations. This will increase AEVO's circulating supply by 757.95%.

PYTH Network, known for providing decentralized market data, plans to issue 2.13 billion tokens on May 20, worth about $1.21 billion, accounting for 141.67% of its existing circulating supply.

These changes are critical to projects and the wider market, affecting liquidity and potential price stability.

In addition to AEVO and PYTH, several other cryptocurrencies have been identified, such as DYDX, ENA, SUI, MEME, GAL, MAVIA, APT, STRK, ARB, APE, IMX, ROSE, PIXEL, and AVAX. They are also ready to be released in May, adding color to this month's token boom.

The altcoin market may see a surge. The period after Bitcoin halving usually leads to a market rebound for altcoins. The current market reflects past cycles, indicating an upcoming potential surge that could double the altcoin market value from the current approximately $1 trillion to $2 trillion.

Are there any new TOKENs that you are optimistic about above? Welcome to leave your comments 👇👇

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