3 cryptocurrencies to avoid this week amid $150 million in token unlocks

Three cryptocurrencies will unlock over $150 million in tokens this week, which cryptocurrency traders should avoid having substantial exposure to. These unlocks have the potential to flood the market, leading to increased selling pressure and significant price fluctuations.

On June 15, Finbold retrieved data from the TokenUnlocks.app, which shows $181.35 million in the seven-day cliff unlocks. Notably, this week’s three leading protocols will release $149.48 million in tokens, accounting for 82% of the total. Nine projects make up the “next seven days cliff unlocks.”