- Over $253 million in tokens will be unlocked in 7 days.
- ALT and VENOM among tokens with over $5M unlocks.
- Daily unlocks include SOL, DOGE, AVAX, and more.
This week, the crypto market is preparing for a wave of token unlocks valued at more than $253 million, as reported by Tokenomist. Token unlocks refer to the release of previously restricted tokens, often from vesting schedules of early investors, teams, or project treasuries. These events can impact token prices due to increased supply and potential selling pressure.
Among the notable unlocks, ALT and VENOM stand out, each scheduled to release over $5 million worth of tokens in a single event within the next seven days. These large unlocks may attract attention from investors and traders watching for price fluctuations.
Daily Unlocks from Top Tokens
In addition to these major one-time events, several high-profile tokens are undergoing linear unlocks, which means tokens are released daily over a period of time. The daily unlock value for these tokens exceeds $1 million, contributing significantly to market liquidity.
Key tokens involved in daily linear unlocks include:
- SOL (Solana)
- DOGE (Dogecoin)
- AVAX (Avalanche)
- WLD (Worldcoin)
- TIA, OM, TAO, SUI, JTO, NEAR, DOT, IP, FIL
Investors should keep an eye on these unlocks as they may influence short-term price action, especially in a volatile market. Increased token supply can lead to downward price pressure, though it also depends on broader market conditions and investor sentiment.
What This Means for Investors
While token unlocks are a regular occurrence in the crypto ecosystem, the scale of this week’s unlocks is notable. The $253 million value suggests significant activity and potential volatility. Investors may consider monitoring these events closely to anticipate possible price changes and market trends.
