$161M in Token Unlocks This Week Led by TON
Over $161M in tokens to be unlocked this week, with TON unlocking $66.95M on November 22nd.
- $161M in total token unlocks expected this week.
- TON will unlock the largest share at $66.95M.
- Investors watching closely for potential price impact.
The crypto market is bracing for a significant wave of token unlocks this week, with a combined value of over $161 million, according to DeFiLlama. Token unlocks are scheduled events that release previously locked tokens into circulation, often affecting supply and potentially impacting prices.
TON Leads with $66.95M Unlock
Topping the list is Toncoin (TON), which is set to unlock $66.95 million worth of tokens on November 22nd. This is the largest single unlock of the week and could influence TON’s price volatility, especially if a large portion of the tokens enter the market. TON has been gaining attention as the native token of The Open Network, originally developed by Telegram.
Market Sentiment and Impact
Token unlocks are closely monitored by traders and investors. A large unlock can lead to selling pressure if recipients decide to liquidate their holdings. However, not all unlocks result in immediate market impact, especially if tokens are allocated to team members, investors under vesting schedules, or community initiatives.
Besides TON, several other projects are also unlocking tokens this week, but none match TON’s scale. These events are reminders of how tokenomics play a key role in shaping the crypto market’s short-term movements.
As always, it’s important for investors to track these unlock schedules to stay ahead of potential market shifts.
