This week, a total of hundreds of millions of dollars’ worth of unlocks will take place in 8 altcoins.
According to Token Unlocks, between 25-1 April, a total of 334 million dollars worth of unlocks will occur in 8 altcoin projects, including Optimism (OP) and Pendle (PENDLE).
Unlocking tokens by more than %1 of circulating supply generally has a significantly negative impact on the price. In this context, the unlocking in the next week for Yield Guild Games (YGG), Echelon Prime (PRIME), Manta Network (MANTA), dYdX (DYDX), ZetaChain (ZETA), and OP is important.
Watch Out for YGG and PRIME!
Especially, the 40 million dollars worth of unlock with 1.66 million tokens in PRIME is among the ones to be considered with %4.65 of the circulating supply. The 16 million dollars worth of unlock in YGG should be considered with %5.39 of the supply.
The cryptocurrencies that will have unlock are as follows:
Pendle (PENDLE): The lock of 295 thousand tokens worth 1 million dollars will be unlocked next week. The unlocking process will start at 03:00 a.m. UTC on March 27th. %0.30 of circulating supply will be unlocked.
Yield Guild Games (YGG): The lock of 16.6 million dollars worth of 16.6 million tokens will be unlocked at 05:00 a.m. UTC on March 27th. %5.39 of circulating supply will be unlocked.
SingularityNET (AGIX): 9.8 million dollars worth of 8.8 million tokens will be unlocked at 03:00 a.m. UTC on March 28th. %0.69 of circulating supply will be unlocked.
Euler (EUL): The lock of 117 thousand tokens worth 684 thousand dollars will be unlocked next week. The unlocking process will start at 03:30 a.m. UTC on March 28th. %0.63 of circulating supply will be unlocked.
Optimism (OP): The lock of 26.4 million tokens worth 100 million dollars will be unlocked next week. The unlocking process will start at 07:00 a.m. UTC on March 29th. %2.63 of circulating supply will be unlocked.
Echelon Prime (PRIME) 40 million dollars worth of 1.6 million tokens will be unlocked at 03:00 a.m. UTC on March 31st. %4.65 of the circulating supply will be unlocked.
Sui (SUI): The lock of 9.67 million tokens worth 16.4 million dollars will be unlocked next week. The unlocking process will start at 03:00 a.m. UTC on March 31st. %0.79 of circulating supply will be unlocked.
1inch (1INCH): The lock of 15 thousand tokens worth 9 thousand dollars will be unlocked at 11:00 a.m. UTC on March 31st. %0.01 of circulating supply will be unlocked.
Manta Network (MANTA): The lock of 3 million tokens worth 9 million dollars will be unlocked next week. The unlocking process will start at 02:59 a.m. UTC on April 1st. %1.23 of circulating supply will be unlocked.
dYdX (DYDX): The lock of 33 million tokens worth 114 million dollars will be unlocked at 03:00 a.m. UTC on April 1st. %11.35 of circulating supply will be unlocked.
Stepn (GMT): The lock of 22.5 million tokens worth 7 million dollars will be unlocked next week. The unlocking process will start at 03:00 a.m. UTC on April 1st. %1.22 of circulating supply will be unlocked.
yearn.finance (YFI): The lock of 1.19 tokens worth 10 thousand dollars will be unlocked next week. The unlocking process will start at 03:00 a.m. UTC on April 1st. %0.01 of circulating supply will be unlocked.
Akash Network (AKT): The lock of 532 thousand tokens worth 3 million dollars will be unlocked next week. The unlocking process will start at 03:00 a.m. UTC on April 1st. %0.23 of circulating supply will be unlocked.
ZetaChain (ZETA): The lock of 3 million tokens worth 13 million dollars will be unlocked next week. The unlocking process will start at 03:00 a.m. UTC on April 1st. %2.66 of circulating supply will be unlocked.
Tornado Cash (TORN): The lock of 91 thousand tokens worth 273 thousand dollars will be unlocked at 06:30 a.m. UTC on April 1st. %2.41 of circulating supply will be unlocked.
