- The cryptocurrency market is preparing for significant token unlocking in 25 different altcoins this week.
- Bitcoin price partially recovered after falling below $57,000, influenced by data from the US.
- Large-scale token unlocking last week contributed to significant declines in altcoins following BTC’s drop.
In the upcoming week, the crypto market is set to witness substantial token unlocking in 25 different altcoins. This follows a partial recovery of Bitcoin’s price after a drop below $57,000. The impact of these unlockings on the market remains to be seen.
Token Unlocking Schedule
Here is the token unlocking schedule we have prepared for you at CoinOtag:
AltLayer (ALT)
Market Value: $410.63 billion
Token Amount to be Unlocked: $1.29 million (0.31% of Market Value)
Date: May 6, 2024, 09:00
Heroes of Mavia (MAVIA)
Market Value: $116.58 million
Token Amount to be Unlocked: $29.75 million (25.53% of Market Value)
Date: May 6, 2024, 15:00
Sei (SEI)
Market Value: $1.01 billion
Token Amount to be Unlocked: $1.31 million (0.13% of Market Value)
Date: May 6, 2024, 18:00
Automata (ATA)
Market Value: $95.99 million
Token Amount to be Unlocked: $8.86 million (9.15% of Market Value)
Date: May 7, 2024, 03:00
Boson Protocol (BOSON)
Market Value: $71.91 million
Token Amount to be Unlocked: $1.40 million (1.94% of Market Value)
Date: May 7, 2024, 03:00
WiFi Map (WIFI)
Market Value: $26.42 million
Token Amount to be Unlocked: $2.83 million (10.75% of Market Value)
Date: May 7, 2024, 03:00
Hashflow (HFT)
Market Value: $130.30 million
Token Amount to be Unlocked: $4.40 million (3.38% of Market Value)
Date: May 7, 2024, 13:00
KAP Games (KAP)
Market Value: $18.78 million
Token Amount to be Unlocked: $7.23 million (38.18% of Market Value)
Date: May 8, 2024, 03:00
Port3 Network (PORT3)
Market Value: $3.95 million
Token Amount to be Unlocked: $1.48 million (37.50% of Market Value)
Date: May 8, 2024, 09:00
DAO Maker (DAO)
Market Value: $134.74 million
Token Amount to be Unlocked: $13.26 million (9.84% of Market Value)
Date: May 9, 2024, 03:00
GMT
Market Value: $439.41 million
Token Amount to be Unlocked: $19.98 million (4.54% of Market Value)
Date: May 9, 2024, 07:00
Cetus Protocol (CETUS)
Market Value: $29.85 million
Token Amount to be Unlocked: $2.23 million (7.44% of Market Value)
Date: May 10, 2024, 03:00
Cheelee (CHEEL)
Market Value: $836.64 million
Token Amount to be Unlocked: $364.35 million (43.53% of Market Value)
Date: May 10, 2024, 12:00
ChainGPT (CGPT)
Market Value: $118.22 million
Token Amount to be Unlocked: $6.21 million (5.28% of Market Value)
Date: May 10, 2024, 18:00
Internet Computer (ICP)
Market Value: $6.04 billion
Token Amount to be Unlocked: $31.56 million (0.52% of Market Value)
Date: May 11, 2024, 03:00
Conclusion
As the crypto market prepares for significant token unlocking in various altcoins, investors and traders should keep a close eye on market movements. The impact of these unlockings on the market, especially on the prices of the respective altcoins, remains to be seen. It’s important to note that this information is not investment advice.
