Attention: Massive Token Unlocking in 35 Altcoins This Week! Detailed Daily Schedule Included

  • The cryptocurrency market, after closing last week with losses, will see a significant number of altcoin tokens unlocking in the new week.
  • Several altcoins, including Ethereum, Dogecoin, XRP, Solana, led by Bitcoin, have experienced declines in the past seven days.
  • However, the new week will see a significant number of tokens unlocking in several altcoins.

Get a detailed overview of the upcoming token unlockings in the crypto market. Understand the potential impact on the market value of various altcoins.

Token Unlocking: What to Expect

Token unlocking refers to the process where tokens that were previously locked are released into the market. This usually happens according to a predetermined schedule set at the time of a project’s launch. The impact on the market value of the altcoin depends on the number of tokens being unlocked and the current market conditions. Here’s a look at some of the altcoins with significant token unlockings in the new week.

Games for a Living (GFAL)

With a market value of 47.10 million dollars, GFAL is set to unlock tokens worth 4.79 million dollars, representing 10.22% of its market value. The unlocking is scheduled for May 13, 2024, at 03:00.

DappRadar (RADAR)

RADAR, with a market value of 7.19 million dollars, will unlock tokens worth 1.49 million dollars, which is 20.73% of its market value. The unlocking is scheduled for May 13, 2024, at 08:00.

AltLayer (ALT)

ALT, with a market value of 357.06 million dollars, will unlock tokens worth 1.12 million dollars, which is 0.31% of its market value. The unlocking is scheduled for May 13, 2024, at 09:00.

Conclusion

Token unlocking is a significant event for any cryptocurrency. It can lead to increased volatility in the price of the altcoin as more tokens become available in the market. Investors and traders should keep an eye on these events and plan their strategies accordingly.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.
spot_imgspot_imgspot_imgspot_img

Latest News

Bitcoin (BTC) Surges to Record $70,000 Milestone After Prolonged Battle

Bitcoin has recently broken through the significant...

Ethereum (ETH) Poised for $4.5K Surge Ahead of ETF Launch: Market Analysts Predict Bullish Trend

Ethereum’s price nears $4,000, influenced by optimism...

Nifty 50 (NSEI) & Sensex (BSESN) Hit Record Highs Before Closing Flat: Key Market Insights

<ul> <li>Indian stock market benchmarks, the Nifty 50...

Bitcoin (BTC) and Ethereum (ETH) Propel Crypto Market to New Heights: A Surge in Digital Assets

<ul> <li>The cryptocurrency market has witnessed a notable...
spot_imgspot_imgspot_imgspot_img

PRO Analysis

Bitcoin (BTC) Price Drops After Failing to Surpass $69K Resistance Level: Market Analysis

Bitcoin dips 0.02%, failing to breach $69,336...

Bitcoin (BTC) Price Analysis: Bullish Surge Propels BTC Towards $70K Resistance

Bitcoin (BTC) continues its upward trajectory, trading...

GBPJPY Technical Analysis Report: Key Insights for May 27, 2024

The cryptocurrency market continues to evolve rapidly,...

Shiba Inu (SHIB) Rally Hits a Roadblock: Key Insights and Market Analysis

Shiba Inu (SHIB) price action has gained...
Jocelyn Blake
Jocelyn Blakehttps://en.coinotag.com/
Jocelyn Blake is a 29-year-old writer with a particular interest in NFTs (Non-Fungible Tokens). With a love for exploring the latest trends in the cryptocurrency space, Jocelyn provides valuable insights on the world of NFTs.
spot_imgspot_imgspot_imgspot_img

Bitcoin (BTC) Surges to Record $70,000 Milestone After Prolonged Battle

Bitcoin has recently broken through the significant $70,000 mark, showcasing bullish control. However, analysts remain skeptical about the sustainability of this...

Ethereum (ETH) Poised for $4.5K Surge Ahead of ETF Launch: Market Analysts Predict Bullish Trend

Ethereum’s price nears $4,000, influenced by optimism around newly approved ETFs. Market analysts suggest the potential for Ethereum to reach as...

Binance’s Genesis Asset Sale Triggers Significant Losses for Gopax Investors: Impact on GOPAX Token (GOPAX)

Binance sells Gopax asset claims at steep discounts, igniting investor outrage and prompting regulatory review in South Korea. This sale contradicts...