This week, from July 15 to 21, ten notable cryptocurrency projects are scheduled to unlock significant amounts of their tokens.
These unlock events often influence market dynamics as investors anticipate potential price movements.
1. $ARB: On July 16, $ARB will unlock $67.85 million worth of tokens, representing 0.93% of the total locked supply.
2. $AXS: Also on July 16, $AXS will release $14 million worth of tokens, or 0.91% of its total locked supply.
3. $LMWR: On the same day, $LMWR will unlock $12.5 million worth of tokens, accounting for 5.62% of its total locked supply.
4. $NEON: On July 17, $NEON will unlock $19.71 million worth of tokens, which is 4.98% of its total locked supply.
5. $ACE: On July 18, $ACE will release $4.66 million worth of tokens, representing 1.11% of the total locked supply.
6. $MANTA: Also on July 18, $MANTA will unlock $12.16 million worth of tokens, or 1.38% of its total locked supply.
7. $ZKJ: On July 19, $ZKJ will release $18.72 million worth of tokens, accounting for 1.55% of the total locked supply.
8. $PIXEL: Also on July 19, $PIXEL will unlock $10.43 million worth of tokens, representing 1.07% of its total locked supply.
9. $MERL: On the same day, $MERL will release $14.47 million worth of tokens, or 2.49% of the total locked supply.
10. $DEAI: Finally, on July 20, $DEAI will unlock $5.55 million worth of tokens, accounting for 2.63% of its total locked supply.
10 Notable Projects (https://t.co/ThEKYnsjOw) are going to Unlock Token this week (July 15-21) 👨‍💻
1. $ARB – $67.85M – 0.93% Total Locked – July 16
2. $AXS – $14M – 0.91% Total Locked – July 16
3. $LMWR – $12.5M – $5.62% Total locked – July 16
4. $NEON – $19.71M – 4.98% Total… pic.twitter.com/tFIHDYpYN2
— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) July 15, 2024
These token unlocks can lead to price fluctuations as investors may accumulate tokens before and after the unlock to optimize profits and establish favorable entry and exit points. The anticipation of these events often creates a dynamic trading environment, making it crucial for investors to stay informed and strategic in their trading decisions.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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