April Crypto Cliff: $658M in Token Unlocks for SOL, SAGA, APT & TRUMP
- Solana’s $80.5M Unlock Could Amplify Price Volatility Amid Market Uncertainty
- Saga’s 119% Market Cap Unlock Set to Trigger Significant Investor Sentiment Shifts
- Official Trump Token Faces $431M Unlock, Risking Potential Liquidity Shock in April
April will see close to $658.1 million worth of token unlocks impacting major projects. To be released between April 7 and April 18, these unlocks can lead to increased volatility and create unique trading opportunities.
Five major projects in particular – Solana (SOL), Saga (SAGA), Aptos (APT), deBridge (DBR), and Official Trump (TRUMP) – are at the forefront of this event.
Which Cryptocurrencies Are Facing Major Token Unlocks in April?
The Solana ($SOL) token unlock is slated to occur between April 7 and April 11. During this period, 636,985 SOL, valued at $80.49 million, will enter circulation. This represents a small fraction, about 0.12%, of Solana’s total market capitalization, which currently stands at $64 billion.
Adding a layer of market uncertainty, this unlock is tied to the ongoing Alameda & FTX bankruptcy proceedings. Solana’s price has already seen a 4.67% decline over the past week, …
The post April Crypto Cliff: $658M in Token Unlocks for SOL, SAGA, APT & TRUMP appeared first on Coin Edition.
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April Crypto Cliff: $658M in Token Unlocks for SOL, SAGA, APT & TRUMP
- Solana’s $80.5M Unlock Could Amplify Price Volatility Amid Market Uncertainty
- Saga’s 119% Market Cap Unlock Set to Trigger Significant Investor Sentiment Shifts
- Official Trump Token Faces $431M Unlock, Risking Potential Liquidity Shock in April
April will see close to $658.1 million worth of token unlocks impacting major projects. To be released between April 7 and April 18, these unlocks can lead to increased volatility and create unique trading opportunities.
Five major projects in particular – Solana (SOL), Saga (SAGA), Aptos (APT), deBridge (DBR), and Official Trump (TRUMP) – are at the forefront of this event.
Which Cryptocurrencies Are Facing Major Token Unlocks in April?
The Solana ($SOL) token unlock is slated to occur between April 7 and April 11. During this period, 636,985 SOL, valued at $80.49 million, will enter circulation. This represents a small fraction, about 0.12%, of Solana’s total market capitalization, which currently stands at $64 billion.
Adding a layer of market uncertainty, this unlock is tied to the ongoing Alameda & FTX bankruptcy proceedings. Solana’s price has already seen a 4.67% decline over the past week, …
The post April Crypto Cliff: $658M in Token Unlocks for SOL, SAGA, APT & TRUMP appeared first on Coin Edition.
Read More