Over $100 Million in Tokens Unlocking This Week: SAGA, APT, TNSR Affected
- $101.5M in token unlocks this week, led by Saga ($35.37M, 118.62%).
- Aptos, Tensor, and Axie Infinity unlocks could impact DeFi, NFT, and gaming sectors.
- Market volatility expected as traders assess potential sell pressure.
Over $101.5 million worth of tokens are scheduled to be unlocked across major crypto projects this week, potentially adding to market volatility as the financial repercussions of recent tariff announcements continue.
According to unlock data aggregator Tokenomist, Saga (SAGA) leads with the largest unlock valued at $35.37 million, representing a significant 118.62% of its current circulating supply.
Other major unlocks include Aptos (APT) at $33.43 million (1.12% of circ. supply), Tensor (TNSR) at $16.71 million (35.86%), and Axie Infinity (AXS) at $7.29 million (1.69%). Traders are closely monitoring these events, as token releases often introduce price fluctuations.
Largest Unlocks: SAGA, Aptos Face Supply Increases
The Saga Protocol (SAGA), a Layer-1 enabling application-specific blockchains (“Chainlets”), faces an unlock event larger than its existing circulating supply, raising potential for price turbulence given its rol…
The post Over $100 Million in Tokens Unlocking This Week: SAGA, APT, TNSR Affected appeared first on Coin Edition.
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Over $100 Million in Tokens Unlocking This Week: SAGA, APT, TNSR Affected
- $101.5M in token unlocks this week, led by Saga ($35.37M, 118.62%).
- Aptos, Tensor, and Axie Infinity unlocks could impact DeFi, NFT, and gaming sectors.
- Market volatility expected as traders assess potential sell pressure.
Over $101.5 million worth of tokens are scheduled to be unlocked across major crypto projects this week, potentially adding to market volatility as the financial repercussions of recent tariff announcements continue.
According to unlock data aggregator Tokenomist, Saga (SAGA) leads with the largest unlock valued at $35.37 million, representing a significant 118.62% of its current circulating supply.
Other major unlocks include Aptos (APT) at $33.43 million (1.12% of circ. supply), Tensor (TNSR) at $16.71 million (35.86%), and Axie Infinity (AXS) at $7.29 million (1.69%). Traders are closely monitoring these events, as token releases often introduce price fluctuations.
Largest Unlocks: SAGA, Aptos Face Supply Increases
The Saga Protocol (SAGA), a Layer-1 enabling application-specific blockchains (“Chainlets”), faces an unlock event larger than its existing circulating supply, raising potential for price turbulence given its rol…
The post Over $100 Million in Tokens Unlocking This Week: SAGA, APT, TNSR Affected appeared first on Coin Edition.
Read More
$2.5 Billion Worth of Crypto Tokens To Be Unlocked in August