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Token Unlocks This Week: Over $32 Million From BLAST, ALT, VENOM to Hit Market


by Maxwell Mutuma
for CoinEdition
report on the over $32 million in token unlocks for the week of June 23, led by a $29 million unlock from BLAST.
  • BLAST’s $25M unlock triggers weak momentum as volume drops nearly 34% this week
  • AltLayer and VENOM face dilution risks despite differing volume and price action
  • YGG shows bullish signs post-unlock, while C98 struggles with weak price support

Insider token unlocks for the week of June 23–29 are set to release over $31.8 million worth of assets into the market. This substantial movement includes some high-impact tokens like BLAST, ALT, VENOM, YGG, and C98. 

These pre-scheduled releases of previously locked tokens increase the circulating supply, and market participants will be closely monitoring their potential impact on price volatility.

BLAST Takes the Spotlight with $25M Unlock

BLAST tops the list, accounting for $25.15 million or 35.08% of its circulating supply. Despite this, its price has seen modest changes, currently at $0.002411

The cha…

The post Token Unlocks This Week: Over $32 Million From BLAST, ALT, VENOM to Hit Market appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Token Unlocks This Week: Over $32 Million From BLAST, ALT, VENOM to Hit Market


by Maxwell Mutuma
for CoinEdition
report on the over $32 million in token unlocks for the week of June 23, led by a $29 million unlock from BLAST.
  • BLAST’s $25M unlock triggers weak momentum as volume drops nearly 34% this week
  • AltLayer and VENOM face dilution risks despite differing volume and price action
  • YGG shows bullish signs post-unlock, while C98 struggles with weak price support

Insider token unlocks for the week of June 23–29 are set to release over $31.8 million worth of assets into the market. This substantial movement includes some high-impact tokens like BLAST, ALT, VENOM, YGG, and C98. 

These pre-scheduled releases of previously locked tokens increase the circulating supply, and market participants will be closely monitoring their potential impact on price volatility.

BLAST Takes the Spotlight with $25M Unlock

BLAST tops the list, accounting for $25.15 million or 35.08% of its circulating supply. Despite this, its price has seen modest changes, currently at $0.002411

The cha…

The post Token Unlocks This Week: Over $32 Million From BLAST, ALT, VENOM to Hit Market appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Fed Rate Cut Bet, Policy Clarity Drive Capital Rotation Into Altcoins

Fed Rate Cut Bet, Policy Clarity Drive Capital Rotation Into Altcoins

A cryptocurrency analyst renowned for his podcast presentations has explained what he...
Top Altcoins Are Outperforming Bitcoin: Is Altcoin Season Here?

Top Altcoins Are Outperforming Bitcoin: Is Altcoin Season Here?

Top altcoins are outperforming Bitcoin this week while smaller-cap tokens are deliver...