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5 Projects Set to Unlock New Tokens and their Price Predictions


by CoinEdition

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How-Will-These-Top-5-Tokens-React-to-Next-Week's-Unlocks
  • SUI might extend to $1.94 while the Aroon indicator suggested MANTA’s rise above $3.
  • DYDX might be forced back to $3.10 as the Supertrend flashed a sell signal.
  • OP might rise higher in the short term, and AGIX could consolidate.

Next week, several projects are scheduled to unlock a new set of tokens and release them into circulation. Some of the projects in this cohort include Sui (SUI), Manta Network (MANTA), dydx (DYDX), Optimism (OP), and SingularityNET (AGIX).

According to data from Token Unlocks, SUI would unlock $7.12 million worth of the token. MANTA plans to release $5.75 million, while DYDX’s token unlock would be worth $111.33 million. In addition, OP’s unlocks would be worth $86.01 million, and YFI’s unlock was valued at $9.34 million.

Most times, token unlocks are associated with price fluctuations and a change in volatility. Here, Coin Edition looks at the price predictions for the tokens when the event takes place.

SUI

At press time, SUI changed hands at $1.80, representing a 4.40% decrease in the last 24 hours. On the 4-hour chart, the Bollinger Bands (BB) indicated…

The post 5 Projects Set to Unlock New Tokens and their Price Predictions appeared first on Coin Edition.

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5 Projects Set to Unlock New Tokens and their Price Predictions


by CoinEdition

Share:

How-Will-These-Top-5-Tokens-React-to-Next-Week's-Unlocks
  • SUI might extend to $1.94 while the Aroon indicator suggested MANTA’s rise above $3.
  • DYDX might be forced back to $3.10 as the Supertrend flashed a sell signal.
  • OP might rise higher in the short term, and AGIX could consolidate.

Next week, several projects are scheduled to unlock a new set of tokens and release them into circulation. Some of the projects in this cohort include Sui (SUI), Manta Network (MANTA), dydx (DYDX), Optimism (OP), and SingularityNET (AGIX).

According to data from Token Unlocks, SUI would unlock $7.12 million worth of the token. MANTA plans to release $5.75 million, while DYDX’s token unlock would be worth $111.33 million. In addition, OP’s unlocks would be worth $86.01 million, and YFI’s unlock was valued at $9.34 million.

Most times, token unlocks are associated with price fluctuations and a change in volatility. Here, Coin Edition looks at the price predictions for the tokens when the event takes place.

SUI

At press time, SUI changed hands at $1.80, representing a 4.40% decrease in the last 24 hours. On the 4-hour chart, the Bollinger Bands (BB) indicated…

The post 5 Projects Set to Unlock New Tokens and their Price Predictions appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Hex Trust’s High-Stakes Wrapped XRP Gambit: $100M Liquidity Infusion Fuels Bridge Exploit Fears

Hex Trust’s High-Stakes Wrapped XRP Gambit: $100M Liquidity Infusion Fuels Bridge Exploit Fears

Institutional custodian Hex Trust announced the launch of Wrapped XRP (wXRP) on Thurs...
Ethereum Price Resists Market Weakness As Buyers Position for $4000

Ethereum Price Resists Market Weakness As Buyers Position for $4000

Key Insights: Ethereum price is staying steady while most of the crypto market looks ...