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Token Unlocking Events to Release $260M This Week: Avalanche, Solana Impacted


by Parth Dubey
for CoinEdition
Major Altcoins Brace for Token Unlocking Events This Week
  • Linear unlocks for the next week are led by Solana (SOL) with a massive $112 million unlocking event.
  • Cliff unlocks for the same period are led by Metars Genesis (MRS), unlocking tokens worth $53.7 million.
  • DOT, AVAX, NEAR, SUI, and FIL also face linear unlocking events while ID faces cliff unlocking.

A few of the top blockchain projects will have token unlocking events this week. These include Avalanche (AVAX), Dogecoin (DOGE), Polkadot (DOT), Solana (SOL), Sui Network (SUI), Filecoin (FIL), and Near Protocol (NEAR). Investors may see millions of dollars worth of altcoins enter the market over the next seven days. This is often a bearish sign.

Token Unlocks to Release Over $260 Million in Value

Tokenomist (formerly Token Unlocks) reports that between December 17th and December 24th, 2.81 million DOT (0.18% of circulating supply) worth $24.35 million will enter the market. Also, 524,030 SOL (0.11% of circulating supply) worth $112.33 million and 700,000 AVAX (0.17% of circulating supply) worth $34.08 million will unlock.

In addition, 94.47 million DOGE (0.06% of circulating supply) worth $37.73 million, 2.97 million NEAR (0.24 of circulating supply) wor…

The post Token Unlocking Events to Release $260M This Week: Avalanche, Solana Impacted appeared first on Coin Edition.

Read the article at CoinEdition

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Token Unlocking Events to Release $260M This Week: Avalanche, Solana Impacted


by Parth Dubey
for CoinEdition
Major Altcoins Brace for Token Unlocking Events This Week
  • Linear unlocks for the next week are led by Solana (SOL) with a massive $112 million unlocking event.
  • Cliff unlocks for the same period are led by Metars Genesis (MRS), unlocking tokens worth $53.7 million.
  • DOT, AVAX, NEAR, SUI, and FIL also face linear unlocking events while ID faces cliff unlocking.

A few of the top blockchain projects will have token unlocking events this week. These include Avalanche (AVAX), Dogecoin (DOGE), Polkadot (DOT), Solana (SOL), Sui Network (SUI), Filecoin (FIL), and Near Protocol (NEAR). Investors may see millions of dollars worth of altcoins enter the market over the next seven days. This is often a bearish sign.

Token Unlocks to Release Over $260 Million in Value

Tokenomist (formerly Token Unlocks) reports that between December 17th and December 24th, 2.81 million DOT (0.18% of circulating supply) worth $24.35 million will enter the market. Also, 524,030 SOL (0.11% of circulating supply) worth $112.33 million and 700,000 AVAX (0.17% of circulating supply) worth $34.08 million will unlock.

In addition, 94.47 million DOGE (0.06% of circulating supply) worth $37.73 million, 2.97 million NEAR (0.24 of circulating supply) wor…

The post Token Unlocking Events to Release $260M This Week: Avalanche, Solana Impacted appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Over $27 Million in Insider Tokens Set to Unlock Between July 21–27

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More than $27 million worth of tokens are scheduled to be unlocked in the week of Jul...
Is Solana (SOL) Fully Equipped to Soar Past the $180 Mark With Strength?

Is Solana (SOL) Fully Equipped to Soar Past the $180 Mark With Strength?

The crypto market is continuing its recovery attempts with brief spikes, letting the ...