$621 Million Tokens Opening This Week: Here Are Those 20 Altcoins and Dates! - Coin Newsletter

This week, a total of 20 different altcoins will have a token unlocking worth 621.26 million dollars in the crypto market.

According to data provided by Tokenomist, projects such as ENA, TIA, SOL, MOVE, DOGE, and AVAX are among the projects where a large amount of tokens will be released. These developments may create short-term selling pressure on the related assets.

Mass Unlocks ( May 5 – May 12 )

The prominent projects in the collective unlocking events happening this week are as follows:

• LAYER: 27.02 million dollars, 12.87% of the ( supply
• ENA: 171.88 million dollars ), which is 3.10% of the supply (
• SPEC: 10.00 million dollars ) supply %48.51 of (
• KAS: 144.64 million dollars, 0.55% of the supply )
• MOVE: 50.00 million dollars, 2.00% of the supply (
• NEON: 6.93% of the 53.91 million dollar crypto market )
• 1INCH: 4.16 thousand dollars ( of the supply is %0.01 )
• EIGEN: 1.09 million dollars (, 0.49% of the supply )
• MOCA: $3.84 million ( of the supply is 1.65% )
• RENDER: 2.18 million dollars ( of the total supply is %0.10 )

(# Gradual Unlocking )May 5 – May 12 (

The tokens that will gradually open during the week are listed as follows:

• SOL: 465.77 thousand dollars, 0.09% of the ) supply.
• WLD: 37.23 million dollars ### of the supply is %2.84 (
• TIA: $6.96 million, 1.13% of the supply )
• DOGE: 96.52 million dollars, 0.06% of the ( supply )
• TAO: $50,400 ( of the supply is %0.59 )
• AVAX: 700 thousand dollars, 0.17% of the supply (
• SUI: 3.35 million dollars, 0.12% of the ) supply.
• DOT: 2.30 million dollars, 0.15% of the supply (
• IP: 2.32 million dollars ) of the supply is %0.90 (
• MORPHO: $6.80 million, 2.85% of the crypto market )

(# How Will It Affect Prices?

Token unlocks typically create price pressure in projects that constitute a large portion of the supply. This week, high amounts set to be released in tokens such as TIA, MORPHO, MOCA, MOVE, NEON, SPEC, ENA, and LAYER may create short-term volatility. Investors are advised to be cautious with projects that have a supply ratio above 1%. While these unlocked tokens provide liquidity to the market, they may pull prices down.