Three tokens unlocks point to a busy week

Three tokens are scheduled to be unlocked next week:
The lockdown of the liquid staking protocol Lido (LDO), the native token of the Avalanche blockchain AVAXYield, the token of the Guild Games DAO YGGToken means that the front investors or the project team are frozen so that they cannot liquidate a large number of tokens. These tokens are being released gradually.
On August 26, 8.5 million LDO tokens are scheduled to be unlocked, roughly equivalent to 0.97 percent of the $14.2 million supply.
All 8.5 million tokens will be distributed to investors who already hold more than 300 million tokens, according to TokenUnlocks data.
Lido's governance token, LDO, has been holding a relatively stable stance over the past 24 hours, though it has dropped 8.5 percent over the past week.
ACAX, the native crypto of the Avalanche blockchain, will be unlocked on Saturday, August 26. 9.54 million AVAX tokens worth $102.86 million will be released, accounting for 2.77 percent of the total circulating supply.
The last unlocking of AVAX took place in May and had a positive impact on the market.
Of the released tokens, 2.25 million will be distributed to strategic partners, 1.67 million to foundations, 4.5 million to teams, and 1.13 million to airdrop participants.
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