Selling Pressure May Continue in These Altcoins: Unlocking of 408 Million Will Happen! - Coin Bulletin

This week, a total of 408 million dollars worth of unlocking will take place in 13 altcoins.

According to Token Unlocks data, between 3-9 February, a total of over 408 million dollars worth of unlocking will take place in 13 altcoin projects, including Calestia (TIA), Jito (JTO), and World (WLD).

In general, the release of more than %1 of the circulating supply during unlockings has a significantly negative impact on the price. In this regard, the unlocking events of XDC Network (XDC), Movement (MOVE), Neon (NEON), and World (WLD) are important for the upcoming week.

Pay attention to NEON and WLD!

Especially noteworthy is the opening of 53 million locks with a value of 13 million dollars, with a circulation supply of 22% at NEON.

It should be noted that the key opening with a value of 59 million dollars to be experienced in WLD, with a supply rate of 3.90%.

The unlocking of cryptocurrencies will take place as follows:

• XDC Network (XDC): The lock-up of 841 million assets worth $65 million will be released as of 11.00 AM GMT on February 3rd. 5.32% of the circulating supply will be unlocked.
• Movement (MOVE): The lock of 10 million assets worth 30 million dollars will be released as of 3rd February 15:00 (GMT+3). 2.65% of the circulating supply will be unlocked.
• Kaspa (KAS): Lock of 172 million assets worth 13 million dollars will be released at 17:00 CET on February 4th. 0.61% of the circulating supply will be unlocked.
• Neon (NEON): The lock of 53 million assets worth $13 million will be opened as of 4 February, 19:00 GMT. 22% of the circulating supply will be released.
• Banana Gun (BANANA): The lock of 250,000 assets worth 6 million dollars will be opened for the next week. The unlocking process will start at 03:00 on February 5th, Turkish time. 7.85% of circulating supply will be released.
• Solana (SOL): The lock of 465,000 assets worth $88 million will be released as of February 5, 5:00 PM UTC. 0.1% of the circulating supply will be released.
• World (WLD): The lock of 37 million assets worth 59 million dollars will be opened as of 12:00 GMT on February 6th. 3.07% of the circulating supply will be released.
• Dogecoin (DOGE): The lock of 96 million assets worth 22 million dollars will be opened as of 7 February 11.00 Turkish time. 0.90% of the circulating supply will be released.
• Calesita (TIA): The lock of 7 million assets worth 23 million dollars will be released as of 19.00 GMT on 7 February. 1.3% of the circulating supply will be released.
• Avalanche (AVAX): The lockup of 700,000 assets worth $16 million will be released at 4:00 PM CET on February 8th. 0.1% of the circulating supply will be unlocked.
• Polkadot (DOT): The lock of 2 million assets worth $11 million will be opened at 19:00 GMT+3 on February 8th. 0.18% of the circulating supply will be released.
• Near Protocol (NEAR): The lock of 3 million assets worth 9 million dollars will be released as of 11.00 Turkish time on February 9th. 0.25% of the circulating supply will be unlocked.
• Jito (JTO): The lock of 4 million assets worth $10 million will be opened as of 14:00 GMT+3 on February 9th. 1.4% of the circulating supply will be released.