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23 Altcoin for 293 Million Dollar Week: Here are the Details and Dates! - Coin Bulletin
This week, a total of 293.42 million dollars worth of locked tokens will be launched for 23 different altcoins in the crypto market between March 24-31.
According to the latest data provided by Tokenomist, a significant amount of tokens will be released in important projects such as AltLayer (ALT), Venom (VENOM), Eigenlayer (EIGEN), Ethena (ENA), Fetch.ai (FET), and Solana (SOL). This situation may create selling pressure in the relevant crypto assets in the short term.
Bulk Unlocks (24-31 March)
The highlighted projects in the mass unlocks happening this week are as follows:
( Gradual Unlockings ) March 17-24 (
The prominent projects among the tokens that gradually opened during the week are listed as follows:
How Will ) Affect Prices?
Token unlocks often cause price drops, especially in tokens that have a high volume and a significant proportion of circulating supply. In this context, high percentage unlocks in projects such as ALT, WLD, OP, MOCA, and TIA stand out as tokens that investors should pay more attention to.
Tokens with a circulating supply ratio above %1, such as (ALT, WLD, TIA, MOCA, and OP), can cause short-term volatility and selling pressure in the market. It is emphasized that investors should be cautious during this process.