Attention: $205 Million Locked Token Opening for 4 Altcoins This Week _! - Coin Newsletter

A total of hundreds of millions of dollars worth of unlocks will take place in 10 altcoins this week.

According to Token Unlocks data, between January 15 and 22, 10 altcoin projects, including ApeCoin (APE), Injective (INJ) and Axie Infinity (AXS)****, will unlock a total of over 212 million dollars.

In unlocks, the release of more than 1% of the overall circulating supply of tokens is significantly reflected in the price negatively. Accordingly, the unlocks specific to APE, INJ, AXS and Space ID (ID) are important in the next week.

Beware of INJ and ID!

In particular, the 3.67 million unlocks worth $139 million that will take place in INJ are among the top things to watch out for with the amount of circulating supply of 4.33%. The $16.44 million unlock on ID needs to be considered, with a supply rate of 13.37%. A $22.5 million** lock opening is planned in APE and $27 million in AXS.

The cryptocurrencies that will be unlocked are as follows:

  • Flow (FLOW): 3.97 million worth 3.32 million will be unlocked over the next week. Unlocking will start on January 16 at 03:00 CET. 0.27% of the circulating supply will be released.
  • **ApeCoin (APE): $22 million worth 15.60 million will be unlocked **by January 17, 03:00 CET. 4.23% of the circulating supply will be released.
  • Pendle (PENDLE): $550K worth 329K will be unlocked over the next week. Unlocking will start on January 17 at 03:00 CET. 0.34% of the circulating supply will be released.
  • Euler (EUL): $626K worth 146K will be unlocked over the next week. Unlocking will begin on January 18 at 10:47 a.m. CET: 0.78% of the circulating supply will be released.
  • 1inch (1INCH): $173K worth 364K will be unlocked January 18 at 03:00 CET. 0.03% of the circulating supply will be released.
  • Axie Infinity (AXS): $27 million worth 3.43 million will be unlocked on January 18 at 04:10 CET. 2.53% of the circulating supply will be released.
  • Nym (NYM): $746K worth 3.27 million will be unlocked **January 19 at 03:00 CET. 0.51% of the circulating supply will be released.
  • Algorand (ALGO): 16 million worth 3 million dollars will be unlocked over the next week. Unlocking will start on January 19 at 05:00 CET. 0.20% of the circulating supply will be released.
  • Injective (INJ): $139 million worth 3.67 million will be unlocked by January 21 at 03:00 CET. 4.33% of the circulating supply will be released.
  • Space ID (ID): $16.44 million worth 53.27 million will be unlocked by January 22 at 03:00 CET. 12.37% of the circulating supply will be released.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)