Attention: Unlocking 231 Million Dollars Locked Tokens in 11 Altcoins This Week _! - Coin Bulletin

This week, unlocking worth tens of millions of dollars will take place in a total of 11 altcoins.

According to Token Unlocks data, a total of over 231 million dollars of lock-up releases will occur in 11 altcoin projects including Ethena (ENA), SingularityNET (AGIX), and Arbitrum (ARB) between July 22-29.

Generally, the release of more than 1% of the circulating supply during token unlocks has a significant negative impact on the price. In this regard, the upcoming week is important for the lock-up releases of Worldcoin (WLD), AltLayer (ALT), Yield Guild Games (YGG), and Portal (PORTAL).

Pay attention to AltLayer and Worldcoin!

Especially noteworthy is the unlocking of 684 million ALT tokens with a value of $107 million, accounting for 42% of the circulating supply. Similarly, the unlocking of $84 million worth of WLD tokens, accounting for 11.79% of the supply, should be considered.

The unlock will occur as follows for cryptocurrencies:

• Galxe (GAL): The lock of 1 million assets worth 3.7 million dollars will be released at 12.00 GMT on 24th July. 0.89% of the circulating supply will be released.
• Worldcoin (WLD): The lock on 33 million assets worth $83 million will be released as of 12.00 GMT on 24 July. 11.77% of the circulating supply will be unlocked.
• Pendle (PENDLE): The lock-up of 273,000 assets worth $1.1 million will be released over the next week. Lock-up release will start at 12:00 PM on July 24th, Turkish time. 0.82% of the circulating supply will be released.
• AltLayer (ALT): The lock of 684 million assets worth 107 million dollars will be opened as of 10.00 Turkish Time on July 25. 42.13% of circulating supply will be released.
• Sui (SUI): The lock of 4 million assets worth $4.2 million will be released as of July 25, 07:59 UTC. 0.19% of the circulating supply will be free.
• Arbitrum (ARB): The lockup of 3.4 million assets worth $2.70 million will be released as of 10:00 AM on July 25th. 3.76% of the circulating supply will be freed.
• Ronin (RON): The lock of 2 million assets worth 6 million dollars will be opened as of 12.00 GMT, 27 July. 0.88% of the circulating supply will be released.
• Yield Guild Games (YGG): The lock-up of assets worth $7 million and 14 million will be unlocked as of 02:00 on 27th July, Turkish time. 3.75% of the circulating supply will be released.
• SingularityNET (AGIX): The lock-up of assets worth $5 million will be released as of 12:00 PM on July 28th with 8.47 million assets. 1.20% of the circulating supply will be unlocked.
• Ethena (ENA): The lock of assets worth $7 million with a total of 14 million will be opened as of 07.00 GMT on July 28th. 8.74% of the circulating supply will be released.
• Portal (PORTAL): The lock of assets worth 2 million dollars will be opened at 12.00 GMT on July 28. 3.54% of the circulating supply of 6.1 million will be released.