Attention: Opening of 230 Million Dollar Locked Tokens in 6 Altcoins this Week _! - Coin Bulletin

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This week, unlocking worth millions of dollars will take place in a total of 6 altcoins.

According to Token Unlocks data, a total of over 167 million dollars in unlocking will occur in 9 altcoin projects including Avalanche (AVAX), Pendle (PENDLE), and SpaceID (ID) between August 19-25.

In general, the release of more than %1 of the circulating supply of tokens during lock-up openings has a significant negative impact on the price. In this context, lock-up openings for Pixels (PIXEL), SpaceID (ID), Galxe (GAL), and Avalanche (AVAX) are important in the coming week.

Pay Attention to PIXEL and AVAX!

Especially noteworthy among the things to pay attention to is the unlocking of 54 million PIXELs with a value of 7 million dollars at a circulation rate of 7%. The unlocking of AVAX with a value of 210 million dollars and a supply rate of 2.54% should also be taken into consideration.

The cryptocurrencies to be unlocked are as follows:

  • Pixels (PIXEL): The lock of assets worth 52 million dollars with 205 million units will be opened at 10.00 AM on August 19th. 7% of the circulating supply will be released.
  • Avalanche (AVAX): The lock-up of 10 million assets worth $211 million will be released as of 12:00 PM on August 20th. 2.54% of the circulating supply will be unlocked.
  • Pendle (PENDLE): The lock-up of 234,000 tokens, worth $667,000, will be released over the next week. The unlocking process will commence at 12:00 on 21st August, Turkish time. 0.95% of the circulating supply will be released.
  • SpaceID (ID): The lock of 18 million assets worth 6 million dollars will be opened as of 12:00 GMT on August 22nd. 4.19% of the circulating supply will be released.
  • Galxe (GAL): The lockup of 1 million assets worth 2 million dollars will be released at 13.00 on August 23rd, 00:00 UTC. 0.89% of the circulating supply will be released.
  • Ethena (ENA): The lock of 14 million assets worth 3 million dollars will be opened as of August 25, 10.00 AM. 0.87% of the circulating supply will be released.
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