This Week, There is a $256 Million Unlocking in 8 Altcoins: Pay Attention to 2 of Them! - Coin Bulletin

This week, a total of tens of millions of dollars worth of unlockings will take place in 8 altcoins.

According to Token Unlocks data, a total of over 256 million dollars will be unlocked in 8 altcoin projects, including Arbitrum (ARB), Ethena (ENA), and ApeCoin (APE), between December 16th and 22nd.

In general, the release of more than %1 of the circulating supply of tokens during unlocking has a significant negative impact on the price. In this regard, the upcoming week is important for the unlocking events of Arbitrum, ApeCoin, QuantixAI (QAI), and Metars Genesis (MRS).

Pay attention to MRS and ARB!

Especially noteworthy is the unlocking of 479 million keys worth $40 million to be held at JTO, which accounts for 100% of the circulating supply.

It should be noted that the key opening, which will take place in Xai and has a value of 54 million dollars, should be considered with a supply rate of 10%.

The cryptocurrencies to be unlocked are as follows: Please provide the text to be translated.

  • Arbitrum (ARB): The lock-up of assets worth 96 million dollars with 96.8 million units will be released as of 3:00 PM on December 16th Turkish time. 2.34% of the circulating supply will be released.
  • Echelon Prime (PRIME): The lock of 750,000 assets worth 10 million dollars will be released at 11:00 AM on December 17th. 1.46% of the circulating supply will be released.
  • ApeCoin (APE): The lock of 15 million assets worth 25 million dollars will be opened as of 17:00 GMT on December 17th. 2.50% of the circulating supply will be released.
  • Eigenlayer (EIGEN): The lock of 1.2 million assets, worth 6.3 million dollars, will be released as of 10:00 AM (GMT), December 18th. 0.62% of the circulating supply will be unlocked.
  • QuantixAI (QAI): The lock of 232,000 assets worth $22 million will be opened as of 12:00 PM GMT+3 on December 18th. 5.3% of the circulating supply will be released.
  • Ethena (ENA): The lock of 12 million assets worth 15 million dollars will be opened at 16.00 CET on December 18th. 0.45% of the circulating supply will be released.
  • Cardano (ADA): The lock of 18 million assets worth $20 million will be unlocked next week. The unlocking process will start at 3:00 PM on December 20th. 0.05% of the circulating supply will be released.
  • Metars Genesis (MRS): The lock of 10 million assets worth 62 million dollars will be released at 16.00 GMT on 22 December. 11.8% of the circulating supply will be released.
TOKEN-5.23%
G-6.11%
ARB-3.99%
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