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Cryptorank
MainNewsToken Unlock...

Token Unlock Tsunami: Crypto Markets Ready for the Incoming Wave?


May, 27, 2024
< 1 min read
by CoinEdition
Token Unlock Tsunami: Crypto Markets Ready for the Incoming Wave?
  • Seven major token unlocks scheduled for the coming week
  • June 1 Dominates Unlock Schedule: dYdX, 1inch, Axelar, and others set for release
  • Market Impact Uncertain: Potential for increased supply and price volatility

Large-scale token unlocks in the cryptocurrency market often signal a bearish trend, as they release previously restricted assets into circulation, increasing supply and potentially lowering prices. These unlocks typically involve distributing tokens to team members, organizations, and early investors, including venture capital firms.

In the coming week, seven token unlocks are scheduled, potentially impacting the market. The first is the dYdX (DYDX) token unlock scheduled for June 1, where $67.77 million worth of digital assets will enter circulation.

Also on June 1, $30.78 million worth of 1inch (1INCH) tokens will be unlocked, adding 98.7 million tokens to the existing circulating supply of 1.15 billion 1INCH. Additionally, on May 29, Portal (PORTAL) will see the unlocking of 30.61 million tokens (3.06% of total supply), valued at around $26.59 million.

Furthermore, 33.30 million Axelar (AXL) tokens (3.33% of max supply) will be unlocked o…

The post Token Unlock Tsunami: Crypto Markets Ready for the Incoming Wave? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

MMA Star Conor McGregor’s REAL Token Draws Backlash Over Structure and Execution

MMA Star Conor McGregor’s REAL Token Draws Backlash Over Structure and Execution

Conor McGregor, the former UFC champion, has entered the crypto scene with the launch...
Apr, 06, 2025
by BeInCrypto
Celestia’s (TIA) 30% Price Crash Triggers Record Outflows in 2025

Celestia’s (TIA) 30% Price Crash Triggers Record Outflows in 2025

Celestia (TIA) has recently experienced a significant drawdown, losing nearly 30% of ...
Apr, 06, 2025
by BeInCrypto
MainNewsToken Unlock...

Token Unlock Tsunami: Crypto Markets Ready for the Incoming Wave?


May, 27, 2024
< 1 min read
by CoinEdition
Token Unlock Tsunami: Crypto Markets Ready for the Incoming Wave?
  • Seven major token unlocks scheduled for the coming week
  • June 1 Dominates Unlock Schedule: dYdX, 1inch, Axelar, and others set for release
  • Market Impact Uncertain: Potential for increased supply and price volatility

Large-scale token unlocks in the cryptocurrency market often signal a bearish trend, as they release previously restricted assets into circulation, increasing supply and potentially lowering prices. These unlocks typically involve distributing tokens to team members, organizations, and early investors, including venture capital firms.

In the coming week, seven token unlocks are scheduled, potentially impacting the market. The first is the dYdX (DYDX) token unlock scheduled for June 1, where $67.77 million worth of digital assets will enter circulation.

Also on June 1, $30.78 million worth of 1inch (1INCH) tokens will be unlocked, adding 98.7 million tokens to the existing circulating supply of 1.15 billion 1INCH. Additionally, on May 29, Portal (PORTAL) will see the unlocking of 30.61 million tokens (3.06% of total supply), valued at around $26.59 million.

Furthermore, 33.30 million Axelar (AXL) tokens (3.33% of max supply) will be unlocked o…

The post Token Unlock Tsunami: Crypto Markets Ready for the Incoming Wave? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

MMA Star Conor McGregor’s REAL Token Draws Backlash Over Structure and Execution

MMA Star Conor McGregor’s REAL Token Draws Backlash Over Structure and Execution

Conor McGregor, the former UFC champion, has entered the crypto scene with the launch...
Apr, 06, 2025
by BeInCrypto
Celestia’s (TIA) 30% Price Crash Triggers Record Outflows in 2025

Celestia’s (TIA) 30% Price Crash Triggers Record Outflows in 2025

Celestia (TIA) has recently experienced a significant drawdown, losing nearly 30% of ...
Apr, 06, 2025
by BeInCrypto