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Attention: Unlocking 290 Million Dollars Locked Tokens in 9 Altcoins This Week _! - Coin Bulletin
This week, unlocking worth millions of dollars will take place in a total of 9 altcoins.
According to Token Unlocks data, a total of over 285 million dollars will be unlocked in 9 altcoin projects, including ApeCoin (APE), Worldcoin (WLD), and SuperRare (RARE), between September 16-22.
In general, the release of more than %1 of the circulating supply during lock unlocks has a significant negative impact on the price. In this respect, the lock unlocks for Avalanche (AVAX), SpaceID (ID), Pixels (PIXEL), and The Graph (GRT) are important in the coming week.
Pay attention to AVAX and ID!
Especially noteworthy is the unlocking of 9.5 million tokens worth $227 million in AVAX, which accounts for 1.33% of the circulating supply. The unlocking of $26 million worth of tokens in ID with a 3.94% supply ratio should also be taken into consideration.