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The cryptocurrency market, witnessing the rise of new projects and digital assets every day, is in an exciting period for investors. Following Bitcoin’s big rally, we are facing token unlock developments with altcoins.
A token unlock means the project releases its tokens that have not been used for a certain period of time or whose coins’ locks period has ended. This process usually takes place after the project reaches certain goals or after a certain time period has ended.
Token unlock can increase the liquidity of the project’s ecosystem, enhancing the token’s traceability. However, it could also lead to price volatility as it can cause a sudden increase in supply in the market when it happens.
1. Space ID (ID)
Token Unlock Time ➙ November 22 03:00 (TSI)
Token Unlock Quantity ➙ 18.49 Million ID
Approximate Token Unlock Value ➙ $4.74M
2. Pendle (PENDLE)
Token Unlock Time ➙ November 22 03:00 (TSI)
Token Unlock Quantity ➙ 51.34 Thousand PENDLE
Approximate Token Unlock Value ➙ $58.53K
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3. 1INCH (1INCH)
Token Unlock Time ➙ November 22 23:00 (TSI)
Token Unlock Quantity ➙ 21.43 Thousand 1INCH
Approximate Token Unlock Value ➙ $7.71K
4. Euler (EUL)
Token Unlock Time ➙ November 23 07:00 (TSI)
Token Unlock Quantity ➙ 135.32 Thousand EUL
Approximate Token Unlock Value ➙ $377K
5. Avalanche (AVAX)
Token Unlock Time ➙ November 24 03:00 (TSI)
Token Unlock Quantity ➙ 9.54 Million AVAX
Approximate Token Unlock Value ➙ $211M
6. Acala (ACA)
Token Unlock Time ➙ November 25 03:00 (TSI)
Token Unlock Quantity ➙ 4.66 Million ACA
Approximate Token Unlock Value ➙ $264K
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