Three cryptocurrencies will unlock over $170 million in tokens this week, which cryptocurrency traders should avoid having substantial exposure to. These unlocks have the potential to flood the market, leading to increased selling pressure and significant price fluctuations.
On July 7, Finbold retrieved data from the TokenUnlocks.app, which shows $186.32 million in the seven-day cliff unlocks. Notably, this week’s three leading protocols will release $173.02 million in tokens, accounting for 93% of the total.
Nine projects in total make up the “next seven days cliff unlocks:” Aptos (APT), Xai (XAI), ImmutableX (IMX), Ethena (ENA), io.net (IO), dYdX (DYDX), Moonbeam (GLMR), 1inch (1INCH), and Forta (FORT).
Cliff Unlocks Next 7D. Source: TokenUnlocks.app
Aptos’s (APT) $66M token unlock
First, investors should avoid trading and having exposure to APT amid a potential sell-off incoming. Aptos is a layer-one blockchain for Web3 and decentralized finance (DeFi) solution
We współpracy z: https://finbold.com/3-cryptocurrencies-to-avoid-amid-170-million-in-token-unlocks/
