Volatility Alert: ~ $500M in Tokens Unlocking This Week – SUI, SEI, DOGE, WLD, and More at Risk

2024-10-14 14:26

Wu Blockchain made a post signaling the imminent unlocking of approximately $500 million in cryptocurrency tokens. According to sources from TokenUnlocks, a significant amount of tokens is set to become available for trading in the upcoming week.

This includes large single unlock amounts for tokens like ARB, AXS, EIGEN, STRK, APE, PIXEL, and ADA, alongside a linear unlocking schedule for tokens such as WLD, SOL, TAO, AVAX, SEI, NEAR, DOT, DOGE, SUI, FIL, BEAM, and ARKM.

The total unlocking value exceeding $498 million could have substantial implications for the market.

Token unlocking is a critical process in the cryptocurrency landscape, where previously restricted tokens are released to the public. This can occur as part of a planned distribution strategy or a specific event, and it’s essential for managing how tokens circulate and are utilized within the ecosystem.

Read Also: PEPE and WIF Holders, Be Careful! Memecoins Are at Crossroads, Next Few Days Crucial, Elite Crypto Analyst Warns

According to TokenUnlocks, the single large-amount unlocking in the next 7 days includes ARB AXS EIGEN STRK APE PIXEL ADA PRIME, etc., and the linear large-amount unlocking in the next 7 days includes WLD SOL TAO AVAX SEI NEAR DOT DOGE SUI FIL BEAM ARKM, etc. The total unlocking… pic.twitter.com/9BpxTH2wmb

— Wu Blockchain (@WuBlockchain) October 14, 2024 Reasons for Token Locking

Price Stability: Token locking prevents immediate selling, which helps maintain price stability during volatile periods.
Long-Term Commitment: It encourages holders to retain their tokens longer, fostering ongoing engagement and investment in the project.
Shared Success: By aligning the interests of developers and investors, it promotes a collective motivation for project success.

Read Also: Why Is Ripple (XRP) Price Not Moving? Crypto Analyst Weighs In

Disadvantages of Unlocks

However, the process of unlocking tokens is not without its drawbacks. Anticipation of upcoming unlock events can lead to speculation, which might create volatility in token prices as the unlock date approaches.

If the unlocking process is poorly managed, it may disproportionately benefit early investors or development teams, leaving the broader community at a disadvantage once the tokens are released.

.rh-colortitlebox{margin-bottom:30px;background:#fff;line-height:24px;font-size:90%}.rh-colortitlebox .rh-colortitle-inbox{display:flex;align-content:center;padding:15px;font-weight:700;font-size:110%; line-height:25px}.rh-colortitlebox .rh-colortitle-inbox i{line-height:25px; margin:0 10px; font-size:23px}.rh-colortitlebox .rh-colortitle-inbox svg{width:25px;margin-right:10px}.rh-colortitlebox .rh-colortitle-inbox-label{flex-grow:1}.rh-colortitlebox .rh-colortitlebox-text{padding:20px}.rh-colortitlebox-text>*{margin-bottom:20px}.rh-colortitlebox-text>:last-child{margin-bottom:0} Celebrate Dogecoin and Make Big Gains with Doge2014!.rh-toggler-open{height:auto !important} .rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important} .rh-toggler-open .rh-tgl-hide{display:block !important} .rh-tgl-show, .rh-tgl-hide{cursor:pointer} .rh-contenttoggler *{box-sizing: border-box !important} .rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;} .rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}

Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!

Show more +Show less –

Moreover, an influx of newly unlocked tokens can increase market supply significantly. If many tokens are released simultaneously, it risks driving down prices, especially if early investors decide to sell when prices are high.

This scenario can lead to a decrease in the token’s value, particularly if there aren’t enough buyers to absorb the sudden increase in supply.

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.

We recommend eToro Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.

The post Volatility Alert: ~ $500M in Tokens Unlocking This Week – SUI, SEI, DOGE, WLD, and More at Risk appeared first on CaptainAltcoin.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

VIP Tokens (VIP) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 VIP

tokens week unlocking sources according cryptocurrency 500

tokens week → Результатов: 126


Фото:

High-growth potential tokens that should not be missed this week: SOL, ZEC and AVAX

The government surveillance whistleblower Edward Snowden ended up revealing that he played a pivotal role in the creation of the privacy token known as Zcash ZEC/USD.  There was a video posted by Zcash Media that featured an interview with Snowden, where he outlined his involvement as one of the six people who had a piece […] The post High-growth potential tokens that should not be missed this week: SOL, ZEC and AVAX appeared first on Invezz.

2022-4-29 16:18


Binance say NFTs are a technology looking for new applications

The Head of NFT & Fan Tokens for Binance, Helen Hai, told us during the Paris Blockchain Week Summit (PBWS) that NFTs are a “technology still in the application stage of development.” We currently have art and music as the two main drivers of the NFT space, but the world’s largest exchange by market cap […] The post Binance say NFTs are a technology looking for new applications appeared first on CryptoSlate.

2022-4-17 18:20


Sweatcoin: SWEAT token to reward physical movement with crypto

Sweatcoin, an app that rewards users’ daily steps with SWEAT tokens which can be spent on products, donated to charity, or converted into another crypto, is ready for launch this week. Soon, the Sweatcoin community will have the opportunity to have their in-app pre-sweatcoins matched 1:1 with SWEAT tokens at a token generation event (TGE) […] The post Sweatcoin: SWEAT token to reward physical movement with crypto appeared first on CryptoNinjas.

2022-4-13 04:50


Inaugural Paris NFT Day reveals immersive event program and speaker lineup

2022 event kicking off Paris Blockchain Week Summit to centre around the business of NFTs and interactive Web3 opportunities. Paris NFT Day, the largest European conference dedicated to the business of Non-Fungible Tokens (NFTs), has unveiled the programme and speaker lineup for its inaugural event on 12 April 2022, kicking off Paris Blockchain Week Summit […] Сообщение Inaugural Paris NFT Day reveals immersive event program and speaker lineup появились сначала на Coinstelegram.

2022-4-12 15:16