Metaplex

Lido DAO

SPACE ID

Avalanche

Pyth Network

<p>The crypto market is gearing up for an eventful week as <a href="https://www.coindesk.com/policy/2024/05/20/ether-etfs-filing-process-sees-abrupt-progress-though-approval-not-guaranteed-sources/" target="_blank">positive Ethereum ETF news</a> sparked frenzy among crypto traders. On top of that, several notable projects are set to undergo token unlocks. </p> 
<p>These unlocks, which involve the release of a substantial number of tokens into circulation, can potentially impact the prices and market dynamics of the respective cryptocurrencies. Investors and traders are keeping a close eye on these unlocks, as they may present both opportunities and challenges for the projects involved.</p> 
<h2 class="wp-block-heading" id="top-7-token-unlocks-this-week">Top 7 Token Unlocks This Week</h2> 
<p>According to a recent tweet by analyst Coin Post, the following cryptocurrencies are expected to experience major token unlocks this week:</p> 
<ul> 
 <li><a href="https://coinmarketcap.com/currencies/pyth-network/" target="_blank" rel="noreferrer noopener">Pyth Network</a> (<a href="https://www.coingecko.com/en/coins/pyth-network" target="_blank" rel="noreferrer noopener nofollow">$PYTH</a>) – $804M</li> 
 <li><a href="https://coinmarketcap.com/currencies/avalanche/" target="_blank" rel="noreferrer noopener">Avalanche</a> (<a href="https://www.coingecko.com/en/coins/avalanche" target="_blank" rel="noreferrer noopener nofollow">$AVAX</a>) – $340M</li> 
 <li><a href="https://coinmarketcap.com/currencies/altlayer/" target="_blank" rel="noreferrer noopener">AltLayer</a> (<a href="https://www.coingecko.com/en/coins/altlayer" target="_blank" rel="noreferrer noopener nofollow">$ALT</a>) – $29.44M</li> 
 <li><a href="https://coinmarketcap.com/currencies/gatetoken/" target="_blank" rel="noreferrer noopener">GateToken</a> (<a href="https://www.coingecko.com/en/coins/gatetoken" target="_blank" rel="noreferrer noopener nofollow">$GT</a>) – $15.68M</li> 
 <li><a href="https://coinmarketcap.com/currencies/space-id/" target="_blank" rel="noreferrer noopener">SPACE ID</a> (<a href="https://www.coingecko.com/en/coins/space-id" target="_blank" rel="noreferrer noopener nofollow">$ID</a>) – $13.58M</li> 
 <li><a href="https://coinmarketcap.com/currencies/bonfida/" target="_blank" rel="noreferrer noopener">Bonfida</a> (<a href="https://www.coingecko.com/en/coins/bonfida" target="_blank" rel="noreferrer noopener nofollow">$FIDA</a>) – $7.18M</li> 
 <li><a href="https://coinmarketcap.com/currencies/metaplex/" target="_blank" rel="noreferrer noopener">Metaplex</a> (<a href="https://www.coingecko.com/en/coins/metaplex" target="_blank" rel="noreferrer noopener nofollow">$MPLX</a>) – $7.08M</li> 
</ul> 
<blockquote class="twitter-tweet">
 <p lang="en" dir="ltr">Top 7 token unlocks for this week <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f513.png" alt="🔓" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>• Pyth Network – $804M<br>• Avalanche – $340M<br>• AltLayer – $29.44M<br>• GateToken – $15.68M<br>• SPACE ID – $13.58M<br>• Bonfida – $7.18M<br>• Metaplex – $7.08M <a href="https://t.co/z81GPDOpRs" target="_blank" rel="nofollow">pic.twitter.com/z81GPDOpRs</a></p>— Coin Post (@CoinPostMedia) <a href="https://twitter.com/CoinPostMedia/status/1792563890259190037?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">May 20, 2024</a>
</blockquote>  
<p>The Pyth Network, an oracle solution, leads the pack with an impressive $804 million worth of PYTH tokens set to be unlocked. Avalanche follows closely with a token unlock of $340 million in AVAX tokens. AltLayer, GateToken, SPACE ID, Bonfida, and Metaplex are also expected to see notable token unlocks, ranging from $29.44 million to $7.08 million.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.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;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">ongoing low presale price</a></strong> to get in early!</p> 
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>As these unlocks take place, the market will be watching closely to see how each project’s token price reacts. For example, the PYTH price pumped over 20% today already.</p> 
<p><em><strong>Read more: <a href="https://captainaltcoin.com/lido-dao-ldo-and-pyth-prices-are-pumping-heres-why/" target="_blank" rel="noreferrer noopener">Lido DAO (LDO) and PYTH Prices Are Pumping – Here’s Why</a></strong></em></p> 
<p>While some unlocks may lead to increased selling pressure and temporary price dips, others may be absorbed by strong demand and bullish sentiment. The long-term impact of these unlocks will largely depend on the fundamentals and growth prospects of each project.</p> 
<p><em><strong>Join <a class="thirstylink" rel="nofollow" target="_blank" title="aethir" href="https://captainaltcoin.com/go/aethir/" data-shortcode="true">Aethir’s exclusive airdrop</a> and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!</strong></em></p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-recq-meme-coin-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check $RECQ Meme Coin</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy RECQ Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/top-7-crypto-unlocks-to-watch-this-week-pyth-network-pyth-avalanche-avax-and-other-altcoins/">Top 7 Crypto Unlocks to Watch This Week: Pyth Network (PYTH), Avalanche (AVAX) and Other Altcoins</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Top 7 Crypto Unlocks to Watch This Week: Pyth Network (PYTH), Avalanche (AVAX) and Other Altcoins

Table of Contents

CaptainAltcoin

Other articles published on May 21, 2024

SEC challenges Ripple’s attempt to seal evidence, XRP jumps by 6%

Insider trading claims over MAGA token sell-off debunked as MEV bot activity

Philippines Fintech Revolution Summit: The Financial Hub of the Philippines

$4.9 Trillion Fidelity Pushes for Ethereum Spot ETF Approval

Floki Price Prediction: FLOKI Surges 9%, But Experts Say This New AI Meme Coin Might Be The Next ...

Altcoins with Innovative Technology in 2024

Join our free newsletter for daily crypto updates!