Token

Cryptocurrency

Galxe

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/investors-monitor-token-unlock-events-in-cryptocurrency-market-2/" data-wpel-link="internal">Investors Monitor Token Unlock Events in Cryptocurrency Market</a><br></p>
<p class="p1" style="text-align: justify">In the <a href="https://en.coin-turk.com/bitcoin-price-surges-in-october-which-crypto-analysts-predicted-the-rise/" data-wpel-link="internal">cryptocurrency market</a>, one of the <a href="https://newslinker.co/how-does-artificial-intelligence-work/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a> points that <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> closely follow is token unlock events. According to the Token Unlocks platform, which closely monitors token unlocks, $77.98 million worth of tokens will be unlocked in the next seven days. Tomorrow, the token unlock event for the Galxe platform’s native token, GAL, is an event that should be closely monitored.</p> 
<h2 class="p3" style="text-align: justify" id="span-class-s1-galxe-token-unlock-event-span"><span class="s1">Galxe Token Unlock Event</span></h2> 
<p class="p3" style="text-align: justify">According to data provided by Token Unlocks, which shares token unlock events with its users, $77.98 million worth of tokens will be unlocked next week, and some of the most notable token unlock events of recent times will take place. Among these unlocks, the Galxe platform’s native token, GAL, holds significant importance.</p> 
<p class="p3" style="text-align: justify">Tomorrow (September 2) at 03:00, the event will unlock a token amount equivalent to 0.82% of the total supply of GAL tokens, with a market value of $2.23 million. As investors eagerly follow the process with just hours remaining, the GAL token was trading at $2.18 at the time of writing. The GAL token unlock event is one of the most notable token unlock events of the upcoming week.</p> 
<p class="p3" style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-384709 size-full" src="https://coin-turk.com/wp-content/uploads/2024/09/gal.png" alt="" width="2646" height="1107"></p> 
<h2 class="p3" style="text-align: justify" id="gal-chart-analysis">GAL Chart Analysis</h2> 
<p class="p3" style="text-align: justify">The daily GAL chart highlights a rising channel formation. In this formation, the GAL price is currently trading above the support line, indicating a critical phase. Support from this region could bring a potential upward scenario to the forefront, but a break below the support could cause the price to lose momentum.</p> 
<p class="p3" style="text-align: justify">The most important support level to watch on the daily GAL chart is $2.12. A daily bar close below this level could subject the GAL price to potential selling pressure.</p> 
<p class="p3" style="text-align: justify">The most important resistance level to monitor on the GAL chart is $2.65. A daily bar close above this level would support the upward momentum, as it would also surpass the EMA 7 (blue line) and EMA 21 (green line) levels.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-384708 size-full" src="https://coin-turk.com/wp-content/uploads/2024/09/gal-grafik.png" alt="" width="2527" height="1135"></p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/investors-monitor-token-unlock-events-in-cryptocurrency-market-2/" data-wpel-link="internal">Investors Monitor Token Unlock Events in Cryptocurrency Market</a></h5>
<p>The post <a href="https://en.coin-turk.com/investors-monitor-token-unlock-events-in-cryptocurrency-market-2/" data-wpel-link="internal">Investors Monitor Token Unlock Events in Cryptocurrency Market</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Investors Monitor Token Unlock Events in Cryptocurrency Market

Table of Contents

COINTURK NEWS

Other articles published on Sep 1, 2024

Almost There – Crypto Strategist Says Memecoins Now in Final Accumulation Before Expansion to New...

Bitcoin loses 8.6% in August as September starts with fresh 2-week low

Elon Musk’s Influence on DOGE How MoonBag and PLAY Rank in the Top Meme Coins Presale by Market C...

Why Bitcoin ETFs Boosted BTC Price but Ethereum ETFs Didn’t Have the Same Impact? Here are Expert...

Weekly ETF Recap: Bitcoin Sees Massive Outflows, Minimal Demand for Ethereum

Bitcoin Bearish Movement Could Trigger $459 Millions Liquidations

Join our free newsletter for daily crypto updates!