Token

Elon Musk

<p>Journalist Wu Blockchain has <a href="https://x.com/WuBlockchain/status/1843168981836066911" target="_blank" rel="noopener noreferrer nofollow">reported</a> huge token unlocks scheduled for this week, affecting several major altcoins. He highlighted APT, OP, TAIKO, XAI, and ADA as experiencing single large-amount unlocks in the next 7 days.</p>
<p>Meanwhile, tokens like SOL, WLD, TAO, AVAX, SEI, NEAR, DOT, DOGE, SUI, FIL, and BEAM are set for linear large-amount unlocks over the same period. According to Wu’s calculations, based on <a href="https://token.unlocks.app/" target="_blank" rel="noopener noreferrer nofollow">data from the Token Unlocks platform</a>, the total value of these unlocks exceeds $451 million.</p>
<h2 class="wp-block-heading" id="cliff-unlocks-vs-linear-unlocks">Cliff Unlocks vs. Linear Unlocks</h2>
<p>Here are the details:</p>
<p><strong>Large Token Cliff Unlocks (10/8 – 10/14):</strong> Tokens that will experience a sudden or cliff unlock, where a large portion is released at once.</p>
<ul class="wp-block-list">
 <li><strong>APT (Aptos)</strong>: 11.31M tokens, valued at <strong>$99.30M</strong> (2.25% of circulating supply).</li>
 <li><strong>OP (Optimism)</strong>: 12.47M tokens, valued at <strong>$21.08M</strong> (0.99% of circulating supply).</li>
 <li><strong>TAIKO</strong>: 12.00M tokens, valued at <strong>$19.80M</strong> (15.62% of circulating supply).</li>
 <li><strong>XAI</strong>: 35.88M tokens, valued at <strong>$7.23M</strong> (6.20% of circulating supply).</li>
 <li><strong><a class="wpil_keyword_link" href="https://captainaltcoin.com/cardano-ada-price-prediction/" title="ADA" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">ADA</a> (Cardano)</strong>: 18.53M tokens, valued at <strong>$6.50M</strong> (0.05% of circulating supply).</li>
</ul>
<p><strong>Large Token Linear Unlocks (10/8 – 10/14):</strong> Tokens that will experience a gradual release over time (linear unlock).</p>
<ul class="wp-block-list">
 <li><strong>SOL (Solana)</strong>: 524.03K tokens, valued at <strong>$78.57M</strong> (0.11% of circulating supply).</li>
 <li><strong>WLD</strong>: 37.23M tokens, valued at <strong>$74.45M</strong> (7.32% of circulating supply).</li>
 <li><strong>TAO</strong>: 71.76K tokens, valued at <strong>$46.17M</strong> (0.97% of circulating supply).</li>
 <li><strong>AVAX (Avalanche)</strong>: 700K tokens, valued at <strong>$19.11M</strong> (0.17% of circulating supply).</li>
 <li><strong>SEI</strong>: 35.20M tokens, valued at <strong>$15.52M</strong> (1.00% of circulating supply).</li>
 <li><strong>NEAR</strong>: 2.91M tokens, valued at <strong>$15.20M</strong> (0.26% of circulating supply).</li>
 <li><strong>DOT (Polkadot)</strong>: 2.81M tokens, valued at <strong>$11.94M</strong> (0.20% of circulating supply).</li>
 <li><a href="https://captainaltcoin.com/dogecoin-doge-gears-up-for-big-price-rally-as-familiar-bullish-pattern-reemerges-will-history-repeat/" target="_blank" rel="noopener noreferrer nofollow"><strong>DOGE (Dogecoin)</strong>:</a> 94.47M tokens, valued at <strong>$10.78M</strong> (0.06% of circulating supply).</li>
 <li><strong>SUI</strong>: 4.59M tokens, valued at <strong>$8.73M</strong> (0.17% of circulating supply).</li>
 <li><strong>FIL (Filecoin)</strong>: 2.24M tokens, valued at <strong>$8.52M</strong> (0.38% of circulating supply).</li>
 <li><strong>BEAM</strong>: 495.14M tokens, valued at <strong>$8.16M</strong> (0.96% of circulating supply).</li>
</ul>
<p><em><strong>Read also: <a href="https://captainaltcoin.com/investors-pouring-serious-money-into-trump-and-maga-meme-coins-following-elon-musk-pro-trump-speech/" target="_blank" rel="noopener noreferrer nofollow">Investors Pouring Serious Money Into TRUMP and MAGA Meme Coins Following Elon Musk Pro-Trump Speech</a></strong></em></p>
<h2 class="wp-block-heading" id="why-token-holders-should-be-careful">Why Token Holders Should Be Careful</h2>
<p>Token unlocks can be a big deal for crypto holders. When a lot of tokens hit the market at once, it can shake things up. Sometimes, people who’ve been waiting to sell their tokens do just that, and this can push prices down. It’s not always bad news, but it’s something to watch out for.</p>
<p>These unlocks can change how many tokens are out there for trading. More tokens available might mean the price could drop, at least for a bit. It’s not set in stone, but it’s happened before with other cryptocurrencies.</p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></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/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" 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-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>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. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </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/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/traders-be-careful-large-token-unlocks-coming-for-sol-tao-ada-and-other-cryptos/" rel="noopener noreferrer nofollow">Traders, Be Careful! Large Token Unlocks Coming for SOL, TAO, ADA, and Other Cryptos</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Traders, Be Careful! Large Token Unlocks Coming for SOL, TAO, ADA, and Other Cryptos

Table of Contents

CaptainAltcoin

Other articles published on Oct 7, 2024

Lamborghini to Unveil Web3 Platform "Fast ForWorld" With Animoca Brands

Rekt Capital Analyzes Bitcoin’s Support Levels and Potential Market Movements

Ethereum’s EIP 7781: A Game-Changer to Narrow Down Solana’s Lead?

NFT Sales Soar 18% In The Past 7 Days, As DMarket NFTs Explode +1,000% In Sales

Bitcoin: Monitor The Key Figures Of This Week!

LINK and NEAR Suffer Double Digit Losses; Attention Turns To ERC20 Altcoin Reaping 200% Gains

Join our free newsletter for daily crypto updates!