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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/crypto-market-prepares-for-july-unlocks" data-wpel-link="internal" rel="noopener noreferrer nofollow">Crypto Market Prepares for July Unlocks</a><br></p>
<p style="text-align: justify">As July nears, the crypto market is bracing for an extensive <a href="https://en.bitcoinhaber.net/fed-decision-impacts-crypto-prices" data-wpel-link="internal" rel="noopener noreferrer nofollow">token</a> unlocking phase, involving projects valued at around $3 billion. Token unlocking refers to the scheduled release of virtual coins to avoid the sudden sale of large quantities by early <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a> or team members.</p>
<h2 id="unlocking-events-worth-billions">Unlocking Events Worth Billions?</h2>
<p style="text-align: justify">Analysts suggest this unlocking could heighten selling pressure on digital assets, possibly impacting the broader market. CryptoRank, a prominent research platform, identified the top 10 unlocking events for July, which will collectively release over $3 billion in crypto assets, including more than $100 million within the first week.</p>
<p style="text-align: justify">Notably, the Ethereum-based platform AltLayer is set to unlock roughly 684 million tokens, valued at $119 million, on July 25. Data indicates that these assets account for 22% of their total market value, and they will be distributed among the team, investors, advisors, development protocols, treasury, and community.</p>
<p style="text-align: justify">Additionally, Aptos, a Layer-1 blockchain, and Arbitrum, an Ethereum Layer-2 network, will continue their monthly unlockings, collectively releasing $150 million worth of tokens for their teams, advisors, and investors.</p>
<h2 id="which-details-are-notable">Which Details Are Notable?</h2>
<p style="text-align: justify">Worldcoin, a contentious player in the blockchain sector, will unlock a substantial portion of its tokens on July 24. This will see the release of 6.62 million WLD tokens, valued at about $18 million daily over a span of 730 days, assigned to the community, initial development team, and investors.</p>
<p style="text-align: justify">Other significant unlockings in July include Uniswap (UNI), Ronin (RON), SUI, ImmutableX (IMX), SEI, Starknet (STRK), and Ethereum Name Service (ENS). Uniswap is set to release 8.33 million UNI tokens, valued at $77.88 million, on July 16. Meanwhile, Ronin will unlock 35.71 million RON tokens, worth $76.32 million, starting July 27.</p>
<h2 id="investor-takeaways">Investor Takeaways</h2>
<ul>
 <li>Anticipate increased market volatility due to the unlocking of $3 billion in crypto assets.</li>
 <li>Monitor specific dates, notably July 25, for significant token releases by AltLayer.</li>
 <li>Evaluate the potential impacts on investments in Ethereum-based projects and Layer-1 and Layer-2 networks.</li>
 <li>Stay informed about Worldcoin’s daily release of WLD tokens over two years, starting July 24.</li>
 <li>Keep an eye on Uniswap and Ronin’s unlocking events for potential market movements.</li>
</ul>
<p style="text-align: justify">The July token unlockings are poised to bring notable shifts to the crypto market, making it crucial for investors to stay alert and informed.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/crypto-market-prepares-for-july-unlocks" data-wpel-link="internal" rel="noopener noreferrer nofollow">Crypto Market Prepares for July Unlocks</a></h5>

Crypto Market Prepares for July Unlocks

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