Ethereum

Token

Arbitrum

Million

<ul>
 <li>This $47.45 million ARB token unlock is expected to impact the price since Arbitrum is right at the center of Ethereum layer-2 solutions.</li>  
 <li>The token unlock from Velo, projected at $34.17 million, might stir up some volatile action in its cross-border payments ecosystem and hence can be tempting for long-term investors.</li>  
 <li>In general, token unlock events coincide with times of high liquidity and unpredicted price action, especially if some large-scale sell-offs set in for token holders.</li> 
</ul>  
<p>Token unlocks are lined up for this week in the cryptocurrency markets, as several leading projects release huge portions of their locked tokens. The new unlockings will significantly affect the prices, liquidity, and importantly, market dynamics of tokens. This week saw prominent projects like Arbitrum's $ARB, Velo $VELO, Space ID $ID, ZkSync Era $ZK, ApeCoin $APE, MerlinProtocol $MERL, and Lista $LISTA. Each unlocking has different implications for each market.</p>  
<h3 class="wp-block-heading" id="h-arbitrum-arb-47-45-million-unlock"><strong>Arbitrum ($ARB): $47.45 Million Unlock</strong></h3>  
<p>The next on the calendar is the <a href="https://cryptonewsland.com/pancakeswap-launches-first-ifo-on-arbitrum-featuring-eigenpie/" target="_blank" rel="noopener noreferrer nofollow">Arbitrum</a> $47.45 million token unlock. Being an integral player within the Ethereum layer 2 ecosystem, this unlock might see significant changes in the price of ARB. As it is crucial to Ethereum's scaling roadmap, investors will be keenly waiting to see how this additional supply of tokens will shape market sentiments around the cryptocurrency.</p>  
<h3 class="wp-block-heading" id="h-velo-velo-34-17-million-unlock"><strong>Velo ($VELO): $34.17 Million Unlock</strong></h3>  
<p>Velo is a blockchain platform focused on cross-border payment solutions that intend to unlock around $34.17 million worth of tokens. Such a huge amount of unlocking is surely going to influence the price fluctuation, mainly for those investors whose ultimate focus lies in the long-term prospects of growth. This unlock will shift focus toward Velo's growing importance in digital finance solutions.</p>  
<h3 class="wp-block-heading" id="h-id-id-26-22-million-unlock"><strong>ID ($ID): $26.22 Million Unlock</strong></h3>  
<p>The Space ID project operates in the spheres of digital identities and domain names, with its chain unlocking $26.22 million worth of tokens. The unlock could help raise the profile of the project in the market because an increased supply of tokens often triggers renewed investor interest.</p>  
<h3 class="wp-block-heading" id="h-zksync-era-zk-17-89-million-unlock"><strong>zkSync Era ($ZK): $17.89 Million Unlock</strong></h3>  
<p>ZKJ is related to zkRollups and Ethereum scaling. The token will unlock $17.89 million this week. With it being one of the most sought-after layer-2 solutions, the release of tokens from the zkSync Era might bring further liquidity and interest from investors with a penchant for Ethereum scaling solutions.</p>  
<h3 class="wp-block-heading" id="h-apecoin-ape-11-02-million-unlock"><strong>ApeCoin ($APE): $11.02 Million Unlock</strong></h3>  
<p>Because ApeCoin is associated with the Bored Ape Yacht Club ecosystem, its unlocking of $11.02 million tokens has come at a time of increased turbulence in the NFT market. It will, therefore, translate into strong price movements when events start to unravel in the larger market as a reaction to changes going on within the NFT market.</p>  
<h3 class="wp-block-heading" id="h-unlocks-merlinprotocol-merl-lista-lista"><strong>Unlocks MerlinProtocol ($MERL), Lista ($LISTA)</strong></h3>  
<p>There will also be substantial releases from MerlinProtocol, worth about $9.96 million, and Lista at $8.13 million. These unlocks are expected to shoot their respective ecosystems into an overdrive situation, especially in the spaces that have to do with DeFi, where sudden developments often project in market activities.</p> 
<p>The post <a href="https://cryptonewsland.com/token-unlocks-to-watch-this-week-arb-velo-ape-and-more/" rel="noopener noreferrer nofollow">Token Unlocks to Watch This Week: ARB, VELO, APE, and More</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Token Unlocks to Watch This Week: ARB, VELO, APE, and More

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