Token

Cryptocurrency

Starknet

Pyth Network

<p>The cryptocurrency market is gearing up for a series of substantial token unlocks in May, with over $3 billion worth of tokens set to be <a href="https://twitter.com/wacy_time1/status/1784650792122585466" target="_blank" rel="noopener noreferrer nofollow">released</a> across various projects. Among the most notable unlocks are $1.26 billion in $PYTH tokens on May 20, $1.01 billion in $SUI tokens on May 3, and $334 million in $AVAX tokens on May 22.</p>
<p>Other significant unlocks include $147 million in $MEME tokens on May 3, $105 million in $ARB tokens on May 16, and $83 million in $MERL tokens on May 19. These unlocks have the potential to impact token prices and market sentiment, presenting both challenges and opportunities for investors.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="952" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-1303-952x1024.png" alt="" class="wp-image-483553" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-1303-952x1024.png 952w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1303-279x300.png 279w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1303-768x826.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1303-1428x1536.png 1428w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1303-1903x2048.png 1903w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1303-139x150.png 139w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1303-100x108.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1303-325x350.png 325w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1303-788x847.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-1303.png 632w" sizes="(max-width: 952px) 100vw, 952px">
</figure>
<h2 class="wp-block-heading" id="pyth-network-pyth-unlock-a-potential-entry-point">Pyth Network ($PYTH) Unlock: A Potential Entry Point</h2>
<p>On May 20, the Pyth Network ($PYTH) plans to unlock $1.26 billion in tokens, which accounts for a staggering 141% of the current market cap. The unlocked tokens will prioritize ecosystem development and rewards, and the $PYTH staking feature has already sparked airdrops from various projects.</p>
<p>According to analyst Alex Wacy, if the price reacts to the unlock, it could present a favorable entry point for acquiring airdrops and profiting from the coin itself. Wacy’s strategy involves buying $PYTH, staking 50% of the tokens, and selling the unstaked 50% once the price doubles.</p>
<p>The remaining coins would be kept in staking for additional income through airdrops, taking advantage of the fact that $PYTH won’t undergo its next unlock until 2025.</p>
<h2 class="wp-block-heading" id="starknet-strk-unlock-potential-for-price-manipulation">Starknet ($STRK) Unlock: Potential for Price Manipulation</h2>
<p>Starknet ($STRK) will see an $82 million token unlock on May 15, with all tokens allocated to investors and early contributors. Wacy anticipates that L1 and L2 blockchains will perform well during the alt season, as they are clearer for major retail investors, along with <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="memes" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">memes</a>.</p>
<p>However, Wacy believes that holding onto Starknet for the long term might not be advisable due to its massive fully diluted valuation (FDV). Instead, the unlock could be seen as an opportunity to enter the alt season with significant volume, with potential price manipulation similar to what occurred with $APT.</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 $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="merlin-merl-unlock-a-project-to-watch">Merlin ($MERL) Unlock: A Project to Watch</h2>
<p>Merlin ($MERL) is set to unlock $83 million in tokens on May 19. Wacy has expressed interest in buying $MERL tokens at a more favorable price point, citing the project’s huge total value locked (TVL), strong backing from major investors, and well-designed tokenomics featuring linear vesting.</p>
<p>Wacy believes that Merlin has the potential to demonstrate power during the upcoming altcoin season and could be the next $STX. Although the current price is on a sharp decline, this is a common occurrence. If the price responds to the unlock, Wacy may consider buying more aggressively.</p>
<p>The upcoming token unlocks in May present both challenges and opportunities for the cryptocurrency market. As over $3 billion in tokens are set to be released, investors must stay informed and adapt their strategies accordingly.</p>
<p>While some unlocks, such as $PYTH, may present favorable entry points, others, like $STRK, could be subject to price manipulation. Projects like Merlin ($MERL) show promise and may be worth considering for investment.</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</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/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <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-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <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="noopener noreferrer nofollow"> 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-cryptocurrency-token-unlocks-this-week-including-pyth-network-pyth-sui-and-more/" rel="noopener noreferrer nofollow">Top Cryptocurrency Token Unlocks This Week, Including Pyth Network (PYTH), SUI, and More</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Top Cryptocurrency Token Unlocks This Week, Including Pyth Network (PYTH), SUI, and More

目錄

CaptainAltcoin

在 2024年4月29日發表的其他文章

Hong Kong’s Bitcoin And Ethereum ETFs To Exceed 1st Day Of US ETFs Of $125 M Inflow

Ethereum Whales Dump 56K Coins, Is More ETH Price Correction Ahead?

This Nvidia Partner And Bitcoin Miner Stock Could Surge By 50%, Say Analysts

Japanese Yen Gains Strongly Against the US Dollar

Google opens applications for Startups AI Accelerator Africa. Here is how to apply

Raffle Coin’s Presale Debut Signals a New Chapter in Crypto Raffles, Backed by Cardano and Solana...

訂閱免費電子報，每天收取加密貨幣最新動態！