Token

Cryptocurrency

Manta Network

Impact

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/token-unlocks-impact-altcoin-market-next-week/" data-wpel-link="internal">Token Unlocks Impact Altcoin Market Next Week</a> 
Cryptocurrency world will see four altcoins become significant next week due to token unlocks. Token unlocks can affect a token’s market liquidity. Increased supply from token unlocks can facilitate buying and selling for investors. However, it can also lead to price shifts and difficulties in executing large transactions. 
<h2 style="text-align: justify" id="token-unlocks-in-these-altcoin-projects-next-week">Token Unlocks in These Altcoin Projects Next Week</h2> 
The release of locked tokens can increase price volatility as investors react to new tokens entering the market. Significant price fluctuations may occur depending on <a href="https://finance.coin-turk.com/" data-wpel-link="external" target="_blank" rel="nofollow noreferrer">market conditions</a> and investor sentiment. The Pixels ecosystem will release 54.37 million PIXEL tokens starting Sunday, May 19. This amount represents 7.05% of the circulating supply, valued at approximately $19.02 million at current prices. 
PYTH will conduct the largest unlock in the series. On Monday, May 20, 2.13 billion PYTH tokens worth $906.09 million will be unlocked. These tokens account for 141.67% of the circulating supply. 
<img loading="lazy" loading="lazy" decoding="async" class="wp-image-352989 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/pyth.png" alt="" width="658" height="737"> 
On Wednesday, May 22, the <a href="https://en.coin-turk.com/avalanches-remarkable-transformation-a-premonition-of-an-upcoming-rally/" data-wpel-link="internal">Avalanche</a> network will unlock 9.54 million AVAX tokens worth $329 million, representing 2.49% of the circulating supply. On the same day, Space ID will unlock 18.49 million ID tokens worth $13.21 million, representing 4.29% of the circulating supply. 
<h2 style="text-align: justify" id="token-unlocks-today">Token Unlocks Today</h2> 
Looking closer, there are a few token unlocks to watch this weekend. Among them, the Manta Network will release 6.67 million MANTA tokens on Saturday, May 18, representing 2.66% of the circulating supply. These tokens will have a total value of $10.40 million. 
On the same date, Oasis Network will release 171 million ROSE tokens. These tokens are valued at $14.82 million and represent 2.54% of the circulating supply. 
While token unlocks are often seen as a catalyst for price drops, well-structured unlock programs can support the long-term sustainability of projects. 
Strategically structured token unlock programs, aligned with project milestones and development progress, can incentivize team members, increase community engagement, and contribute to ecosystem growth. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/token-unlocks-impact-altcoin-market-next-week/" data-wpel-link="internal">Token Unlocks Impact Altcoin Market Next Week</a></h5>

Token Unlocks Impact Altcoin Market Next Week

目錄

COINTURK NEWS

在 2024年5月18日發表的其他文章

Bitcoin Price Predicted To Rise Due To 'Demand And Supply Dynamics,' Says Analyst As King Crypto ...

Analyst Predicts Major AI Altcoin Rally

Why Did OpenAI Researchers Resign?

Cryptocurrency Revolution in Asia: Companies Announce Plans

Token Unlocks Influence Crypto Prices

Param Labs Raises $7 Million to Revolutionize Web3 Gaming Infrastructure

訂閱免費電子報，每天收取加密貨幣最新動態！