Investors Bitcoin (BTC) And altcoin It closely follows the cryptocurrencies that will be unlocked as well as the price increase.
In this context, Chinese crypto journalist Wu Blockchain shared the altcoins that will be unlocked in March.
According to data from research firm Token Unlocks, 16 altcoins are expected to be unlocked in March.
Among these altocins 1inch (1INCH), Galxe (GAL), Nym (NYM), Tornado Cash (TORN), Moonbeam (GLMR), Aptos (APT), Sweat Economy (SWEAT), dYDx (DYDX), BitDAO (BIT), Euler (EUL) ), ApeCoin (APE), Stargate Finance (STG), Acala (ACA), ImmutableX (IMX), LooksRare (LOOKS), and Yield Guild Games (YGG) exists.
Some of the altcoins and their values in the report of Token Unlocks, which are expected to be unlocked in March, are as follows:
“On March 12, $59 million of APT,
On March 14, $20 million DYDX
On March 15, 100 million dollars of BIT
On March 17, the $210 million APE
On March 25, $19 million of IMX will be unlocked.”
According to TokenUnlocks:
$59m APT will be unlocked on March 12
$20m DYDX on March 14
$100m BIT on March 15
$210m APE on March 17
$19m IMX on March 25
In addition, large amounts of GLMR LOOKS YGG STG will be unlocked on March.
Read more: https://t.co/tuQYnSlfTZ— Wu Blockchain (@WuBlockchain) March 1, 2023
Although unlocking the tokens does not mean that there will be a direct sale, such developments can reduce the risk appetite and price for that token. In this context, experts remind that investors should be careful.
*Not investment advice.
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