We say goodbye to another week in the cryptocurrency market. There are developments in the coming week that are an alarm for many altcoins. Because token lock openings are on the horizon. To keep you informed, we have compiled a list of expected token unlocks for the new week.
Here are this week’s altcoin unlock events
This week, between 3-9 July, there are unlock events for 15 altcoins, in other words, token unlocking events. Looking at cryptocurrencies, Sui (SUI) will unlock $23.39 million this week. Altcoin SUI has a market cap of approximately $357 million. Accordingly, the token unlock corresponds to approximately 6.55% of the market value. Tokemak (TOKE) will unlock $4.07 million. Accordingly, it corresponds to 37.90% of the market value. Tokemak has a market capitalization of approximately $11 million. SUI and Tokemak token unlock dates are July 3rd.
Near (NEAR) will unlock approximately $11.3 million. With a market value of $ 1.34 billion, the ratio of the token lock to be opened by NEAR is not even 1%. Another altcoin is Mines of Dalarnia (DAR). It will unlock $1.76 million. This figure corresponds to 5% of the market value. Also, altcoin dYdX (DYDX) will unlock $13.63 million. Compared to its market cap of $356 million, the unlocked amount corresponds to about 4%. The token unlock dates for these three cryptocurrencies are July 4.
Other cryptocurrencies
On July 5, altcoin Frutti Dino (FDT) and Galxe (GAL) will unlock tokens. Frutti Dino (FDT) will unlock $1.35M tokens. On the other hand, Galxe (GAL) token will unlock $1.39 million worth of tokens. On July 6, Talken (TALK) will be unlocked. The market cap of the token is $21.77 million. The $1.33 million token will be unlocked. On the other hand, on July 7, 3 altcoins will unlock. These are Alien Worlds (TLM), Bloktopia (BLOK), and Myria (MYRIA). Alien Worlds (TLM) will unlock $2.62 million. Altcoin Bloktopia (BLOK) will unlock $6.51 million. Myria (MYRIA) will unlock $1.14 million.
On July 8, there is an unlock event for 3 altcoins. These are Vela Exchange (DXP), Capital DAO (KAP) and Hypercycle (HYPC). On the other hand, altcoin Vela Exchange (DXP) will unlock $2 million. Capital DAO (KAP) will unlock $1.21 million. On the other hand, Hypercycle (HYPC) will unlock $5.62 million. cryptocoin.com Finally, on July 9, altcoin STEPN (GMT) will unlock the token. The value of the token lock to be opened is approximately $ 20 million.
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