Attention for 26 Altcoins This Week: Locks Will Be Opened!

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Parallel to Bitcoin’s downward trend, altcoins also experienced declines. However, in the last hours of last week, BTC and altcoin projects also experienced an increase. This week, lock openings continue intensively. So, how will the markets react to these lock openings?

Altcoin projects are unlocked

Lock openings continue intensively this week. This week, a significant amount of tokens will be unlocked across 26 different altcoins between May 6 and May 12. The impact of these unlocks on the market value may vary depending on the amount of tokens and market conditions. The altcoins most affected by unlocking and their dates are as follows:

  • Cheelee (CHEEL): $364.35 million worth of tokens will be unlocked. This amounts to 43.53% of the market capitalization. (Date: 10 May 2024, 12:00)
  • Masa Network (MASA): $28.83 million worth of tokens will be unlocked. This amounts to 172.87% of the market capitalization. (Date: 11 May 2024, 14:00)
  • Aptos (APT): $103.96 million worth of tokens will be unlocked. This is equivalent to 2.64% of the market capitalization. (Date: 12 May 2024, 03:00)

Other important unlocks and dates:

  • AltLayer (ALT): $1.29 million worth of tokens will be unlocked. (Date: May 6, 2024)
  • Heroes of Mavia (MAVIA): $29.75 million worth of tokens will be unlocked. (Date: May 6, 2024)
  • Sei (SEI): $1.31 million worth of tokens will be unlocked. (Date: May 6, 2024)
  • Automata (ATA): $8.86 million worth of tokens will be unlocked. (Date: May 7, 2024)
  • Boson Protocol (BOSON): $1.40 million worth of tokens will be unlocked. (Date: May 7, 2024)
  • WiFi Map (WIFI): $2.83 million worth of tokens will be unlocked. (Date: May 7, 2024)
  • Hashflow (HFT): $4.40 million worth of tokens will be unlocked. (Date: May 7, 2024)
  • KAP Games (KAP): $7.23 million worth of tokens will be unlocked. (Date: May 8, 2024)
  • Port3 Network (PORT3): $1.48 million worth of tokens will be unlocked. (Date: May 8, 2024)
  • DAO Maker (DAO): $13.26 million worth of tokens will be unlocked. (Date: May 9, 2024)
  • GMT: $19.98 million worth of tokens will be unlocked. (Date: May 9, 2024)
  • Cetus Protocol (CETUS): $2.23 million worth of tokens will be unlocked. (Date: May 10, 2024)
  • Internet Computer (ICP): $31.56 million worth of tokens will be unlocked. (Date: May 11, 2024)
Analyst: These 2 Altcoins are waiting for an opportunity to jump to these levels!

Watch out for those cryptos in the last days of the week

On May 11 and May 12, the following altcoins will be unlocked:

  • Goldfinch (GFI)
  • Gods Unchained (GODS)
  • BitMEX (BMEX)
  • WeWay (WWY)
  • Moonbeam (GLMR)
  • Oasys (OAS)
  • Boba Network (BOBA)
  • GameGPT (DUEL)

The impact of unlocks on the market will vary depending on investor interest in these tokens and general market conditions. Investors should conduct detailed research and consider the risks before investing in lock-in expansions.

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