Attention: There is a $34 Million Locked Token Opening for 2 Altcoins This Week!

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This week, 14 altcoins will be unlocked worth millions of dollars in total.

According to Tone Unlocks data 2 October-9 October between the dates 14 altcoins in the project approximately 45 million There will be a lock opening worth USD.

During lock openings, the supply in circulation is generally %oneThe release of more than 100,000 tokens would significantly increase the price. negative is reflected.

Watch out for Sui (SUI) and ImmutableX (IMX)!

Circulating supply in SUI during the week 4%corresponding to more than 20.4 million dollar The lock opening is expected to have a negative impact on the price. SUI experiences similar price movements with the unlocking it carries out every month and there is a decline in price. On the other hand, in ImmutableX, approximately $14 million It is estimated that this lock opening will have a negative impact on the price. Total in two altcoins $34 million lock opening will take place.

In addition DYDX, TORN, NYM, HFT And in X2Y2 circulating supply of locked tokens to be opened %oneIt is noteworthy that there are more than . of X2Y2 circulating supply 4%It is thought that the release of such a large amount to the market may cause intense sales pressure.

The cryptocurrencies that will be unlocked are as follows:

  • Sui (SUI): 17.1 million dollar worth 34.62 million units lock of existence 3 October 03.00 CET It will be opened as of. circulating supply 4% will be released. SUILock openings in total throughout the week 20.4 million dollar will find the token worth.
  • Joe (JOE): 13 thousand dollars worth 60 thousand units lock of existence 3 October 03.00 CET It will be opened as of. circulating supply 0.12% will be released. JOELock openings in total throughout the week 108 thousand dollar will find the token worth.
  • dYdx (DYDX): $4.4 million worth 2.16 million lock of existence 3 October 06.00 CET It will be opened as of. total supply 0.22%circulating supply 1.2% will be released.
  • Pendle (PENDL): 42 thousand dollar worth 56 thousand units lock of existence 4 October 03.00 CET It will be opened as of. circulating supply 0.02% will be released. pendleLock openings in total throughout the week 262 thousand dollar will find the token worth.
  • Tornado Cash (TORN): 74 thousand dollars worth 22 thousand lock of existence CET 3 October 06.06 It will be opened as of. circulating supply 1.5% will be released. TORNLock openings in total throughout the week 567 thousand dollar will find the token worth.
  • Liquidity (LQTY): 697 thousand dollar worth 657 thousand units lock of existence 5 October 03.00 CET It will be opened as of. circulating supply 0.7% will be released. LQTYLock openings in total throughout the week 778 thousand dollar will find the token worth.
  • 1inch (1INCH): 79 thousand dollars worth 287 thousand units lock of existence 5 October 03.00 CET It will be opened as of. total supply 0.02%circulating supply 0.03% will be released.
  • Galxe (GAL): 545 thousand dollars worth 416 thousand lock of existence 5 October 13.00 CET It will be opened as of. total supply 0.18%circulating supply 0.9% will be released.
  • Nym (NYM): $1.4 million worth 12 million pieces lock of existence 6 October 03.00 CET It will be opened as of. total supply 1.1%, circulating supply 2.26% will be released.
  • Hashflow (HFT): $1.12 million worth 3.23 million lock of existence 7 October 03.00 CET It will be opened as of. circulating supply 1.84% will be released. HFTLock openings in total throughout the week $1.14 million will find the token worth.
  • ImmutableX (IMX): $10.93 million worth 18.08 million lock of existence 7 October 13.00 CET It will be opened as of. circulating supply 1.5% will be released. IMXLock openings in total throughout the week $13.7 million will find the token worth.
  • Moonbeam (GLMR): 701 thousand dollars worth 3 million lock of existence 8 October 03.00 CET It will be opened as of. circulating supply 0.4% will be released. GLMRLock openings in total throughout the week $1.03 million will find the token worth.
  • X2Y2 (X2Y2): 151 thousand dollars worth 12.5 million lock of existence CET 9 October 02.48 It will be opened as of. circulating supply 4% will be released. X2Y2Lock openings in total throughout the week 210 thousand dollars will find the token worth.
  • GMX (GMX): 16 thousand dollars worth 416 thousand lock of existence 9 October 03.00 CET It will be opened as of. circulating supply 0.01% will be released. GMXLock openings in total throughout the week 118 thousand dollars will find the token worth.

General opinion on lock openings selling pressure Even if it is, it is not always the case. Especially In projects where lock opening rates are low increases can be seen.

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