Hot Development for Eight Altcoins: Tens of Millions of Tokens Will Be Unlocked!

0

According to Token Unlocks data, between November 27 and December 3, many altcoin The token will be unlocked in the network. An unlock event will take place on YGG, AGIX, DYDX, NYM, OP, ACA, 1INCH and TORN tokens.

  • Yield Guild Games (YGG) will unlock 16.69 million tokens (approximately $6.36 million) on November 27, accounting for 5.84% of the circulating supply.
  • SingularityNET (AGIX) will open 9.39 million tokens (approximately $2.9 million) on November 28, accounting for 0.76% of the circulating supply.
  • The leading altcoin DYDX token will unlock 2.16 million tokens (approximately $7.36 million) on November 28, accounting for 1.2% of the circulating supply.
  • NYM token will open 25 million tokens (approximately $3.91 million) on November 29, accounting for 4.1% of the circulating supply.
  • Optimism (OP) will unlock 24.16 million tokens (approximately $43.49 million) on November 30, accounting for 2.74% of the circulating supply.
  • Acala (ACA) will unlock 27.43 million tokens (approximately $1.62 million) on December 1, accounting for 3.31% of the circulating supply.
  • 1inch token 1INCH will unlock 98.74 million tokens (approximately $35.07 million) on December 1, accounting for 9.48% of the circulating supply.
  • Tornado Cash token TORN will open 22,840 tokens (approximately $84,900) on December 3, accounting for 0.6% of the circulating supply.

As we reported as Koinfinans.com, unlocking tokens in altcoins generally increases the supply and creates a negative pressure on the price.

source site-7