Huge Quantities Will Enter Circulation!

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The cryptocurrency market has left behind a red week. Meanwhile, very interesting altcoin lock openings in the new week will attract the attention of investors. Especially a $1 billion lock opening in an altcoin makes the market uneasy. Here are the details…

Huge unlocking at AEVO

Aevo (AEVO), which was recently launched through Binance’s Launchpool project, is preparing to make its mark on the week. Because on Wednesday, May 15, 2024, around 08:00 CET, there will be a token lock opening of approximately 1 billion dollars. This is a pretty big figure for an altcoin with a market cap of $132 million. Because the tokens that will be put into circulation mean 752% of AEVO’s tokens in circulation.

cryptokoin.com As we reported yesterday, some analysts stated that it might be healthy to stay away from the altcoin this week due to AEVO’s massive unlocking. Meanwhile, AEVO’s vesting table is calculated based on the RBN vesting schedule, with the assumption that all tokens can be converted immediately after unlocking. RBN holders can convert their RBN to AEVO at a 1:1 ratio. As a result of these token unlocks, a significant portion of AEVO’s maximum supply will be put into circulation. AEVO price is trading at $1.13 at the time of writing this article. It has fallen by 8 percent in the last 24 hours, in line with the broad downward wave in the market.

What are the other important altcoin lock openings?

Meanwhile, in addition to AEVO’s surprising $1 billion unlocking, 33 other altcoins are being unlocked throughout the week. The unlocking dates for the cryptocurrencies in question are as follows:

  • Games for a Living (GFAL) – 13 May, 03:00
  • DappRadar (RADAR) – 13 May, 08:00
  • AltLayer (ALT) – May 13, 09:00
  • Sei (SEI) – May 13, 18:00
  • RSS3 (RSS3) – 14 May, 03:00
  • Biconomy (BICO) – 14 May, 08:00
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  • Artificial Liquid Intelligence (ALI) – 14 May, 08:00
  • Voxies (VOXEL) – May 14, 12:00
  • dYdX (DYDX) – May 14, 18:00
  • Zebec Network (ZBC) – May 15, 03:00
  • Humanode (HMND) – May 15, 03:00
  • Highstreet (HIGH) – 15 May, 08:00
  • CLV (CLV) – 15 May, 08:00
  • Sidus (SIDUS) – May 15, 09:00
  • StarkNet (STRK) – May 15, 15:00
  • CyberConnect (CYBER) – May 15, 18:00
  • Arbitrum (ARB) – 16 May, 03:00
  • LimeWire (LMWR) – May 16, 03:00
  • Uniswap (UNI) – May 16, 07:00
  • The Graph (GRT) – 17 May, 03:00
  • Velo (VELO) – May 17, 03:00
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  • SuperRare (RARE) – May 17, 03:00
  • BBS Network (BBS) – 17 May, 03:00
  • Oxygen (OXY) – May 17, 03:00
  • Immutable (IMX) – 17 May, 08:00
  • ApeCoin (APE) – May 17, 09:00
  • Oasis Network (ROSE) – May 18, 03:00
  • Ondo Finance (ONDO) – 18 May 2024, 16:00
  • Aurora (AURORA) – 19 May 2024, 03:00
  • BENQI (QI) – 19 May 2024, 03:00
  • Numbers Protocol (NUM) – 19 May 2024, 03:00
  • Pixels (PIXEL) – 22 May 2024, 13:00
  • Land Of Conquest (SLG) – 22 May 2024, 14:00

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