Token Unlocks stated in a tweet earlier today that more than $27.5 million tokens will be unlocked this week. Several tokens are scheduled to be unlocked this week, which could potentially affect the supply and prices of the respective tokens. Your biggest locks ARKM and is expected to open for AXS. In the coming days, approximately 150 million ARKM and 21.8 million dollars worth of AXS will be put into use. will be presented.
🔓This week’s cliff unlocks are over $27.5 m 🔓
NEWS CONTINUES BELOW🔥Highlights are $ARKM & $AXS🔥$ARKM 15% – 150m tokens 🌟$AXS 3% – $21.8m 🌟$ID 5.3% – $4m
$X2Y2 12.8% – $0.98m$EUL 0.8% – $0.36m$CTSI 0.2% – $0.24m#1INCH 0.04% $0.19m( % circ. supply )
NEWS CONTINUES BELOWLink ⛓️ : https://t.co/8XoTR8tBPT pic.twitter.com/RpiJCNGfVX
— Token Unlocks (@Token_Unlocks) July 17, 2023
NEWS CONTINUES BELOW
ARKM and AXSIn addition to , other tokens such as Space ID (ID) and X2Y2 will be unlocked for $4 million and $0.98 million respectively. Euler (EUL), Cartesi (CTSI) and 1INCH will also experience unlocks for $0.36 million, $0.24 million and $0.19 million respectively.
ARKM and AXS are the highlights as they will witness the unlocking of 15% of ARKM and 3% of AXS’ circulating supply token. Additionally, ID will witness 5.3%. EUL will unlock 0.8%, CTSI 0.2% and 1INCH 0.04% of circulating supplies.
Investors are likely to decide to sell some or all of their holdings as these tokens become available. This could potentially have a negative impact on prices. Crypto It is important that market participants in the field are aware of the news. Because the prices of these tokens usually rally in the weeks before the token unlocks.
AXS is trading at $6.27 without major price action in the past 24 hours. ID is trading at $0.2725, while X2Y2 is trading at $0.02575, up 2% over the past 24 hours.
The token that stands out in the list is 1INCH. The token has gained 6% in the last 24 hours, trading at $0.4511. The daily trading volume also increased by over 200%.