The cryptocurrency market went into rest mode after a run, with leading crypto Bitcoin falling from over $30,000 to below $28,000, while most altcoins saw double-digit losses on the weekly timeframe. However, the crypto world continues to spin, and projects including Mask Network have a pretty busy schedule of unlock events in the new week.
RBN and MASK into the new week we start with token un-lock
cryptocoin.com As we have reported, we will start the new week with the unlock event of Ribbon Finance (RBN) and Mask Network (MASK). The ribbon will unlock tokens worth $3.60 million, or about 3.15% of the market cap. Mask Network, on the other hand, will bring approximately $2.97 million tokens to the market, 0.86% of the market value.
On the second day of the week, 4.84% of the market capitalization, that is, Acala Network (ACA of $ 2.67 million), a high amount of 14.77% of the market value of H2O Dao (H2O) with a value of 4 million dollars, and again 23.41% of the market capitalization is quite high and we will witness the un-lock event of the Pintu Token (PTU) worth $1.91 million.
Wednesday will be a very busy token unlock event, with GateToken (GT) worth $34.73 million, Euler (EUL) $1.70 million, Dogechain (DC $5.17 million), BreederDAO (BREED) $2.24 million, and 3 The $.34 million Gitcoin (GTC) token will meet the market. Attention is needed for BREED here, because much more than the amount of tokens in the market (150.52% of the market value) will be dumped into the market. It is worth paying attention to, as this is likely to create serious fluctuations in the price of the token.
The second half will also be busy for unlocking
Ronin Network (RON) will continue its un-lock event, unlocking $24.56 million worth of tokens, which corresponds to 10.70% of the market capitalization, on Thursday. It will be followed by the $1.79 million Ludena Protocol (LDN), $12.08 million Flow (FLOW), $12.56 million Axelar (AXL) and $2.80 million ApeX (APEX) unlock event. On Thursday, ApeX will be watched carefully as it will release the token equivalent to 27.87% of the market capitalization.
On the last business day of the week, Yield Guild Games (YGG) for $3.22 million, Radicle (RAD) for $2.74 million, Axie Infinity (AXS) for $21.57 million, 2.33% of market capitalization, 3, The $17 million GensoKishi Metaverse (MV), $1.01 million Chromia (CHR), $1.09 million Inery (INR) and $1.15 million Fetch.ai (FET) un-lock event are planned. Popular metaverse coin Axie Infinity and recently popular artificial intelligence coin Fetch.ai will attract attention. However, Fetch.ai is not expected to have as much market impact as AXS as the unlock amount is around 0.3%.
On Saturday alone, WOO Network (WOO) had $4.53 million in token unlock events, which is low (about 1%) by market cap. On Sunday, the Celo (CELO) and Illuvium (ILV) un-lock event will close the week. Celo will release $1.37 million in tokens, while Illuvium will release $2.53 million in tokens. A relatively low amount of tokens, such as 0.45% and 0.95%, will be released into the market according to market values.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.