Un-lock activities are closely followed in the crypto market as the related altcoin project changes the token supply in the market. Traders and investors adjust positions based on these events that are likely to affect altcoin prices. That’s why we have prepared for our readers the un-lock events that will be on the agenda of the next week in the crypto world.
We start the week with a busy token un-lock event.
We will enter the new month and week in the crypto market with intense un lock activity. On Monday, May 1, Swipe (SXP), Circle of Merit (MC), Forta (FORT), StakeWise (SWISE) will unlock tokens. Swipe will release 1.79 million SXP, while Merit Circle will dump 4.41 million MCs. Forta will unlock 6.25 million FORT and StakeWise 15.79 million SWISE. Un-locked SWISE is worth watching as it accounts for 6% of the total market cap.
On the schedule of the second day of the week, there is an un-lock event of Hooked Protocol (HOOK), Orbler (ORBR), Agoric (BLD) and Biconomy (BICO). Hooked will release 4.17 million HOOKs, equivalent to about 8% of the total market value. Orbler will unlock 68.34 million ORBRs. Agoric and Biconomy will unlock 40.35 million BLD and 7.46 million BICO, respectively. Agoric is worth watching as it will unlock the equivalent of around 10% of the total market value of the token.
Wednesday, cryptocoin.comAs you can follow, Sui (SUI), which is preparing to enter Binance’s list, has an un-lock activity. The altcoin project will release 184.65 million SUIs.
Altcoins will continue in the same tone in the second half of the week.
On Thursday, un-lock events will create a very busy agenda. Because Tokemak (TOKE), Near Protocol (NEAR), Efinity Token (EFI), Rally (RLY), Meta Apes PEEL (PEEL) and Mines of Dalarnia (DAR) have events. Tokemak will attract attention. Because it will dump 5.92 million TOKEs, which corresponds to 42% of the total market value, to the market. Also, Meta Apes PEEL will unlock PEEL equivalent to 19% of the total market value.
By the way, Friday’s schedule includes Galxe (GAL), Vega Protocol (VEGA). Over the weekend, Talken (TALK) and Alien Worlds (TLM) will release the tokens on Saturday. Alien Worlds will un-lock $155.64 million TLM, which is 4% of the total market capitalization. We will close the week with Automata (ATA), Bloktopia (BLOK) and Myria (MYRIA). Also, Automata and Bloktopia will unlock as high as 16% and 21% of their tokens, respectively, based on their total market capitalization. So, it will probably be on the radar of traders. Related altcoin projects will dump 58.09 million ATA and $3.67 billion BLOCK, respectively.
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