In the upcoming critical week in the cryptocurrency market, many altcoins will experience token unlocking events, along with the expectation of approval of Bitcoin Spot ETFs. Here are the details…
Locks are being opened for these altcoin projects
First of all, KAP Games is preparing for the $5.29 million token opening event, which accounts for 38.18% of the market value. Hypercycle will unlock $21.45 million worth of tokens on January 8, 2023. Sei, which has a market cap of $21.39 million, unlocks $1.63 million worth of tokens, representing 0.13% of the market cap. The event is planned to be held on January 8, 2023. With a market cap of $226.46 million, Neon EVM will unlock $4.35 million worth of tokens, which is 1.92% of the market cap. The unlock event is scheduled for January 8, 2023.
GMT, valued at $699.81 million, will unlock $38.98 million worth of tokens, accounting for 5.57% of the market cap. The unlock event is scheduled for January 9, 2023. LookRare will unlock $2.22 million worth of tokens, representing 2.92% of the market cap. The event is planned for January 10, 2023. Sipher, valued at $56.47 million, unlocks $9.63 million worth of tokens, accounting for 17.03% of the market cap. The unlock event is scheduled for January 10, 2023. On the same day, Cheelee is set to unlock a significant amount of tokens worth $231.00 million, accounting for 28.45% of the market cap. Also on January 10, ChainGPT unlocks $7.60 million worth of tokens, accounting for 13.83% of the market cap.
Many tokens will be unlocked in the middle of the week
Altcoin Internet Computer, valued at $5.43 billion, will unlock $38.92 million worth of tokens, representing 0.73% of its market cap. The unlock event is scheduled for January 11, 2023. Gods Unchained will unlock $2.01 million worth of tokens, accounting for 2.40% of the market cap. The event is planned for January 11. Goldfinch unlocks $1.63 million worth of tokens, representing 1.95% of market cap. The unlock event is scheduled for January 11, 2023.
On January 11, WeWay will unlock $2.23 million worth of tokens, accounting for 7.25% of its market cap. BMEX, which also had a market value of $29.42 million on January 11, is preparing to unlock $4.24 million worth of tokens, accounting for 14.40% of the market value. Cripco will unlock $2.37 million worth of tokens on January 12, 2023, with market value undisclosed. Also on January 12, Aptos, valued at $2.75 billion, is set to unlock $221.03 million worth of tokens, accounting for 8.05% of its market cap.
What other coins are there?
On January 12, Oasys will unlock $11.92 million worth of tokens, accounting for 10.07% of the market cap. Karate Combat, valued at $27.83 million, unlocks $2.43 million in tokens, accounting for 8.75% of the market cap. Fracton will unlock $4.01 million worth of tokens on January 12, 2023. Parallel Finance will unlock $1.40 million worth of tokens on January 12, 2023. Boba Network, which has a market cap of $40.02 million, is preparing to unlock $1.75 million worth of tokens, accounting for 4.37% of the market cap. The unlock event is scheduled for January 12, 2023.
DappRadar is preparing to unlock $1.29 million worth of tokens, accounting for 18.76% of the market cap. The unlock event is scheduled for January 13, 2023. Additionally, Centrifuge will unlock $1.85 million worth of tokens, representing 0.59% of the market cap. On January 14, RSS3 will unlock $2.52 million worth of tokens, accounting for 4.73% of the market cap. Also on January 14, Biconomy unlocks $7.42 million worth of tokens, accounting for 3.65% of the market cap.
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