The dynamic world of cryptocurrency promises significant developments with the unlocking of several altcoin tokens scheduled to take place next week. These events are closely watched by investors and enthusiasts alike, as they can have a significant impact on market dynamics. Here are the details…
Unlock dates for altcoin projects have arrived
One of the tokens that will be unlocked is Internet Computer (ICP), which currently has a market cap of $1.37 billion. On September 11, 2023, at 03:00, approximately $10.23 million worth of ICP tokens will become available, representing 0.75% of the market cap. Another altcoin on the agenda is Wilder World (WILD) with a market value of $55.82 million. The token unlock, scheduled for the same date and time, will release $1.11 million worth of tokens, accounting for 1.98% of the market cap. Similarly, Gods Unchained (GODS), valued at $41.19 million, will unlock tokens worth approximately $1.07 million (2.61% of Market Cap) at 03:00 on September 11, 2023.
Also, BitMEX (BMEX), with a market cap of $33.57 million, is gearing up for an important token unlocking event on the same date. A substantial amount of $6.24 million, equivalent to 18.57% of the market value, will be released at 03:00. Cripco (IP3) will issue approximately $1.18 million worth of tokens on the same date. This event represents an interesting addition to the crypto world. On September 12, 2023, at 03:00, Aptos (APT), with a market cap of $1.20 billion, will unlock $23.58 million worth of tokens, representing 1.98% of the market cap. This unlock event is expected to attract attention due to its potential impact on the liquidity of the coin. Following this, a token unlock is scheduled for Fracton Protocol (FT) September 12.
Unlocks in progress for RADAR, SWEAT, UXP and more
On September 13, 2023, at 03:00, Games for a Living (GFAL), with a market cap of $17.35 million, will unlock $5.46 million worth of tokens, representing 32.00% of the market cap. This event is expected to generate significant market interest. Simultaneously, DappRadar (RADAR), which has a market cap of $4.57 million, will unlock tokens worth $1.09 million, which is 23.90% of the market cap, at 08:00 on the same date. At 19:00, as we move forward to September 13, 2023, Sweat Economy (SWEAT), valued at $48.26 million, will see $4.34 million worth of tokens (8.99% of Market Cap) unlocked.
Thursday will be very busy for altcoin projects
On September 14, 2023, at 03:00 UTC, UXD Protocol Token (UXP) with a market cap of $48.50 million will release approximately $1.63 million worth of tokens, representing 3.37% of the market cap. RSS3, which has a market cap of $38.92 million, will also unlock tokens at 03:00 on September 14, 2023, releasing approximately $2.07 million worth of tokens, accounting for 5.34% of the market cap. Simultaneously, Gelato (GEL), valued at $24.08 million, will also hold a token unlock event at 03:00 on the same date, releasing $5.76 million worth of tokens (23.91% of Market Cap).
Also on September 14, 2023, at 08:00, Biconomy (BICO), which has a market value of $ 131 million, will unlock tokens worth $ 4.46 million, which is 3.39% of the market value. Additionally, Artificial Liquid Intelligence (ALI), which has a market cap of $56.33 million, will see $4.08 million worth of tokens (7.25% of Market Cap) unlocked at 08:00 on the same date. My Neighbor Alice (ALICE), which has a market value of $59.16 million, will launch tokens worth approximately $2.13 million, corresponding to 3.62% of the market value, on September 15, 2023 at 03:00. Zebec (ZBC), valued at $39.90 million, will also unlock its token on the same date and time, and $3.06 million worth of tokens (7.68% of Market Cap) will be released. NuCypher (NU), whose market value data is not available, will unlock tokens worth $ 1.06 million at 03:00 on September 15, 2023.
What is the importance of the unlock event?
On September 15, 2023, at 06:00, Perpetual Protocol (PERP), with a market cap of $50.27 million, will release tokens worth approximately $2.35 million, which is 4.77% of the market cap. Finally, BitDAO (BIT), for which market cap data is not provided, will unlock a key token worth $79.02 million at 7:00 AM on September 15, 2023. These planned token locks provide a comprehensive view of the cryptocurrency landscape, covering a variety of altcoins with different market caps. Market participants will monitor these events closely to assess their potential impact on market liquidity and price movements.
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