research company Token UnlocksAccording to a recent report from , 15 altcoins are expected to be unlocked in 2023.
The report will be unlocked altcoinIt is stated that the value of the projects will be 102 billion dollars.
15 listed in the report. altcoin The altcoin with the highest locked value among Ripple (XRP) appeared to be.
Accordingly, in 2023 approximately $18 billion worth of XRPWaiting for unlock.
Decentralized storage project after XRP Filecoin (FIL) appeared to be. The value of FIL, which is expected to be unlocked, is $ 4.9 billion.
ELEPHANTthird place after Optimism (OP) exists. The OP, which is expected to be unlocked, is also worth $3.7 billion.
Other altcoins in the report of Token Unlocks and expected to be unlocked in 2023 and their values are as follows:
- Chainlink (LINK) $2.9 billion
- BitDAO (BIT) $2.5 billion
- ApeCoin (APE) $2.3 billion
- STEPN (GMT) $1.4 billion
- Hedera (HBAR) $1 billion
- Axie Infinity (AXS) $1 billion
- dYdX (DYDX) $900 million
- Ethereum Name Service (ENS) $800 million
- Kadena (KDA) $700 million
- Curve DAO (CRV) $600 million
- PancakeSwap (CAKE) $600 million
- Gala (GALA) 500 million dollars
Although unlocking the tokens does not mean that there will be a direct sale, such developments can reduce the risk appetite and price for that token. In this context, experts remind that investors should be careful.
*Not investment advice.
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