Watch Out for an Altcoin This Week: There is a $30 Million Locked Token Opening!

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This week, 10 altcoins will be unlocked worth millions of dollars in total.

According to Tone Unlocks data 25 September-1 October between the dates 10 altcoins in the project approximately 45 million There will be a lock opening worth USD.

During lock openings, the supply in circulation is generally %oneThe release of more than 100,000 tokens would significantly increase the price. negative is reflected.

Watch out for Optimism (OP)!

In Optimism Circulating supply during the week 3%corresponding to more than 30 million dollarsThe lock opening above is expected to have a negative impact on the price. With this unlocking amount, Optimism is one step ahead of other altcoins this week. Optimism price had previously lost value during a similar lock opening.

In addition Galxe, Yield Guild Games And in Acala circulating supply of locked tokens to be opened %oneIt is noteworthy that there are more than . YGGsupply in circulation in 6.71%It is thought that the release of such a large amount to the market may cause intense sales pressure.

The cryptocurrencies that will be unlocked are as follows:

  • Pendle (PENDL): 35 thousand dollar worth 57 thousand units lock of existence TSI 27 September 03.00 It will be opened as of. circulating supply 0.02% will be released. Lock openings at Pendle total for the week 215 thousand dollar will find the token worth.
  • Galxe (GAL): 780 thousand dollars worth 586 thousand units lock of existence 27 September 13.00 CET It will be opened as of. total supply 0.25%, circulating supply 1.25% will be released.
  • Yield Guild Games (YGG): $2.54 million worth 12.4 million lock of existence TSI 27 September 17.00 It will be opened as of. total supply 1.2%circulating supply 6.71% will be released.
  • SingularityNET (AGIX): $1.72 million worth 9.68 million lock of existence TSI 28 September 03.00 It will be opened as of. total supply 0.5%circulating supply 0.79% will be released.
  • Euler (EUL): 411 thousand dollar worth 153 thousand units lock of existence TSI 28 September 03.14 It will be opened as of. circulating supply 0.82% will be released. EULLock openings in total throughout the week 507 thousand dollar will find the token worth.
  • Sui (SUI): 422 thousand dollars worth 1 million pieces lock of existence TSI 30 September 03.00 It will be opened as of. circulating supply 0.8% will be released. Lock openings at SUI in total throughout the week $2.92 million will find the token worth.
  • Optimism (YGG): $30.44 million worth 24.16 million lock of existence 30 September 07.00 CET It will be opened as of. total supply 0.6%circulating supply 3.03% will be released.
  • STEPN (GMT): 390 thousand dollars worth 2.66 million lock of existence 1 October 03.00 CET It will be opened as of. circulating supply 0.21% will be released. GMTLock openings in total throughout the week $3.56 million will find the token worth.
  • Acala (ACA): $1.38 million worth 27.4 million units lock of existence 1 October 10.00 CET It will be opened as of. total supply 1.7%, circulating supply 3.43% will be released.
  • 1inch (YGG): $3.85k worth 15 thousand lock of existence 1 October 11.00 CET It will be opened as of. The amount to be unlocked corresponds to a very small proportion of the circulating and total supply.

General opinion on lock openings selling pressure Even if it is, it is not always the case. Especially In projects where lock opening rates are low increases can be seen.

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