After an eventful week with Bitcoin Spot ETF approvals, numerous altcoins are set to experience major unlocking events next week. These events, where altcoin reserves become accessible, have important consequences in terms of market dynamics. Here are the details…
There are critical lock openings in those altcoin projects
First of all, My Neighbor Alice (ALICE) unlocked $1.08 million worth of tokens at 03:00 on January 15, 2023, accounting for 1.02% of the market cap. Nakamoto Games (NAKA) launched $2.47 million worth of altcoins, equivalent to 2.56% of the market cap, on the same date and time. Aurory (AURY) launched $1.13 million worth of tokens, equivalent to 2.01% of the market value, at 03:00 on January 15, 2023. Zebec (ZBC) launched $3.24 million worth of tokens on the same unlock date, representing 6.19% of the market cap.
Stader (SD) launched $1.67 million worth of tokens at 03:00 on January 15, 2023, accounting for 3.68% of the market cap. Strips Finance (STRP) also unlocked $1.01 million worth of tokens, accounting for 2.48% of the market cap. SENATE (SENATE) launched $1.14 million worth of altcoins at 03:00 on January 15, 2023, accounting for 6.92% of the market cap. Humanode (HMND) launched $1.07 million worth of tokens at 03:00 on January 15, 2023, accounting for 20.18% of the market cap. BitDAO (BIT) unlocked at 07:00 on January 15, 2023.
Nym (NYM) launched the token worth $3.09 million, representing 2.16% of the market value, at 08:00 on January 15, 2023. Highstreet (HIGH) launched $1.27 million worth of altcoins at 8:00 AM on January 15, 2023, accounting for 1.61% of the market cap. CLV (CLV) launched $1.11 million worth of tokens at 08:00 on January 15, 2023, representing 2.72% of the market cap. UX Chain (UX) unlocked $1.06 million worth of tokens at the same unlock time, representing 4.65% of the market cap. Sidus (SIDUS) launched $3.80 million worth of tokens at 09:00 on January 15, 2023, accounting for 7.10% of the market capitalization.
Also busy on Tuesdays and Wednesdays
Sei (SEI) is preparing to launch $1.68 million worth of tokens, accounting for 0.13% of the market cap, at 18:00 on January 15, 2023. CyberConnect (CYBER) will launch $8.92 million worth of altcoins, accounting for 10.29% of the market cap, on the same unlock date and time. LimeWire (LMWR) will launch $8.93 million worth of tokens, representing 20.98% of the market cap, at 03:00 on January 16, 2024. IguVerse IGU (IGU) will unlock $1.10 million worth of tokens, equivalent to 20.17% of market cap, at 03:00 on January 16, 2024.
Uniswap (UNI) will launch $54.68 million worth of tokens, accounting for 1.39% of the market cap, at 07:00 on January 16, 2024. The Graph (GRT) will launch $12.21 million worth of altcoins, accounting for 0.77% of the market cap, at 03:00 on January 17, 2024. SuperRare (RARE) will release $1.95 million worth of tokens, representing 2.79% of the market cap, on the same unlock date and time. Oxygen (OXY) will launch $2.37 million worth of tokens, equivalent to 72.48% of the market cap, at 03:00 on January 17, 2024. Carbon Browser (CSIX) will unlock $1.40 million worth of tokens, accounting for 6.37% of the market cap on the same unlock date.
Millions of dollars will pour into the market by the end of the week
Lido DAO (LDO) will launch $26.09 million worth of tokens, accounting for 0.89% of the market cap, at 03:00 on January 18, 2024. Axie Infinity (AXS) will launch $27.68 million worth of altcoins, representing 2.59% of the market cap, also at 03:00 on January 18, 2024. Echelon Prime (PRIME) will release $6.11 million worth of tokens, accounting for 2.86% of the market cap, on the same unlock date and time. Sabai Ecoverse (SABAI) will launch $1.02 million worth of tokens, accounting for 225.14% of the market cap, on the same date and time. Aurora (AURORA) will launch $1.95 million worth of tokens, accounting for 1.73% of the market cap, at 03:00 on January 19, 2024.
PlayZap (PZP) is preparing to launch $1.90 million worth of tokens, accounting for 15.96% of the market cap, at 03:00 on January 19, 2024. Braintrust (BTRST) is preparing to launch $2.69 million worth of altcoins, representing 1.50% of the market cap, at 03:00 on January 20, 2024. XANA (XETA) will unlock $2.79 million worth of tokens, accounting for 10.05% of the market cap, at the same unlock time. DexCheck (DCK) will release $2.00 million worth of tokens, equivalent to 27.32% of the market cap, on the same unlock date and time. Medieval Empires (MEE) will issue $1.01 million worth of tokens on the same unlock date and time.
The weekend ends with unlocks on January 21
Injective (INJ) is set to unlock a significant amount of tokens worth $142.15 million, accounting for 4.34% of the market cap, at 03:00 on January 21, 2024. Router Protocol (ROUTE) will release $1.86 million worth of tokens, representing 1.62% of the market cap, on the same unlock date and time. Guild of Guardians (GOG) will launch $1.25 million worth of altcoins, accounting for 1.35% of the market cap, at 03:00 on January 21, 2024. XPLA (XPLA) will release $3.56 million worth of tokens, accounting for 4.44% of its market cap, on the same unlock date and time. Mintlayer (ML) will unlock $15.41 million worth of tokens on the same unlock date and time. Galaxy Arena (ESNC) will issue $1.36 million worth of tokens on the same unlock date and time.
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