According to data provided by Tokenomist, the cryptocurrency market is set to experience significant coin unlocks totaling $268.8 million during the week of December 22-29. Both one-time (cliff) and linear coin unlocks scheduled over a daily calendar will substantially increase the circulating supply of certain altcoins. The report outlines two categories: one featuring individual unlocks surpassing the $5 million threshold, and the other capturing linear coin unlocks progressing over $1 million daily.
Short-Term Supply Shock: One-Time Coin Unlocks
Significant single unlocks exceeding $5 million are particularly concentrated around altcoins H, XPL, JUP, SOON, MBG, and UDS for this period. For instance, H is seeing a significant unlock of 105.36 million tokens, corresponding to a market value of $15.29 million, representing 4.79% of its adjusted unlocked supply. Meanwhile, XPL’s unlock of 88.89 million tokens, valued at $11.49 million, constitutes 4.52% of its circulating supply, while JUP’s unlock of 53.47 million coins is valued at $10.35 million, making up 1.66% of its supply.
On the higher relative ratio side, the SOON coin unlocks 21.88 million tokens, valued at $8.74 million, comprising 5.97% of its supply. The MBG token sees an unlock of 15.84 million tokens at $8.06 million, with a notable share of 8.42%. In contrast, UDS’s unlock includes 3.34 million tokens valued at $8.06 million, accounting for 2.26% of its circulation.
Linear Unlocks Boost Overall Value
Linear unlocks progressing at over $1 million daily are the primary contributors to the weekly increase in overall value. RAIN coin, for instance, will see a significant distribution, unlocking 9.43 billion tokens valued at $72.40 million, which represents 2.78% of its circulating supply. Over on SOL’s end, a linear unlock of 485.86 thousand tokens is valued at $61.70 million, but the percentage impact on circulating supply remains minimal at 0.09%.
In TRUMP coin, a 4.89 million token unlock valued at $24.84 million will capture a 2.45% share of the supply. Notably, WLD is undergoing 37.23 million token unlock worth $19.25 million, making up 1.50% of its circulating capacity. For DOGE, a scheduled release of 96.02 million tokens aligns with $12.71 million in value, yet the impact is limited to 0.06%. AVAX’s 700,000 tokens unlocked, valued at $8.59 million, holds a 0.16% share of circulation. ASTER’s 10.28 million-unlock valuation at $7.32 million marks a 0.43% share in its supply.
