COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Upcoming Token Unlocks Will Impact Altcoin Prices
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Altcoin News > Upcoming Token Unlocks Will Impact Altcoin Prices
Altcoin News

Upcoming Token Unlocks Will Impact Altcoin Prices

In Brief

  • Significant token unlocks are expected next week, impacting altcoin prices.

  • Major projects like AXS and ARB will witness considerable unlocks.

  • Token unlocks can lead to both risks and opportunities for investors.

Fatih Uçar
Fatih Uçar 8 months ago
Share
SHARE

Next week, significant price fluctuations are anticipated in several major altcoin projects due to token unlocks. According to data from TokenUnlocks, a total of over $214.33 million in tokens will be unlocked from October 14 to October 20, 2024. The unlocks, including major altcoin projects such as AXS, ARB, STRK, and APE, will affect supply-demand balances and reshape investor strategies.

Contents
Major Token Unlocks Happening Next WeekPros and Cons of Token Unlocks

Major Token Unlocks Happening Next Week

Among the most notable token unlocks next week is the ARB token. On October 16, tokens worth a total of $48.97 million (2.56% of the circulating supply) will be unlocked. On the same day, AXS tokens worth $41.55 million will also be unlocked, releasing 6.08% of the supply. STRK and EIGEN will also have significant token unlocks, releasing tokens worth $25 million and $41.4 million, respectively.

The upcoming token unlocks reflect the commitment of projects to their investors, communities, and team members. However, a sudden increase in supply may lead to heightened volatility.

Pros and Cons of Token Unlocks

Token unlocks directly affect the development process of an altcoin project and its relationship with investors. This process can test the community’s confidence in the project. While unlocks can encourage long-term commitment from token holders, they also carry risks, as sales pressure may lead to sharp price fluctuations.

The timing of token unlocks can vary based on a project’s roadmap. Some projects unlock tokens only after reaching specific milestones, while others follow pre-determined schedules for automatic token unlocks, which is critical for transparency and trust.

Furthermore, investors can develop new strategies with the unlocking of tokens. Some may choose to stake or hold their unlocked tokens long-term, while others might opt for selling to realize profits. However, the release of large quantities of tokens typically leads to selling pressure on prices, increasing volatility.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Explore How SUI Coin Captures Market Attention

Altcoin Markets Brace for Impact as Significant Token Unlocks Loom

Bitcoin’s Plunge Sparks New Altcoin Opportunities

Analyst Detects Positive Signals for Bitcoin’s Uptrend

Whale Alert Uncovers Massive TRUMP Coin Movement Reshaping Discussions

Fatih Uçar 13 October, 2024 - 8:33 pm 13 October, 2024 - 8:33 pm
Share This Article
Facebook Twitter
Share
Previous Article Ki Young Ju Discusses Challenges Facing Trump as a Web3 Entrepreneur
Next Article Ki Young Ju Analyzes Bitcoin’s Horizontal Consolidation Phase
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Ethereum Network Doubles Its Block Production Speed
Ethereum (ETH)
Cryptocurrencies Soar as Fed Holds Interest Rate Uncertainty
Economy
Israeli Forces Arrest Spy Over Iran Ties and Cryptocurrency Transactions
Cryptocurrency News
Best Layer 1 Pick for 2025? Kaanch Presale Stage 7 Gains Momentum as Solana Whales Move In
Sponsored Article
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?