Over $566 Million in Crypto Token Unlocks Expected in Coming Week

Coingecko data shows multiple single and daily token unlocks surpassing $1M each, with several assets exceeding the $5M threshold.

SOL
AVAX
DOGE

Summary

Coingecko reported that in the next seven days, tokens including HYPE, XPL, JUP, KMNO, OP, ZORA, H, and SAHARA will each have single unlock events exceeding $5 million. Additionally, assets such as SOL, TRUMP, WLD, DOGE, ASTER, AVAX, TAO, ZEC, and ETHFI will carry out daily unlocks above $1 million, combining to a total of over $566 million in unlocked value.

Terms & Concepts
  • Token Unlock: The release of previously locked cryptocurrency tokens, often increasing circulating supply and potentially affecting market price.
  • Daily Unlock: A recurring release of cryptocurrency tokens into circulation on a daily schedule.
  • Circulating Supply: The total number of cryptocurrency tokens available for trading in the open market at a given time.