The post Major Crypto Token Unlocks Next Week — AVAIL, VENOM, ALT, and More appeared first on Coinpedia Fintech News
According to recent cryptocurrency data, crypto tokens such as AVAIL, VENOM, ALT, SAHARA, and SOON will unlock next week. From July 21 to 28, the tokens will be unfolding, exceeding $5 million in a single event, whole large-scale linear unlocks exceeding million per day. The total amount of tokens unlocked in the next seven days will likely exceed $549 million.
Additionally, large-scale linear unlocks — SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, NEAR, ETHFI, JTO, and FIL — exceeding $1 million per day.
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With a significant amount of tokens releasing next week, it is likely to lead to increased market activity and volatility. As the large number of tokens released could lead to driving down the prices, industry investors are likely to monitor the situation closely.
Some crypto experts suggest that this could result in a reshaped crypto market, while short-term volatility is expected. Another possible scenario is — it could also lead to a positive outcome of project stability to maintain long-term investor confidence.
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