$7.2
Billion In Crypto Token Unlocks Expected
To Shake Markets
This January
$7.2 Billion In Crypto Token Unlocks Expected To Shake Markets This January
by Christian Encila
14 minutes ago
in Altcoin News
0
A crypto research platform anticipates that several cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта tokens will
be unlocked within January this year with an estimated value of $7.2 billion.
The think tank says the multi-billion-dollar token unlocking is a considerable
amount, noting that it could have an impact on the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта market.
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BTC Amid Operational Pressures
Unlocking Crypto Tokens
CryptoRank announced in a post that an estimated $7.2 billion worth of crypto
tokens could be unlocked this January, something the digital asset sector
should keep an eye on for the opportunities and risks it might bring.
In an X post, the data research and analytics platform enumerated the top 10
crypto token projects with the highest value to be unlocked this month, adding
that the list includes Aptos, Circular Protocol, and Arbitrum.
Some analysts said that the crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта would definitely “feel the heat”
since the value of the virtual tokens to be unlocked is a staggering amount,
adding that January might be a wild month for the cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта sector with
this development.
Crypto tokens such as Aptos and Arbitrum as well as other major players in the
digital asset market are seen to be serious about leaving a mark in the
cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта landscape, saying that its implications could bring fresh
opportunities or a bearish condition.
$7.2 Billion Worth of Tokens To Be Unlocked in January ð
The following notable token unlocks will happen in January: $APT $111.41M
$CIRX $108.35M $ARB $86.42M $OP $67.29M $RON $66.89M $MOVE $53.35M $UXLINK
$36.73M $IMX $35.59M $JTO $35.04M $STRK $32.66M pic.twitter.com/POLP3wI3bq
— CryptoRank.io (@CryptoRank_io) January 6, 2025
Top Crypto Tokens
According to CryptoRank, data show that Aptos is seen as a top contributor to
token unlocking with an approximate value of $111 million. The crypto tokens
are being eyed to be released on January 12.
As of press time, Aptos is being traded at $10.42 per token with a market
capitalization of $5.8 billion.
The data analytics platform said that Circular Protocol will take the second
place which will release $108 million worth of crypto tokens, saying around 28
billion CIRX tokens will enter the market on January 12.
Occupying third place, according to CryptoRank, is Arbitrum which is expected
to release $86 million worth of digital coins. Total crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта cap
currently at $3.5 trillion. Chart: TradingView
Impact On The Market
Financial platform OneSafe said that unlocking of tokens happens when locked
tokens are “set free into the market.”
“These tokens are typically held by project teams, early investors, or
earmarked for things like development funding and marketing. When these tokens
hit the market, it can shake things up by increasing the circulating supply,”
the financial platform explained.
Source: Keyrock
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Mow’s Oversight
Crypto firm Keyrock cautioned on the possibility that the unlocking of crypto
tokens could spark negative market responses, stating this conclusion after
the company made a study of 16,000 unlocked tokens.
The company’s study revealed the negative outcomes have been influenced by the
recipients, scale, anticipation, timing, and other factors, which still
happened despite taking predetermined actions prior to the token unlocking.
According to the research, large token unlocking usually resulted in about
2.4x in price declines, increasing volatility.
Featured image from Certo Software , chart from TradingView