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This Week There is a $730 Million Unlocking in 28 Altcoins: Pay Attention to These! - Coin Bulletin
This week, a total of more than 28 altcoins in the crypto market will have approximately 730 million dollars worth of locked tokens released.
According to Tokenomist data, a large amount of tokens will be released in projects such as SUI, OMNI, OP, TRIBL, EIGEN, ZETA, DYDX, WLD, TRUMP. This situation may increase selling pressure in some altcoins in the short term.
Mass Unlockings (28 April – 5 May)
The major unlocks to be made this week are listed as follows:
Gradual Unlocking (28 April – 5 May)
The tokens that will be gradually released throughout the week are as follows:
Expected Effects on Prices
Token unlocks generally lead to selling pressure on the related assets because they increase supply. This week, it is recommended to be cautious with high opening rates, especially for OMNI (%153.77), TRIBL (%10.12), REZ (%24.54), ZETA (%5.80), and KMNO (%13.10). On the other hand, volatility may increase in projects such as SUI, OP, WLD, and TRUMP that will experience large volume openings.