🚨 AltLayer (
$ALT ) Set to Unlock 240M Tokens — Will the Price Tank? 😱
AltLayer is about to release ~240 million ALT tokens, representing 6.83% of its circulating supply — valued at an estimated $6.7 million. The token unlock could hit the market soon, sparking concerns of increased sell pressure.
⚠️ Why This Matters:
Large unlocks often lead to short-term volatility
Traders may front-run the event with selloffs or shorts
ALT’s current price action could shift rapidly depending on market sentiment
📊 Will this unlock be a buying opportunity or the start of a correction?
#AltLayer #CryptoAlert #DeFiNews #UnlockWatch #CryptoVolatility