๐๐น๐๐ฐ๐ผ๐ถ๐ป ๐ฃ๐ฟ๐ฒ๐๐๐๐ฟ๐ฒ ๐๐๐ถ๐น๐ฑ๐ ๐๐ต๐ฒ๐ฎ๐ฑ ๐ผ๐ณ ๐ ๐ฎ๐ท๐ผ๐ฟ ๐ง๐ผ๐ธ๐ฒ๐ป ๐จ๐ป๐น๐ผ๐ฐ๐ธ๐ ๐ง๐ต๐ถ๐ ๐ช๐ฒ๐ฒ๐ธ
โก๏ธ Bitcoin Eyes $100K, But Altcoins Face a Tough Week
โ Bitcoin is stealing the spotlight, nearing the $100K milestone
โ Meanwhile, altcoins face mounting pressure from upcoming massive token unlocks
โ These unlocks could trigger short-term selling and increased volatility
๐งจ Major Unlock Events to Watch
1. Cheelee (CHEEL)
โข Unlock Date: May 10
โข Amount: $54M
โข Impact: 15% of total market cap
2. Heroes of Mavia (MAVIA)
โข Unlock: 20% of total supply
โข May shake a small-cap market
3. Nereus (NRS)
โข Unlock Date: May 11
โข Unlocking: Nearly 50% of market cap
โข High risk of price shock
4. Neon (NEON) & aixbt (AIXBT)
โข Unlocks: 20% and 8.5% of supply respectively
โข Risk: Moderate-to-high due to low liquidity
5. Alchemy Pay (ACH) & ChainGPT (CGPT)
โข Smaller unlock percentages
โข Impact expected to be milder
โ ๏ธ Why It Matters
When locked tokens are released:
โ Early investors or teams can sell immediately
โ This adds sell pressure
โ Can lead to sharp price dips, especially in low-liquidity projects
โก๏ธ Big Picture: Altcoins in a Fragile State
โ Bitcoin dominance is climbing
โ Altcoin liquidity is drying up
โ AI tokens and niche ecosystems grab attention briefly, but broad weakness remains
โณ Investor Watch:
Will the market absorb these unlocks calmly โ or will we see a wave of altcoin selloffs?
Stay alert. The altcoin market may not be as stable as it looks.
