over $2.9B in token unlocks coming this june.
Token unlocks refer to the release of tokens that were previously locked or restricted from trading. In June, over $2.9 billion worth of tokens are expected to be unlocked, which could impact the market. Here's what you need to know:
- *Token Unlocks*: Tokens that were locked up during initial coin offerings (ICOs) or venture capital investments are released into the market.
- *Market Impact*: This influx of tokens can lead to increased selling pressure, potentially causing price fluctuations.
- *Vesting Periods*: Tokens with longer vesting periods tend to have a smoother price impact, while shorter vesting periods can lead to sharp price changes.
Some notable token unlocks happening soon include ¹:
- *Bware Labs (INFRA)*: 106.85K tokens to be unlocked on June 2, 2025, worth around $14,250.
- *Sensay (SNSY)*: 103.73M tokens to be unlocked on June 2, 2025, worth approximately $180,750.
- *GameOn Forge (GO4)*: 159.10K tokens to be unlocked on June 2, 2025, valued at around $14,910.
Keep in mind that the actual market impact depends on various factors, including the token's liquidity, market sentiment, and overall demand. To stay updated on token unlocks and market trends, consider tracking reliable sources like CryptoRank ¹.