The cryptocurrency market is bracing for a significant influx of tokens as 11 major altcoins are set to unlock millions of dollars' worth of tokens this week. This development comes amidst a tumultuous period for the market, with Bitcoin and Ethereum experiencing losses amidst global tensions.Token Unlock CalendarHere's a breakdown of the altcoins with upcoming token unlocks:
June 24, 2025
SoSoValue (SOSO): $3.36 million (5.88% of market cap) at 00:00 UTC
Resolv Labs ($RESOLV ): $11.60 million (42.58% of market cap) at 12:00 UTC
June 25, 2025
Venom (VENOM): $9.66 million (2.73% of market cap) at 00:00 UTC
June 26, 2025
GateToken (GT): $104.16 million (5.42% of market cap) at 00:00 UTC
Amnis Finance (AMI): $1.09 million (31.07% of market cap) at 00:00 UTC
June 27, 2025
Funtico (TICO): $3.13 million (20.66% of market cap) at 00:00 UTC
Axel ($AXL ): $4.09 million (1.26% of market cap) at 05:00 UTC
Yield Guild Games (YGG): $1.15 million (1.68% of market cap) at 14:00 UTC
June 28, 2025
Grass ($GRASS ): $4.05 million (1.28% of market cap) at 00:00 UTC
Maverick Protocol (MAV): $2.09 million (9.11% of market cap) at 00:00 UTC
Open Campus (EDU): $2.43 million (5.16% of market cap) at 15:00 UTC
Market Impact
The total value of token unlocks exceeds $625 million, according to some estimates. Token unlocks can lead to increased market volatility, as the sudden influx of tokens can generate negative sentiment among investors. However, planned unlock schedules may have a less significant impact, as traders often anticipate and position themselves accordingly.
Key Takeaways
11 major altcoins are set to unlock over $625 million worth of tokens this week
Token unlocks can lead to increased market volatility and negative sentiment
Traders should be cautious and monitor the market closely for potential price swings
