koinmilyoner
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Bullish
With a release of more than $330 million, TRUMP token tops this week's unlocks with $900 million
In the next seven days, fifteen alternative cryptocurrencies will each unlock over $5 million, according to Tokenomist.
The TRUMP token will unlock over $330 million, contributing to a total unlocked value of over $906 million, according to Wu Blockchain.
Token unlocks can cause investors to feel bad, which puts pressure on prices, thus traders should exercise caution.
In the next seven days, fifteen alternative cryptocurrencies will each unlock over $5 million, according to Tokenomist. The entire value that has not yet been unlocked surpasses $906 million, according to statistics from the Wu Blockchain. Of this, over $330 million will be released by the TRUMP token. Token unlocks can cause investors to feel bad, therefore traders should use caution. Their presence adds to the overall supply and drags down pricing.
Plus, this week saw the linear release of many major tokens, including 465,770 SOL tokens (value $60.95 million) from Solana, 37.23 million WLD tokens (worth $27.91 million) from Worldcoin, and 6.96 million TIA tokens (of $17.12 million) from Celestia. Although a rise in the amount of bitcoin in circulation is usually seen as negative, scheduled unlock schedules could not have as much of an effect since traders tend to position themselves in anticipation of these events.
Keep in mind that investors' pessimism about the additional supply due to token unlocks might put a damper on pricing, so traders should exercise caution.
#TRUMP #WhaleMovements #unlock $TRUMP
In the next seven days, fifteen alternative cryptocurrencies will each unlock over $5 million, according to Tokenomist.
The TRUMP token will unlock over $330 million, contributing to a total unlocked value of over $906 million, according to Wu Blockchain.
Token unlocks can cause investors to feel bad, which puts pressure on prices, thus traders should exercise caution.
In the next seven days, fifteen alternative cryptocurrencies will each unlock over $5 million, according to Tokenomist. The entire value that has not yet been unlocked surpasses $906 million, according to statistics from the Wu Blockchain. Of this, over $330 million will be released by the TRUMP token. Token unlocks can cause investors to feel bad, therefore traders should use caution. Their presence adds to the overall supply and drags down pricing.
Plus, this week saw the linear release of many major tokens, including 465,770 SOL tokens (value $60.95 million) from Solana, 37.23 million WLD tokens (worth $27.91 million) from Worldcoin, and 6.96 million TIA tokens (of $17.12 million) from Celestia. Although a rise in the amount of bitcoin in circulation is usually seen as negative, scheduled unlock schedules could not have as much of an effect since traders tend to position themselves in anticipation of these events.
Keep in mind that investors' pessimism about the additional supply due to token unlocks might put a damper on pricing, so traders should exercise caution.
#TRUMP #WhaleMovements #unlock $TRUMP
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
