Next week, the cryptocurrency market is set to experience significant token unlocks of various altcoins, which may affect their market value and the overall market dynamics.
Token Unlocks: General Overview
The crypto market is anticipating impressive events - the unlocking of tokens from several major projects. These events might influence market volatility and invesor interest in certain cryptocurrencies.
Unlock Schedule from February 24 to 28, 2025
On February 24, tokens from projects like Sui, Worldcoin, SoSoValue, and others will be unlocked. Conversely, February 25 will be significant for the Venom project, and February 26 for GateToken. February 27 will see token unlocks for Funtico, Axel, and Yield Guild Games. The last day of February – February 28 - will also carry events for Optimism, Echelon Prime, and several others.
Unlock Schedule from March 1 to 2, 2025
On March 1, token unlocks for Hooked Protocol and dYdX will take place. The following day, March 2, the unlocking of tokens for Orbs, Biconomy, and Ethena is planned, which can also bring changes to the market.
Upcoming token unlocks could lead to changes in the dynamics of the cryptocurrency market. It may result in potential changes in the market value of many assets and draw investor attention.