Between April 21 and April 28, over $235 million worth of tokens are set to unlock in the crypto market. This includes both major and minor releases that could impact market dynamics.
Major Token Unlocks from VENOM
Two major tokens, VENOM and ALT, are scheduled for cliff-style unlocks. VENOM will unlock 59.26 million tokens, amounting to approximately $8.25 million, which is 2.86% of its total unlock supply. ALT will release a significantly larger amount of 240.10 million tokens, valued at $7.09 million, representing 7.92% of its unlock supply.
Linear Unlocks: Solana Dominates
Solana (SOL) leads in the volume of linear unlocks, with 465,770 SOL tokens worth $66.03 million expected to unlock. Though this dollar value is substantial, it represents only 0.09% of Solana's circulating supply. Other notable linear unlocks include Worldcoin (WLD) with 37.23 million tokens and TRUMP with 3.45 million tokens.
Less Known Token Unlocks
In addition to major tokens, several lesser-known projects are also set for token releases. For instance, Fjord Foundry (FJO) will unlock 3.85 million tokens worth approximately $737,701, which accounts for 3.85% of all locked tokens. Sociapol (SPOL) and other projects are also preparing for their unlock events, potentially impacting their token prices.
The upcoming token unlocks scheduled from April 21 to April 28 signify a notable event in the crypto market, influencing liquidity and asset prices.
