The cryptocurrency market has seen a significant recovery over the past week, with upcoming token unlocks on the horizon. Our article provides a calendar of these unlocks and analyzes their potential impact on the market.
Current Market Analysis
The cryptocurrency market has recently been recovering. At the time of writing, Bitcoin is trading at $98,315, having risen by 3.55% over the past seven days. The total cryptocurrency market value has increased by around 7% over the same period.
Token Unlock Calendar
Next week will see many token unlocks. Here is the list with dates and times: - Sui (SUI): January 6, 2025, 03:00. - Near (NEAR): January 6, 2025, 03:00. - World (WLD): January 6, 2025, 03:00. - Sei (SEI): January 6, 2025, 18:00. - Celestia (TIA): January 6, 2025, 21:00. - Hashflow (HFT): January 7, 2025, 13:00. - Jito (JTO): January 7, 2025, 18:00. - Neon EVM (NEON): January 7, 2025, 23:00. - Port3 Network (PORT3): January 8, 2025, 09:00. - Shrapnel (SHRAP): January 8, 2025, 17:00. - Movement (MOVE): January 9, 2025, 03:00. - GMT (GMT): January 9, 2025, 07:00.
Impact on Crypto Market
Token unlocks often lead to market fluctuations due to temporary increases in supply. It's important to monitor the situation to make timely decisions. Experienced investors might take advantage of these fluctuations for profit.
Planning and forecasting during token unlock periods are crucial steps for investors. Market changes are inevitable, and understanding the unlock schedule can help protect capital and take advantage of market volatility.
