Significant Token Unlocks Scheduled for Major Cryptocurrencies Next Week

Upcoming Token Unlocks in Major Cryptocurrencies

Several major cryptocurrencies are anticipating significant token unlocks next week, which could profoundly impact their market dynamics. This article discusses the upcoming unlocks, detailing the amounts and estimated values of the tokens being released, along with their proportions relative to the current circulating supply.

1. Arbitrum (ARB)

• Unlock Date: October 16, 9:00 PM (UTC+8)
• Tokens Unlocking: ~92.65 million
• Percentage of Circulating Supply: 2.56%
• Estimated Value: ~$49.4 million

2. Axie Infinity (AXS)

• Unlock Date: October 14, 9:10 PM (UTC+8)
• Tokens Unlocking: ~9.25 million
• Percentage of Circulating Supply: 6.08%
• Estimated Value: ~$43.1 million

3. Eigenlayer (EIGEN)

• Unlock Date: October 16, 3:00 AM (UTC+8)
• Tokens Unlocking: ~11.22 million
• Percentage of Circulating Supply: 6.01%
• Estimated Value: ~$43.9 million

4. Starknet (STRK)

• Unlock Date: October 15, 8:00 AM (UTC+8)
• Tokens Unlocking: ~64 million
• Percentage of Circulating Supply: 3.30%
• Estimated Value: ~$26 million

5. Taiko (TAIKO)

• Unlock Date: October 14, 8:00 AM (UTC+8)
• Tokens Unlocking: ~12 million
• Percentage of Circulating Supply: 14.99%
• Estimated Value: ~$18.7 million

6. ApeCoin (APE)

• Unlock Date: October 17, 8:30 PM (UTC+8)
• Tokens Unlocking: ~15.6 million
• Percentage of Circulating Supply: 2.31%
• Estimated Value: ~$11.2 million

7. Pixels (PIXEL)

• Unlock Date: October 19, 6:00 PM (UTC+8)
• Tokens Unlocking: ~54.38 million
• Percentage of Circulating Supply: 7.05%
• Estimated Value: ~$7.2 million

8. Cardano (ADA)

• Unlock Date: October 17, 8:00 AM (UTC+8)
• Tokens Unlocking: ~18.53 million
• Percentage of Circulating Supply: 0.05%
• Estimated Value: ~$6.5 million

9. Echelon Prime (PRIME)

• Unlock Date: October 17, 8:00 AM (UTC+8)
• Tokens Unlocking: ~750,000
• Percentage of Circulating Supply: 1.57%
• Estimated Value: ~$6.1 million

10. Ethena (ENA)

• Unlock Date: October 16, 3:00 PM (UTC+8)
• Tokens Unlocking: ~12.86 million
• Percentage of Circulating Supply: 0.47%
• Estimated Value: ~$4.4 million

11. Render (RENDER)

• Unlock Date: October 14, 8:00 AM (UTC+8)
• Tokens Unlocking: ~490,000
• Percentage of Circulating Supply: 0.13%
• Estimated Value: ~$2.7 million

12. CYBER (CYBER)

• Unlock Date: October 14, 4:00 PM (UTC+8)
• Tokens Unlocking: ~890,000
• Percentage of Circulating Supply: 3.81%
• Estimated Value: ~$2.6 million

13. Astar (ASTR)

• Unlock Date: October 17, 8:00 AM (UTC+8)
• Tokens Unlocking: ~9.72 million
• Percentage of Circulating Supply: 0.13%
• Estimated Value: ~$580,000

14. Nym (NYM)

• Unlock Date: October 15, 8:00 AM (UTC+8)
• Tokens Unlocking: ~2.73 million
• Percentage of Circulating Supply: 0.34%
• Estimated Value: ~$200,000

As these unlock events occur, investors should monitor the market closely, as the influx of new tokens could lead to price fluctuations and shifts in supply and demand dynamics.