Beware of an Altcoin This Week: $202 Million Locked Token Opening _! - Coin Newsletter

A total of hundreds of millions of dollars worth of unlocks will take place in 5 altcoins this week.

According to Token Unlocks data, between 8-14 January, 5 altcoin projects, including projects such as Aptos (APT)****, will have a total of 221 million dollars unlocked.

In unlocks, the release of more than 1% of the overall circulating supply of tokens is significantly reflected in the price negatively. In this direction, the unlocks of APT and CyberConnect (CYBER) in the next week are important.

Beware of APT and CYBER!

In particular, the 24.84 million unlocks with a value of 202 million dollars, which will take place in APT, are among the ones to be considered with a circulating supply of 8%. The $8.41 million unlock that will take place in CYBER needs to be considered.

The cryptocurrencies that will be unlocked are as follows:

  • GMX (GMX): 2,082 units worth 142K dollars will be unlocked over the next week. Unlocking will start on January 9 at 03:00 CET. 0.03% of the circulating supply will be released.
  • Pendle (PENDLE): $437K worth 333K will be unlocked over the next week. Unlocking will start on January 10 at 03:00 CET. During the week, 0.34% of the circulating supply will be released.
  • Moonbeam (GLMR): $1.20 million worth 3 million will be unlocked **January 11 at 03:00 CET. 0.38% of the circulating supply will be released.
  • Aptos (APT): $212 million worth 24.84 million will be unlocked January 12 at 04:59 CET. 8.05% of the circulating supply will be released.
  • CyberConnect (CYBER): 8.4 million $ worth 1.26 million units will be unlocked January 14 at 05:24 CET. 8.51% of the circulating supply will be freed.
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