Next 12 days: four unlocks to circle, and one is bigger than the token's whole market cap.

• Nov 15: ARB, 92.65M tokens (~$13.5M, 1.3% of supply)
• Nov 19: $ZRO, 23.63M tokens (~$37.5M, 3.5%), team and advisors
• Nov 22: $GRAM (ex-Toncoin), 36.58M tokens (~$42M, 1.2%), rewards
• Nov 24: $MON, 17.105B tokens (~$280.6M) for team, investors and Category Labs treasury

(Toolz and DefiLlama unlock data, Nov 13; schedules can change.)

The MON line is the outlier. DefiLlama puts it at 144.65% of circulating supply, against a market cap of about $194M. Same-day supply can more than double the float.

My read: unlock size alone doesn't predict price. What matters is who receives the tokens and whether they're sold or held. Team and investor tranches deserve more attention than rewards unlocks.

Which date are you watching most? Not financial advice.

#TokenUnlocks #Monad #Altcoins

Disclosure: I can earn Binance Write to Earn rewards from this post.