Here is a list of altcoins with unlocks this week!
August 17
$PENGU %1.12
$ERA %16.03
$ZK %1.70
August 18
$BARD %3.01
August 20
$KAITO %10.74
$SAPIEN %10.55
$ZRO %6.78
August 21
$AKE %9.25
$PLUME %3.88
$GWEI %2.63
$TA %6.65
$ARIA %10.19
August 22
$RIVER %4.58
$0G %4.09
August 23
$MET %1.31
$SPACE %4.27
During token unlocks, selling pressure usually builds up and the price is negatively affected.
As the market cap increases inversely, and negatively price movements are directly proportional to the ratio of unlock amount to the circulating supply, we can estimate the magnitude of the adverse price movements, my friends.
August 17
$PENGU %1.12
$ERA %16.03
$ZK %1.70
August 18
$BARD %3.01
August 20
$KAITO %10.74
$SAPIEN %10.55
$ZRO %6.78
August 21
$AKE %9.25
$PLUME %3.88
$GWEI %2.63
$TA %6.65
$ARIA %10.19
August 22
$RIVER %4.58
$0G %4.09
August 23
$MET %1.31
$SPACE %4.27
During token unlocks, selling pressure usually builds up and the price is negatively affected.
As the market cap increases inversely, and negatively price movements are directly proportional to the ratio of unlock amount to the circulating supply, we can estimate the magnitude of the adverse price movements, my friends.