Next week brings important dates for traders of several cryptocurrencies, as new tokens enter circulation.
According to Token Unlocks data, the upcoming major unlocks are:
🔸 ZRO – LayerZero
On October 20, around 23.28 million tokens will be unlocked, valued at an estimated $43.3 million, equivalent to 3.83% of the circulating supply.
🔸 XPL – Plasma
On October 25, 227 million tokens are scheduled to be unlocked, worth approximately $17.9 million, or around 5.02% of the circulating supply.
🔸 H – Humanity
Also on October 25, around 266 million tokens will be unlocked, valued at an estimated $15 million and representing 6.84% of the circulating supply.
🔸 SOSO – SoSoValue
An unlock is also scheduled for October 24, but the cited data does not specify the tokens’ value in dollars.
Why should you pay attention to these dates?
Because an increase in the number of tokens available for sale could add selling pressure, especially if some unlock recipients decide to sell part of their holdings. But an unlock by itself does not mean that all the tokens will be sold or that the price has to fall.
Watch the amount of new supply relative to the token’s liquidity and trading volume—not just the dollar value of the unlock.
#Crypto #Altcoins #ZRO #XPL #H #STA_PRO
According to Token Unlocks data, the upcoming major unlocks are:
🔸 ZRO – LayerZero
On October 20, around 23.28 million tokens will be unlocked, valued at an estimated $43.3 million, equivalent to 3.83% of the circulating supply.
🔸 XPL – Plasma
On October 25, 227 million tokens are scheduled to be unlocked, worth approximately $17.9 million, or around 5.02% of the circulating supply.
🔸 H – Humanity
Also on October 25, around 266 million tokens will be unlocked, valued at an estimated $15 million and representing 6.84% of the circulating supply.
🔸 SOSO – SoSoValue
An unlock is also scheduled for October 24, but the cited data does not specify the tokens’ value in dollars.
Why should you pay attention to these dates?
Because an increase in the number of tokens available for sale could add selling pressure, especially if some unlock recipients decide to sell part of their holdings. But an unlock by itself does not mean that all the tokens will be sold or that the price has to fall.
Watch the amount of new supply relative to the token’s liquidity and trading volume—not just the dollar value of the unlock.
#Crypto #Altcoins #ZRO #XPL #H #STA_PRO