🚨🔥 3 Token Unlocks to Watch Next Week

Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.

However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset’s dynamics. Here are three major token unlocks to watch next week.

1. Pyth Network (PYTH)

Unlock date: May 20

Number of tokens unlocked: 2.13 billion PYTH

Current circulating supply: 1.5 billion PYTH

2. Avalanche (AVAX)

Unlock date: May 22

Number of tokens unlocked: 9.54 million AVAX

Current circulating supply: 382.77 million AVAX

3. Space ID (ID)

Unlock date: May 22

Number of tokens unlocked: 18.49 million ID

Current circulating supply: 430.5 million ID