– Over $3.42 billion worth of tokens, including TIA, SUI, IMX, APT, and ARB, are set to unlock in October 2024.
– These unlocks are classified as cliff unlocks, meaning they’re released on a schedule (weekly, monthly, or yearly).
– The unlocks will introduce a significant influx of assets into the crypto market, affecting its environment.
– Investors and traders closely monitor these events due to their potential impact on market dynamics.
– The unlocks can be seen as growth opportunities but also carry the risk of increased selling pressure.
– Other notable projects like Starknet (STRK), ZetaChain (ZETA), and ApeCoin (APE) will also have cliff token unlocks in October.
coinfeeds-bot on
tldr; October will see $3.42 billion in token unlocks, with $1.6 billion as cliffs. Major projects like Sui, Aptos, and Celestia will release significant tokens. Sui will unlock 64.19 million tokens on October 1, Immutable 32.47 million on October 4, Aptos 11.31 million on October 11, Arbitrum 92.65 million on October 16, and Celestia 175.56 million on October 30. These events could impact the market by increasing token supply, potentially affecting prices and investor strategies.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
WineMakerBg on
Arbitrum is the perfect example: If it already fell hard does not mean it won’t fall even harder.
ChemicalAnybody6229 on
Inflation really affects the prices of most coins. Nothing beats being deflationary,it helps skyrocket the prices of coins
4 Comments
TLDR;
– Over $3.42 billion worth of tokens, including TIA, SUI, IMX, APT, and ARB, are set to unlock in October 2024.
– These unlocks are classified as cliff unlocks, meaning they’re released on a schedule (weekly, monthly, or yearly).
– The unlocks will introduce a significant influx of assets into the crypto market, affecting its environment.
– Investors and traders closely monitor these events due to their potential impact on market dynamics.
– The unlocks can be seen as growth opportunities but also carry the risk of increased selling pressure.
– Other notable projects like Starknet (STRK), ZetaChain (ZETA), and ApeCoin (APE) will also have cliff token unlocks in October.
tldr; October will see $3.42 billion in token unlocks, with $1.6 billion as cliffs. Major projects like Sui, Aptos, and Celestia will release significant tokens. Sui will unlock 64.19 million tokens on October 1, Immutable 32.47 million on October 4, Aptos 11.31 million on October 11, Arbitrum 92.65 million on October 16, and Celestia 175.56 million on October 30. These events could impact the market by increasing token supply, potentially affecting prices and investor strategies.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Arbitrum is the perfect example: If it already fell hard does not mean it won’t fall even harder.
Inflation really affects the prices of most coins. Nothing beats being deflationary,it helps skyrocket the prices of coins