Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

$40 Million in Token Unlocks Loom as Market Faces Resistance

3d ago
bullish:

0

bearish:

0

Share
Crypto Market Braces for Fresh Supply as Unlocks Approach
  • Over $40M in tokens will unlock between August 25–31, led by ALT and ZND.
  • ZND unlock equals 13.4% of its market cap, raising volatility concerns.
  • TOTAL3 chart shows market stalling near $1.1T resistance with weak momentum.

The crypto market is bracing for a wave of token unlocks this week, with more than $40 million worth of tokens set to hit circulation across several projects.

According to data from CryptoRank, the largest unlocks will come from AltLayer (ALT), ZND, and Sahara AI (SAHARA), adding potential selling pressure at a time when the broader market is showing signs of uncertainty.

Breakdown of Major Token Unlocks

The biggest unlock of the week will be AltLayer (ALT), with 240.8 million tokens (2.41% of supply) worth approximately $8.63 million set to be released on August 26. 

With ALT’s fully diluted market cap at $358 million, the unlocked…

The post $40 Million in Token Unlocks Loom as Market Faces Resistance appeared first on Coin Edition.

3d ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.