$40 Million in Token Unlocks Loom as Market Faces Resistance
0
0

- 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.
0
0
Securely connect the portfolio you’re using to start.