June Token Unlocks Top $3.2 Billion: Altcoins SUI, APT, ZRO Brace For Volatility
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- Altcoin market faces over $3.2B in token unlocks in June; SUI, ZRO, APT lead the wave
- Cliff unlocks total $1.4 billion, posing a high risk of market flooding & rapid sell-offs
- Total2 chart analysis shows weakening momentum, potential drop below $1.21T support level
June is shaping up to be a turbulent month for the altcoin market as investors brace for a flood of over $2.7 billion in token unlocks, according to CryptoRank.io. Such events are notorious for injecting volatility, often leading to sharp sell-offs if investor sentiment turns risk-averse.
This time around, the sheer scale and specific distribution of these unlocks have raised significant concerns about near-term downward pressure on prices.
June’s High-Stake Token Unlock Calendar
The most impactful token unlocks include: SUI – $206.33 million, ZRO (LayerZero) – $64.29 million, APT (Apt…
The post June Token Unlocks Top $3.2 Billion: Altcoins SUI, APT, ZRO Brace For Volatility appeared first on Coin Edition.
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