Unlocking the Potential: Discover 4 Promising Cryptocurrencies with Significant Unlocks

$300 Million Worth of Unlocks: What It Means for These Altcoins

If you’re invested in altcoins, you need to be aware of the upcoming token unlocks that could have a significant impact on their prices. Let’s take a closer look at four altcoins and their unlocking schedules.

DYDX (DYDX)

DYDX had one of the largest unlocks last month, releasing 150 million tokens worth around $500 million. On January 1, 2024, another unlock is planned, with 33 million DYDX tokens worth $111.33 million set to become available.

Last month’s unlock led to a drop in DYDX’s price as some major whales sold their tokens on Binance. This upcoming unlock may also result in price volatility.

Apecoin (APE)

Apecoin is set to release 15.60 million APE tokens on January 17, valued at $27.15 million. This represents 4.23% of its circulating supply.

Although Apecoin has been performing well recently, the next unlock may still have some impact on its price.

Aptos (APT)

Aptos will unlock 24.8 million APT tokens on January 12, representing 8.09% of its circulating supply and valued at $249.67 million.

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Althea Burnett

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