Over $27.5 million in crypto will be unlocked this week, potentially triggering volatility for the digital assets. Here are the top seven token unlocks of the week.
Top 7 Token Unlocks This Week – Over $27.5 Million in Crypto
1. AltLayer (ALT)
On March 26, over 240 million ALT, representing more than 2.4% of the total supply will be unlocked. The unlock amount is more than $9.5 million, or over 8.6% of the fully diluted market cap of the token at $396 million.
CryptoRank data shows that almost 28% of the total supply has been unlocked so far.
Today, ALT is trading above $0.039 with a market cap of over $110 million, down by more than 2% in the past 24 hours.
2. World Network (WLD)
On March 24, more than 5 million WLD tokens will be unlocked, or 0.05% of the total supply. The unlock amount is over $4 million or more than 0.4% of the fully diluted market cap of the coin at $8.23 billion.
So far, almost 29% of the total supply has been unlocked.
Today, WLD is trading above $0.86 with a market cap of over $1 billion, up by more than 3% in the past 24 hours.
3. SoSoValue (SOSO)
On March 25, over 6.6 million SOSO tokens will be unlocked, or over 0.6% of the total supply. The unlock amount is $3.5 million, representing more than 9.4% of the fully diluted market cap of the token at $525 million.
Over 7.7% of the total supply has been unlocked so far.
Today, SOSO is trading in the red, with its price above $0.52 with a market cap of over $37 million.
4. Celestia (TIA)
On March 24, over 995,000 TIA tokens will be unlocked, representing almost 0.1% of the total supply. So far, 53% of the supply has been unlocked.
The unlock amount is $3.49 million, or 0.19% of the fully diluted market cap of the token at $3.88 billion.
Today, TIA is up by over 6% and the coin is trading at $3.63 with a market cap of over $2 billion.
5. Portal (PORTAL)
On March 30, almost 24.5 million PORTAL tokens will be unlocked, representing 2.45% of the total supply. So far, over 49% of the total supply has been unlocked.
The unlock amount is $2.39 million or almost 6% of the fully diluted market cap of the token at $97.7 million.
Today, PORTAL is up by over 1%, trading at over $0.1 with a market cap of more than $50 million.
6. Yield Guild Games (YGG)
On March 28, almost 11.5 million YGG tokens will be unlocked, or more than 1% of the total supply. So far, over 53% of the supply has been unlocked.
The unlock amount is $2.37 million or almost 2.7% of the fully diluted market cap of the token at $206 million.
YGG is up by 0.5% today, trading above $0.21 with a market cap of over $92.8 million.
7. ZND (ZND)
On March 25, over 16.7 million ZND tokens will be unlocked, or over 2.4% of the total supply. So far, almost 16% of the total supply has been unlocked.
The unlock amount is over $2.1 million or almost 20% of the fully diluted market cap of the token at $89 million.
Today, ZND is up by more than 12%, and the coin is trading above $0.13 with a market cap of over $10 million.
These token unlocks are important events, as they can trigger buying or selling pressure for the tokens, causing volatility.
