This week, more than $282 million in crypto will be unlocked, potentially affecting the tokens’ prices, and triggering selling or buying pressure for the coins involved.
Here are the most important token unlocks set to take place over the next few days.
Top 8 Crypto Token Unlocks This Week – Over $282 Million in Crypto
SoSoValue data reveals the most important tokens set to be unlocked this week.
1. Aptos (APT)
This morning, almost $139 million in APT was unlocked, representing a little over 2.1% of the total token amount.
The APT token exhibited higher volatility today, with the price dipping from $11.42 levels to $10.64. Now, the token is trading at $11.24, following a price surge from the lower level, and down by 0.4% in the past 24 hours and the total market cap of the token is above $5.8 billion.
Last week, the coin recorded an ascendant trajectory starting on November 4, from $7.8 levels and peaking on November 10 at $11.47.
2. Arbitrum (ARB)
On November 16, over $60 million in ARB tokens are set to be unlocked, representing over 2.3% of the total token amount, according to data from SoSoValue.
Today, the coin saw increased price volatility, dipping to $0.61 levels, before surging to the current price of almost $0.64.
Yesterday, the coin’s price dropped to $0.6 before a price rally to over $0.65 today. The coin’s market cap is above $2.5 billion.
Last week, the coin debuted an ascendant price trajectory from $0.46 on November 5 which took the coin to yesterday’s price levels of $0.65.
3. Starknet (STRK)
On November 15, almost $30.5 million in STRK will be unlocked, representing a little over 3% of the total token amount.
Yesterday, the coin’s price dropped to $0.43 levels before it kicked off a price rally to almost $0.48 today. At the moment of writing this article, STRK is trading above $0.46, down by 2% in the past 24 hours.
The token has a market cap of over $976 million.
Last week, the coin debuted a price surge from levels of $0.33 on November 5 to reach a peak of over $0.48 on November 10.
4. Nervos Network (CKB)
On November 16, over $20.3 million in CKB will be unlocked, representing almost 3% of the total token amount, as also noted by Tokenomist.
During the past 24 hours, CKB recorded intense volatility with its price dropping to $0.014 on November 10, before a bounce to $0.015 today.
At the moment of writing this article, CKB is trading above $0.014, down by 1.5% in the past 24 hours. The coin has a market cap of $664 million.
Last week, the coin debuted a price rally from $0.11 levels on November 5.
5. Apecoin (APE)
On November 17, over $18 million in APE tokens will be unlocked, representing 2.16% of the total token amount.
APE coin also saw volatility during the past 24 hours with its price dropping to $1.07 yesterday, ahead of a surge to $1.16 today.
At the moment of writing this article, APE is trading at $1.11, down by more than 3% in the past 24 hours. The coin has a market cap of over $839 million.
The past week, APE kicked off a price surge from $0.8 on November 5.
6. Cardano (ADA)
On November 16, over $11 million in ADA will be unlocked, representing 0.05% of the total token amount.
The coin’s price dipped at $0.55 levels on November 10, before a price rally that took the coin to current levels of $0.6. The coin’s market cap is over $21 billion.
The coin’s price debuted a significant price rally on November 6 from $0.34 levels, after Trump was elected as the new US president. The coin’s price peaked yesterday at $0.63.
7. Ethena (ENA)
On November 13, $7.32 million in ENA will be unlocked, representing 0.45% of the total token amount.
Regarding ENA’s price today, the token recorded a significant price surge above $0.64, from levels of $0.53 on November 10. At the moment of writing this article, ENA is trading above $0.61, up by almost 10% in the past 24 hours.
ENA has a market cap of over $1.74 billion.
The coin debuted a price surge on November 5, from levels of $0.32.
8. Echelon Prime (PRIME)
On November 16, almost $6.4 million in PRIME will be unlocked, representing over 1.5% of the total token amount.
The coin is now trading at $8.44, up by over 11% in the past 24 hours, following a price rally that debuted on November 5 from $7.5 levels.
The coin has a total market cap of over $302 million. Last week, the coin kicked off a price rally on November 5 from $6.27 levels, reaching $8.52 on November 10.
These token unlocks are important events, as they can influence the buying and selling pressure of the tokens, triggering market volatility.