Altcoins To Dodge Trading As Over $580M Worth Token Unlocks Loom

Quick Summary:

In a riveting turn of events, certain altcoins are readying to take the heat of increased supply in the coming days, primarily attributable to massive token releases.

The latest update from the TokenUnlocks App revealed that over $580 million worth of crypto is set to be unlocked into the market this month, raising investor concerns.

This unlock is equivalent to 6.91% of the total circulating supply.XAI price traded at $0.2938 today, a dip of 3.15% over the past day.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: Crypto

Markets: India

Topics: Altcoin News Aptos Token unlock Altcoin The Sandbox Altcoin news Avalanche (AVAX) 24/7 Cryptocurrency News Oasis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 12:27:09 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 720 words

Reading Time: 4 minutes read

Sentences: 52 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 21885679

View Article Analysis

About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 25 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions