The total market cap is as high as 200 million euros! This week, these four coins will be unlocked in large quantities, so be careful if you are buying.

Why does token unlocking have to be followed?

Are you unfamiliar with the term 'unlocking' in the encryption currency market? If you are an investor who intends to delve deeper into the market, unlocking is an event that you must closely follow as it may have an impact on the price of Tokens.

What is Token unlocking? When issuing native Tokens in each project, they are usually allocated to developers, early investors, etc. in proportion. This is the distribution model of Tokens. In order to avoid huge dumping pressure on Tokens at the start of the project, many projects set a 'lock-up period' to lock the Tokens held by relevant individuals for a certain period of time, making them unable to trade immediately. Subsequently, at a specific time, these Tokens will be partially unlocked, allowing holders to trade freely.

This is a mechanism to protect the price for the project, but for investors, a large unlock of Tokens may put pressure on the price. For example, at the end of last year (2023), $DYDX unlocked Tokens worth about $485 million, which immediately caused its price to big dump by nearly 5% in a single day, and the decline continued for several days. However, there are also cases where the price did not fall as expected after the unlocking, but instead rose. Therefore, investors need to conduct their own research to determine whether it will rise or fall.

After understanding the possible impact of unlocking, it is inevitable to introduce a useful tool - 'Token Unlocks', which is a practical data provider website that allows you to see the schedule of various Tokens about to unlock, as well as Circulating Supply and unlock volume.

So let's take a look at which Tokens will be unlocked this week!

Aptos ($APT)

Total Market Cap: 75.24 billion US dollars

Unlock time: 00:00 on December 12th

Unlock token amount: 11.31 million, worth approximately 163 million US dollars, accounting for 2.11% of the circulating supply

Starknet（$STRK）

Total Market Cap: 16.94 billion US dollars

Unlock Time: 08:00 on December 15th

Token unlocking amount: 64 million, worth about 49.51 million US dollars, accounting for 2.83% of the circulating supply.

Sei（$SEI）

Total Market Cap: 26.6 billion US dollars.

Unlock time: 20:00 on December 15th

Unlock token amount: 55,560,000, with a value of approximately $38.24 million, accounting for 1.39% of the circulating supply.

Cardano（$ADA）

Total Market Cap: 417.55 billion US dollars

Unlock time: December 11, 08:00 in the morning

Token unlocked: 18.53 million, worth approximately $22.05 million, accounting for 0.05% of the circulating supply

[Disclaimer] There are risks in the market, and investment needs to be cautious. Analyst views are for reference only, users should refer to more diverse indicators to judge whether to invest, and consider whether any opinions, views, or conclusions in this article are suitable for their specific situation. Investing based on this, at your own risk.

The total throw pressure can reach 200 million 厂! This week, 'these 4 types of coin' will be unlocked in large quantities, be careful if you buy them. This article was first published in 'encryption City'