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$13 Billion in Token Unlocks Incoming: Volatility Ahead for Crypto Markets
- A significant amount of $13 billion worth of new crypto assets is set to be unlocked in the crypto space in the next six months.
- The concentration and uneven distribution of token unlocks by sector and month could lead to volatility in the market for specific tokens and sectors.
- October and July are expected to experience the most significant release pressure, with notable unlockings in AI, DePIN, and meme coins.
- Meme coins, such as $TRUMP, will see substantial unlocks worth billions of dollars, posing a concentrated event risk in July.
- AI-related projects lead in emissions with $3.42 billion, followed by meme tokens at $2.8 billion and Layer 2s at $1.27 billion.
- Liquid Staking and Liquid Restaking sectors will unlock significant values, with $ENA and $ETHFI being central players in both areas.
- Restaking segment, DePIN, and RWA sectors will also see substantial emissions, with certain tokens dominating the unlock values.
- SocialFi and Gaming sectors have high unlock-to-circulating supply ratios, unveiling potential risks in token releases.
- The crypto market could be impacted by the influx of unlocked tokens, especially for institutional investors and protocols staked on layer 1 and layer 2 protocols.
- The potential market correction and subdued post-unlock period are events that observers are monitoring closely in anticipation.
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