Token unlocks in the cryptocurrency market involve the release of previously restricted tokens into circulation from various project allocations.
Investors and traders carefully track these unlock schedules as they can affect market dynamics by increasing selling pressure, potentially lowering prices.
Several projects have upcoming token unlocks, including EIGEN, IOTA, VENOM, OP, SUI, MOCA, FET, TRIBL, DYDX, ENA, and 1INCH.
Projected unlocks range from $157.70K (0.08% of circulating supply) for MOCA to $110.43 million (1.30%) for SUI.
The percentages of tokens being unlocked relative to the current circulating supply are crucial for evaluating the potential impact on prices.
Smaller token unlocks may have limited effects, while larger releases, especially for tokens with lower liquidity, could lead to more significant price swings.
Given the market's sensitivity to macroeconomic and geopolitical factors, monitoring scheduled token unlocks is essential for informed trading strategies.