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Reading: 5 Altcoin Unlocking Days, Hours Left!
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EdaFace Newsfeed > Latest News > Altcoin News > 5 Altcoin Unlocking Days, Hours Left!
Altcoin News

5 Altcoin Unlocking Days, Hours Left!

vitalclick
Last updated: July 14, 2024 9:26 pm
6 months ago
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Contents
Optimism (OP)Starknet (STRK) and Arbitrum (ARB)Axie Infinity (AXS) and ApeCoin (APE)

Annual inflation altcoins is a major issue for price performance and investors have experienced this in many cryptocurrencies. For example, XRP Coin‘s supply has increased so rapidly that even if it sees a 2021 market value record, its unit price will be around $ 1.35. On the other hand, we have seen the difficulties experienced by altcoins struggling with double-digit inflation, such as AVAX. So which altcoins will be unlocked in the coming days?

Optimism (OP)

While volumes have weakened, the impact of altcoin unlocks on price with possible sell-offs is also increasing exponentially. BTC Those who are worried about a deeper bottom for the stocks are at risk of selling at current prices. On the other hand, in bullish markets, key openings should have a positive effect on the price in the medium term. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!

The team, investors and other token beneficiaries try to take steps to affect the price in this process so that they can sell at higher levels. But not now, things have been going in the opposite direction in crypto for a while. After a broad introduction, let’s start with OP Coin. 10 million tokens will be released on July 15th and the current circulating supply is 1.12 billion OP Coin. New tokens that will be used for grants to be distributed to project rewards to develop the ecosystem may be sold.

Starknet (STRK) and Arbitrum (ARB)

Again on Monday, with a supply of 1.3 billion STRK Token It will release 64 million new tokens. The Ethereum ZK-Rollup Layer-2 solution will deliver these tokens to early stage investors and project developers.

Developed under the auspices of Offchain Labs Arbitrum The network is one of the largest networks in terms of total locked value. It also has a circulating supply of 2.9 billion tokens. 92.6 million ARB Coins will be released on Tuesday. These tokens, which will be distributed to the team, advisors and investors, will enter circulation while the price has not strayed too far from the ATL level.

Axie Infinity (AXS) and ApeCoin (APE)

2 altcoins too metaverse And GameFi suffered significant losses amidst the loss of interest in the field. AXS Coin will release 2.45 million tokens and has a circulating supply of 147.8 million. The unlock for the distribution of staking rewards is intended to attract more players to the platform.

APE Coin will release 15.6 million tokens on July 17. The current circulating supply is 674.6 million, and the already overpriced supply has been weakened by lack of interest.

Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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