This week, unlocking over 1.32 billion dollars in total will take place in the crypto market.

According to Tokenmist and other market data, significant amounts of tokens will be released in major projects such as SOL, WLD, TIA, DOGE, OM, TAO, AVAX, SUI, JTO, NEAR, DOT, IP, FIL, ENS, SEI, and BERA. These developments may create selling pressure in the relevant crypto assets in the short term.
Bulk token unlockings (3-10 March) This week, bulk token unlockings will take place in many projects:
ENA (Ethena): A token worth 906.44 million dollars will be opened. 66.19% of the circulating supply.
MOVE: A token worth 24.76 million dollars will be opened. 2.08% of the circulating supply.
A token worth 80.60 million dollars will be opened. 9.27% of the circulating supply.
KAS (Kaspa): A token worth 13.79 million dollars will be opened. 0.63% of the circulating supply.
NEON: A token worth 8.92 million dollars will be launched. 22.51% of the circulating supply.
IOTA: A token worth 5.90 million dollars will be opened. 0.65% of the circulating supply.
Gradual unlocking (3-10 March) This week, unlocking tokens may exert pressure on prices by increasing the circulating supply:
SOL (Solana): $79.93 million worth of tokens will be opened. 0.09% of the circulating supply.
WLD (Worldcoin): 45.04 million dollar worth of tokens will be opened. 3.47% of the circulating supply.
TIA (Celestia): A token worth 27.35 million dollars will be launched. 1.30% of the circulating supply.
DOGE (Dogecoin): A token worth 21.93 million dollars will be opened. 0.07% of the circulating supply.
OM: A token worth 20.12 million dollars will be issued. 0.27% of the circulating supply.
TAO: A token worth $17.27 million will be opened. 0.60% of the circulating supply.
AVAX (Avalanche): A token worth 16.97 million dollars will be opened. 0.17% of the circulating supply.
SUI (Sui Network): $11.50 million worth of tokens will be opened. 0.12% of the circulating supply.
JTO: A token worth 11.18 million dollars will be opened. 1.40% of the circulating supply.
NEAR (Near Protocol): A token worth 10.05 million dollars will be opened. 0.25% of the circulating supply.
DOT (Polkadot): 11.72 million dollars worth of tokens will be opened. 0.15% of the circulating supply.
IP: 14.68 million dollars worth of token will be opened. 0.90% of the circulating supply.
FIL (Filecoin): A token worth 8.84 million dollars will be opened. 0.40% of the circulating supply.
ENS: A token worth 7.11 million dollars will be issued. 0.93% of the circulating supply.
SEI: A token worth 7.04 million dollars will be opened. 0.58% of the circulating supply.
A token worth 8.07 million dollars will be opened. 0.91% of the circulating supply.
The impact on altcoin prices These token unlocks of this size can often create pressure on prices. Especially, the unlocks that constitute a significant percentage of the circulating supply can increase the short-term downside risk in the relevant tokens.
In projects like ENA, WLD, and NEON, having more than 1% of the circulating supply released can be critical for investors. Especially high-volume token launches can lead to significant sell-offs and increase short-term volatility in the market.
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