News
  • Zafar Naik
    author-profile

    Zafar Naik right arrow

    Author

    Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

    • 2 minutes read

    Massive Token Unlock Alert: $208 Million Set to Flood the Market

    The crypto ecosystem will experience a sell-off in multiple crypto tokens due to token unlocking. Investors will unlock a total of $208.53 million worth of tokens in the next 7 days. Let’s explore these tokens and what we can expect from the market.

    Major Token Unlocks on the Horizon

    Drops Tab data reveals that 26 tokens will unlock in the upcoming seven days. Let’s see which ones are at the top.

    Near Protocol

    Near Protocol. This is because the unlock is in the next 5 hours. This token is currently trading at $6.34 and has a market cap of $7 billion. Currently, 94.70% of the total supply is in circulation. In the next 5 hours, the vesting will release 254,683 Near tokens. Near Protocol will systematically unlock these tokens over a 48-month vesting period. Investors have already received 88.55% of the total locked tokens. This unlock will release another 0.03% of the supply into the market. 11.45% of the total market cap of this token is still locked. This makes a total of $726 million in locked supply. 0.03% of the max supply is released every day. The last unlocking round will happen on October 12, 2025.

    near token unlock period
    Source : Coinmarketcap

    XPLA

    With a current trading price of $0.1244, XPLA token has a market cap of $77.16 million. This token is also set to unlock in the next 5 hours. This will unlock a total of 18.74 million XPLA tokens into the market. 80.75% of the total locked tokens have already been released. Today’s unlock will release another 0.94% of the supply. The last unlocking round will happen on December 21, 2026.

    XPLA token unlock period
    Source : Coinmarketcap

    MintLayer

    Launched in March 2023, this token has only 10.70% of its total supply in circulation. With a current market cap of $9.67 million, this token is trading at $0.15. It has 17.51% of the total supply locked for long vesting. Every month, the vesting contract will release 1.12% of the total supply until February 2025. After that, the market will release 0.35% from March 2025 to December 2025.

    Source : Coinmarketcap

    Along with these 3 tokens, SAFE, ALT, FP, ID, FIDA, and another 18 tokens will be released from the locked supply. You can check the complete list of all tokens set for release in the next 400+ days and plan your actions accordingly.

    Source : Drops Tab

    Token Unlock Market Impact

    Historical market data shows two outcomes whenever investors unlock vested tokens.  Either investors take out their profit or put the tokens in various protocols for yield rewards. The staking feature is not available for every crypto token. People can sell released tokens even if they are at a loss to invest the amount in other emerging cryptos. In most cases, investors profit from the vested tokens because they purchased them during the pre-launch or ICO rounds.

    Also Check Out: Matt Furie’s “Boy’s Club” Memecoins To Record 100X Surge This Crypto Bull Run?

    Show More

    Related Articles

    Back to top button