News View Non-AMP

Crypto Bloodbath Incoming?! May Token Unlocks Could CRASH These Top Coins

Published by
Nidhi Kolhapur

Understanding the significance of token unlocks is like solving a puzzle in the world of cryptocurrency. Analyst Altcoin Buzz emphasizes the importance of upcoming token unlocks scheduled for May, advising investors to take note for effective portfolio management.

You’re not going to want to miss this! Read on to stay aware.

Unlock Schedules: What You Need to Know

In a recent video, Altcoin Buzz highlights the often-ignored yet crucial aspect of token unlock schedules. These unlocks signal the release of previously locked tokens into the market, which can shake up prices as stakeholders decide whether to sell their tokens or hold onto them.

May’s Token Releases: What’s Coming

Altcoin Buzz points out four important token unlock events set for May, focusing on projects ranked in the top 30 by market capitalization:

Aptos: Get ready for the release of 11.31 million APT tokens, valued at millions of dollars. With a regular monthly unlock plan, previous months have seen a significant increase in token availability.

Aevo: Avo is gearing up for a massive unlock of 8.13 billion tokens, worth over $1 billion, scheduled for mid-May. This release makes up a huge chunk—80%—of its total supply and could push its price down.

PYTH Network: Competing with Chainlink in the oracle field, PYTH Network is preparing to release 2.13 billion tokens, valued at over $1 billion. Despite its potential, this large release might affect its price negatively.

Avalanche: Known for its quick and scalable blockchain, Avalanche will see the release of 9.54 million AVAX tokens. While past releases didn’t cause much price movement, this event could change market sentiment.

Understanding Price Movements

While some projects may sail through token unlocks smoothly, others, especially those with large releases, could face significant sell-offs, causing temporary price drops.

Understanding the impact of token releases sheds light on a crucial aspect of cryptocurrency investing. As May approaches, smart portfolio management is key.

Also Check Out: Here are the Top Altcoins Ready to Hit New Highs During the Altcoin Season!

Do you factor token unlocks into your investment strategy? Share your thoughts.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

YouHodler review: A Closer Look at the Platform

With the continued rise of crypto finance, cryptocurrency platforms offer more than just crypto trading.…

April 3, 2025

Bitcoin ETF Inflows Hit $220M – Is a Massive Rally Incoming?

The crypto market took a nosedive after Trump’s latest tariff announcement, wiping out a staggering…

April 3, 2025

CZ Donates $1.2M in Crypto to Earthquake Victims

Binance founder CZ has donated 1,000 BNB ($600K) each to Myanmar and Thailand to support…

April 3, 2025

House Committee Approves STABLE Act – What’s Next for Crypto?

Following a 13-hour debate, the U.S. House Financial Services Committee has passed the STABLE Act…

April 3, 2025

Trump’s Tariff ‘Liberation Day’ SHOCKS the World – Bitcoin Ready to Explode?

Yesterday, the US government imposed reciprocal tariffs on some of its prominent trade partners, including…

April 3, 2025

Ripple XRP News: RLUSD Minting Hits $100M As Demand Soars

Ripple USD (RLUSD) has seen a huge boost, with over $100 million issued since April…

April 3, 2025