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These 5 Crypto Tokens Are About to Unlock Millions of Dollars


by CoinEdition
Crypto Market Prepares for ALT Token Unlock Wave of $110 Million
  • Over $110 million in tokens from various projects are scheduled to unlock in July.
  • These token unlocks could negatively impact token prices due to increased supply.
  • Well-planned token unlocks can incentivize teams and boost community engagement.

The crypto community is bracing for a wave of upcoming token unlocks, with several well-known projects set to release over $110 million worth of tokens into circulation. These events are being closely monitored due to their potential impact on token prices and overall market dynamics.

Galxe (GAL): Galxe will unlock 586,670 tokens ($2.1 million), representing 0.49% of the circulating supply, at 00:00 UTC on July 24.

AltLayer (ALT): By releasing over 684 million ALT tokens on July 25, AltLayer will account for 42% of the total supply currently in circulation. These tokens are intended for the treasury, investors, teams, advisors, community members, and protocol development. With ALT’s total supply far larger than its circulating supply, this significant token unlock could negatively influence the price.

Yield Guild Games (YGG): The Yield Guild Games (YGG) gaming community will release about 14 million of its token…

The post These 5 Crypto Tokens Are About to Unlock Millions of Dollars appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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These 5 Crypto Tokens Are About to Unlock Millions of Dollars


by CoinEdition
Crypto Market Prepares for ALT Token Unlock Wave of $110 Million
  • Over $110 million in tokens from various projects are scheduled to unlock in July.
  • These token unlocks could negatively impact token prices due to increased supply.
  • Well-planned token unlocks can incentivize teams and boost community engagement.

The crypto community is bracing for a wave of upcoming token unlocks, with several well-known projects set to release over $110 million worth of tokens into circulation. These events are being closely monitored due to their potential impact on token prices and overall market dynamics.

Galxe (GAL): Galxe will unlock 586,670 tokens ($2.1 million), representing 0.49% of the circulating supply, at 00:00 UTC on July 24.

AltLayer (ALT): By releasing over 684 million ALT tokens on July 25, AltLayer will account for 42% of the total supply currently in circulation. These tokens are intended for the treasury, investors, teams, advisors, community members, and protocol development. With ALT’s total supply far larger than its circulating supply, this significant token unlock could negatively influence the price.

Yield Guild Games (YGG): The Yield Guild Games (YGG) gaming community will release about 14 million of its token…

The post These 5 Crypto Tokens Are About to Unlock Millions of Dollars appeared first on Coin Edition.

Read the article at CoinEdition

Read More

TON Surges on UAE Golden Visa News; Crypto Community Reacts With Excitement and Doubt

TON Surges on UAE Golden Visa News; Crypto Community Reacts With Excitement and Doubt

Stake $100K in Toncoin and pay a $35K fee for a UAE Golden Visa, says TON Foundation;...
Bitcoin, Dogecoin, XRP Rise as Bessent Hints at Trade Deals Before Liberation Day Tariff Deadline

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Bitcoin briefly topped $109,000, while XRP, Solana's SOL, and dogecoin saw notable ga...