Avail Token Unlock in July Could Influence Market Dynamics Amid Multiple Crypto Releases

Key Points

1. Avail will unlock 972.85 million AVAIL tokens (38.23% of circulating supply, ~10% of total supply) valued at $19.46 million, allocated to investors, ecosystem development, and community initiatives.

2. Venom will release 59.26 million VENOM tokens (2.84% of circulating supply, 0.74% of total supply) worth $12.67 million, focusing on ecosystem growth, early backers, community, and team.

3. AltLayer will introduce 240.10 million ALT tokens (6.39% of circulating supply, 2.4% of total supply) valued at $9.01 million, distributed across investors, treasury, protocol development, team, ecosystem, and advisors.

4. Other projects like Sahara, Soon, and Undeads Games will collectively release over $96.7 million in tokens, potentially impacting prices, investor sentiment, and liquidity.

5. The unlocks represent a pivotal moment for these projects, with strategic implications for traders and long-term holders.