Important Token Unlocks Worth $442M Happen This Week: Watch These Altcoins
Main Idea
Over $442 million worth of crypto tokens will be unlocked between July 21 and July, with a mix of one-time cliff unlocks and daily linear distributions, led by projects like Avail, Venom, and AltLayer.
Key Points
1. This week's token unlocks total $442 million, a significant decrease from last week's $1.57 billion surge led by TRUMP and SOL.
2. Avail (AVAIL) leads with a $19.3 million unlock, representing nearly 58% of its circulating supply.
3. Venom will unlock 60 million VENOM tokens worth $13.06 million, while AltLayer will release 240.10 million ALT tokens valued at $8.93 million.
4. 39 crypto projects have scheduled cliff unlocks totaling $96.70 million, with over $68 million set to enter circulation on July 21 alone.
5. Solana (SOL) will release approximately 465,770 tokens worth $85.01 million, followed by TRUMP with $52.33 million and Bittensor with $45.42 million.
Description
Over $442 million worth of crypto tokens will unlock between July 21 and July 28. This week’s supply surge, while substantial, marks a sharp cooldown from last week’s $1.57 billion wave led by major Official Trump (TRUMP) and Solana (SOL) unlocks. The Unlock Breakdown Data shows a mix of one-time “cliff” unlocks and daily “linear” distributions, with Avail (AVAIL) leading the pack. It freed $19.3 million worth of tokens, representing nearly 58% of its circulating supply. Layer 1 network Venom wi...
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