Token Unlocks: Your Crucial Guide to This Week’s $19.22M AVAIL Release and Its Market Impact

Key Points

1. Token unlocks involve the release of previously held-back cryptocurrency tokens into the market, often to foster stability and growth over time.

2. AVAIL's upcoming unlock is notable, with 973 million tokens (38.23% of circulating supply) worth $19.22 million being released on July 23 at 08:00 UTC.

3. Other significant unlocks this week include IOTA ($3.6 million), SOON ($6.09 million), VENOM ($13.04 million), ALT ($8.83 million), and SAHARA ($7.09 million).

4. Token unlocks can affect market prices due to increased supply, but the impact depends on factors like market sentiment and project fundamentals.

5. Investors should analyze token unlock schedules and project roadmaps to make informed decisions, as long-term potential often outweighs short-term volatility.