Over $70 million in crypto will be unlocked this week, potentially triggering buying or selling pressure for the tokens. Here are the top 7 crypto unlocks of the current week.
Top 7 Token Unlocks of the Week – Over $70 Million in Crypto
Top 7 token unlocks of the week 1. Immutable (IMX)
On January 24, over 24.5 million IMX tokens will be unlocked, representing 1.23% of the total token supply. The unlock amount will be over $30 million or over 1.4% of the fully diluted market cap of the token at over $2.4 billion.
So far, 86.5% of the total token supply has been unlocked, CryptoRank notes.
Today, IMX surged by over 2.7%, and the coin is trading at $1.23, with a market cap above $2.1 billion.
IMX price in USD today2. AltLayer (ALT)
On January 25, 240.8 million ALT tokens will be unlocked, or 2.41% of the total token supply. The unlock amount is over $22 million or 10.5% of the fully diluted market cap of the token at $922 million.
So far, 23.1% of the total token supply has been unlocked.
Today, ALT is up by over 5%, with a market cap of over $216 million.
ALT price in USD today3. Space ID (ID)
On January 22, almost 18.5 million ID tokens will be unlocked, representing 0.93% of the total supply. The unlock amount is $7.53 million, or almost 4.3% of the fully diluted market cap of the token at $819 million.
So far, over 43% of the total token supply has been unlocked.
Today, ID is trading at $0.41, up by 3% in the last 24 hours. The coin’s market cap is above $353 million.
ID price in USD today4. Hatom (HTM)
Today, over 5 million HTM tokens will be unlocked, or over 5% of the total supply. The unlock amount is over $4.5 million or 10.3% of the fully diluted market cap of the token at $90.1 million. Over 49% of the total token supply has been unlocked so far.
HTM is down by 5% today. The coin is trading at $0.84 and it has a market cap above $14 million.
HTM price in USD today5. Sovrun (SOVRN)
On January 26, over 36.7 million SOVRN tokens will be unlocked, or a little over 4% of the total supply. The unlock amount is $2.66 million, or over 4.4% of the fully diluted market cap of the token at $65.8 million.
So far, 82.4% of the total token supply has been unlocked.
Today, SOVRN is down by 9% and it has a market cap of over $39 million.
SOVRN price in USD today6. Moonwell (WELL)
On January 23, 37 million WELL tokens will be unlocked, or over 0.7% of the total supply. The unlock amount is $1.88 million representing 1.18% of the fully diluted market cap of the token at $255 million.
So far, 46.7% of the total token supply has been unlocked.
WELL price is down by 4.7% today, and it’s trading at $0.05.
WELL price in USD today7. GT Protocol (GTAI)
On January 25, 3.35 million GTAI tokens will be unlocked, or over 4.4% of the total supply. The unlock amount will be $1.85 million or over 8.3% of the fully diluted market cap of the token at $41.5 million.
So far, over 53% of the total supply of the token has been unlocked.
GTAI is down by over 6% today, with a market cap of $24.4 million.
GTAI price in USD todayThese token unlocks are important events as they can trigger market volatility due to the buying or selling pressure of the digital assets.
