Major Coin Unlocks This Week Impacting Altcoin Prices

This week in the cryptocurrency market, several altcoins are set to experience significant coin unlocks. According to data from Token Unlocks, high-volume unlocks will occur in various projects, including SOLV, APE, and OM. Given that these unlocks can deeply affect the market prices of the respective altcoins, it is essential for traders to stay alert.

Highlighted Altcoins with Upcoming Unlocks

When a coin unlock happens for an altcoin , its supply increases, potentially causing a price drop. One of the most notable coin unlocks this week is for Solv Protocol (SOLV). Data indicates that today at 10:00 AM (UTC), 117 million SOLV coins will be unlocked, representing 7.93% of the current circulating supply and worth approximately $5 million. Additionally, at 12:30 PM, ApeCoin (APE) will also see 15.6 million coins enter circulation, which corresponds to 1.95% of its existing supply and is valued at around $8 million.

On March 18, at 12:00 PM (UTC), QuantixAI (QAI) will unlock 566,000 coins, amounting to 3,960% of its current circulating supply, worth approximately $41.4 million. Another altcoin, Fasttoken (FTN), will also have a coin unlock at 12:00 PM on the same day, releasing 20 million FTN coins. This unlock represents 4.65% of its circulating supply and is valued at $79.8 million.

Other Altcoins with Coin Unlocks

In addition to SOLV, APE, QAI, and FTN, several other altcoins will also undergo coin unlocks this week. On March 18, at 12:00 PM (UTC), Melania (MELANIA) will unlock 26.25 million coins, representing 17.50% of its supply and worth $17.6 million. On March 19, Polyhedra Network (ZKJ) will unlock 15.53 million coins, accounting for 25.72% of its circulating supply, valued at approximately $31.8 million.

On March 21, at 12:00 PM (UTC), Immutable (IMX) will unlock 24.52 million coins, representing 1.39% of its supply and worth about $13.4 million. On March 22, SPACE ID (ID) will see 78.49 million coins unlocked at 12:00 PM (UTC), which constitutes 18.23% of its supply, valued at $19.3 million. Finally, on March 23, MANTRA (OM), Metars Genesis (MRS), and Murasaki (MURA) will each have their coins unlocked, totaling 5 million, 10 million, and 10 million coins respectively.