The post Crypto Market Braces for $349M Token Unlocking Event appeared first on Coinpedia Fintech News
Amid the growing anticipation of a Moonvember, the crypto market is set to witness significant token unlock events in the next 7 days. Based on the data from Tokenomist, a massive unlocking amount surpassing $349 million in total value is coming soon. This will include individual token unlocks exceeding $5 million of tokens such as NEON, BANANA, ADA, XAI, and BGB. The top tokens, including SOL, WLD, TIA, TAO, AVAX, DOGE, SEI, NEAR, DOT, SUI, and FIL, will also see linear large unlocks. The market volatility will likely grow with the increased liquidity following the unlock.