Recent findings from the tokenomics insights company Token Unlocks indicate that a massive influx of crypto assets is anticipated in October.
In a new discussion thread on social platform X, the market intelligence group announces that $3.46 billion worth of digital tokens are set to be unlocked next month, comprising modular blockchain Celestia (TIA), AI token Worldcoin (WLD), and the smart contract platform Solana (SOL).
“Uptober is just on the horizon. Remain informed and avoid FOMO (fear of missing out).”
“With $3.46 billion in token releases slated for the month, it’s crucial to monitor the market closely. Key unlocks include: $1.12 billion TIA, $336.31 million WLD, $360.8 million SOL, and $1.65 billion worth of other tokens.”
According to the company’s data, the most significant week for crypto in terms of token unlocks for the remainder of the year will take place from October 28th to November 3rd, during which $1.854 billion worth of digital assets will be disbursed to stakeholders.
Moreover, the data indicates that another $2.518 billion worth of digital assets are poised for unlocking in November as well.
Token Unlocks cautions investors to be vigilant regarding how these upcoming token distributions might influence the market.
“This substantial influx of supply could affect the market, hence being well-informed and adapting your strategy based on broader market dynamics is essential.”
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