Altcoin Selling Pressure Looms as $500M in Token Unlocks Scheduled This Week

Altcoin Selling Pressure Looms as $500M in Token Unlocks Scheduled This Week

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Source: Coindesk.com

Approximately $500 million in various cryptocurrencies are scheduled for unlock, potentially impacting their market due to increased supply. The unlocked tokens will be distributed to team members and investors for ecosystem development, with some, like WLD, facing a 7% supply increase. Historical data suggests that significant price changes might occur on average two weeks after

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The post "Altcoin Selling Pressure Looms as $500M in Token Unlocks Scheduled This Week" appeared first here Coindesk.com.

Source: Coindesk.com

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