$47M Worth of Crypto Tokens Set to Hit the Market! ๐ฐ
Another week, another round of token unlocks! ๐ This week, weโve got some heavy hitters in the crypto space preparing to release millions of dollars worth of tokens into circulation. Will these unlocks pump the market or bring sell pressure? Letโs dive into the details! ๐
TL;DR
Project | Ticker | Price | Market Cap | Circulating Supply | Next Unlock Amount | Unlock Value | Unlock Date |
---|
AltLayer | ALT | $0.0399 | $111.50M | 2.79B ALT | 240.8M ALT | $9.62M | Mar 25, 2025 |
Yield Guild Games | YGG | $0.204 | $87.60M | 429.5M YGG | 11.49M YGG | $2.35M | Mar 27, 2025 |
Undeads Games | UDS | $0.967 | $69.51M | 71.86M UDS | 3.18M UDS | $3.07M | Mar 30, 2025 |
Echelon Prime | PRIME | $3.87 | $217.51M | 56.28M PRIME | 751.91K PRIME | $2.91M | Mar 31, 2025 |
Grass | GRASS | $1.34 | $367.02M | 275.48M GRASS | 3.71M GRASS | $4.98M | Mar 31, 2025 |
Optimism | OP | $0.863 | $1.40B | 1.62B OP | 32.21M OP | $27.78M | Mar 31, 2025 |
Key Unlocks This Week ๐
AltLayer (ALT) โ March 25, 2025
- Unlock Amount: 240.80M ALT ($9.62M)
- Market Cap: $111.50M
- Current Price: $0.0399 (+3.55%)
- Circulating Supply: 2.79B ALT (27.9%)
- Locked Supply: 7.21B ALT (72.1%)
AltLayer is dropping $9.62M worth of tokens (8.63% of its market cap), which could have a stronger impact on price movement. Given its high locked supply (72.1%), expect volatility! โก
Yield Guild Games (YGG) โ March 27, 2025
- Unlock Amount: 11.49M YGG ($2.35M)
- Market Cap: $87.60M
- Current Price: $0.204 (+2.91%)
- Circulating Supply: 429.50M YGG (53.6%)
- Locked Supply: 384.11M YGG (38.4%)
YGGโs $2.35M unlock represents 2.68% of its market capโnot too extreme but still something to keep an eye on, especially for gaming token enthusiasts! ๐ฎ
Undeads Games (UDS) โ March 30, 2025
- Unlock Amount: 3.18M UDS ($3.07M)
- Market Cap: $69.51M
- Current Price: $0.967 (-1.13%)
- Circulating Supply: 71.86M UDS (29.8%)
- Locked Supply: 175.58M UDS (70.2%)
With 70.2% of UDS tokens still locked, this unlock of $3.07M (4.42% of market cap) could shake things up. Traders should watch for any sell pressure! ๐
Echelon Prime (PRIME) โ March 31, 2025
- Unlock Amount: 751.91K PRIME ($2.91M)
- Market Cap: $217.51M
- Current Price: $3.87 (+0.55%)
- Circulating Supply: 56.28M PRIME (41.5%)
- Locked Supply: 17.34M PRIME (15.6%)
PRIMEโs upcoming unlock is relatively small at $2.91M, just 1.34% of its market cap. Expect minimal price impact unless traders react unexpectedly. ๐ง
Grass (GRASS) โ March 31, 2025
- Unlock Amount: 3.71M GRASS ($4.98M)
- Market Cap: $367.02M
- Current Price: $1.34 (+4.16%)
- Circulating Supply: 275.48M GRASS (25.9%)
- Locked Supply: 741.27M GRASS (74.1%)
At $4.98M, this unlock accounts for 1.36% of GRASSโs market cap. Given the high percentage of locked supply, itโs unlikely to cause major disruption. ๐ฑ
Optimism (OP) โ March 31, 2025
- Unlock Amount: 32.21M OP ($27.78M)
- Market Cap: $1.40B
- Current Price: $0.863 (+1.23%)
- Circulating Supply: 1.62B OP (34%)
- Locked Supply: 483.11M OP (11.2%)
This weekโs biggest unlock belongs to Optimism (OP), with $27.78M worth of tokens hitting the market. Although itโs only 1.99% of OPโs market cap, the sheer size of the unlock means it could influence price movements. ๐ดโก
Whatโs Next? Should You Worry? ๐ค
The impact of these unlocks depends on several factors:
- โ Liquidity โ Higher liquidity tokens can absorb unlocks more easily.
- โ Investor Sentiment โ If holders believe in long-term potential, sell pressure may be minimal.
- โ Market Conditions โ A bullish market can mitigate unlock effects, while a bearish market may amplify them.
While some of these unlocks are small, AltLayer, Undeads Games, and Optimism could experience volatility due to their larger unlock sizes. Keep an eye on trading volumes and whale movements to anticipate potential price swings! ๐๐