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Crypto Market Outlook: Brace for Impact as Top Token Unlocks Worth $3B Flood Market 

March 1, 2024
Reading Time: 2 mins read
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In a latest report from Token Unlocks, a platform intently monitoring token releases, it’s been revealed that March is witnessing substantial unlocking occasions for main tokens like SUI, APT, ARB, APE, and extra. The overall unlock worth surpasses $2.919 billion, signaling an important time for token liquidity and market dynamics.

What must you concentrate on?

March Unlocks to Observe

Finally, the upcoming launch of considerable token unlock occasions, typically seen as potential bearish triggers within the crypto market, are set to unfold this month, exerting various pressures on altcoins. 

Sui (SUI):

  • 16.69 million SUI tokens are set to be launched on March 3, valued at $58.15 million.
  • This accounts for two.97% of the circulating provide.

Aptos (APT):

  • Between March 3 to 13, 24.84 million APT tokens, value $290.16 million, might be unleashed.
  • This represents 6.76% of the circulating provide.

Arbitrum (ARB):

  • An unlocking occasion for 1.11 billion ARB tokens is scheduled, with a considerable worth of round $2.212 billion.

ApeCoin (APE):

  • From March 3 to 17, 15.60 million APE tokens, valued at $30.27 million, will hit the market.
  • This contributes 2.24% of the circulating provide.

Manta Community (MANTA):

  • Between March 3 to 17, 6.67 million MANTA tokens, valued at $18.00 million, might be unveiled.
  • This represents 0.74% of the circulating provide.

Immutable (IMX):

  • From March 3 to 22, 34.19 million IMX tokens, valued at $109.75 million, might be poured into the market.
  • This accounts for two.46% of the circulating provide.

Yield Guild Video games (YGG):

  • Unlocking 16.69 million YGG tokens value $12.28 million from March 3 to 27.
  • This constitutes 5.51% of the circulating provide.

Optimism (OP):

  • Releasing 24.16 million OP tokens value $90.84 million from March 3 to 29.
  • This represents 2.52% of the circulating provide.

Echelon Prime (PRIME):

  • Introducing 1.66 million PRIME tokens valued at $25.26 million from March 3 to 31.
  • This contributes 4.89% of the circulating provide.

Buyers, Maintain Regular!

As these unlocking occasions unfold, traders discover themselves in a dynamic panorama, responding to every token’s distinctive circumstances and potential impacts in the marketplace. The stage is ready and we’re excited – are you?

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