Gate News, the Crypto Assets market is preparing to welcome a series of significant Token unlocks in the coming days and weeks, events that often bring Fluctuation to asset prices. Token unlocks refer to the planned release of previously restricted encryption Token into circulation, usually from allocations designated for the team, early investors, or project development. While these events are part of the project's long-term exercise plan, the new unlocked Tokens gaining Liquidity may lead to increased dumping pressure.

According to the Gate.io News bot, Tokenomist reports that multiple crypto assets projects will experience token unlocks in the next 7 days. Among them, projects like VENOM ALT will have a single large unlock, with an amount exceeding 5 million dollars. At the same time, projects such as SOL, WLD, TRUMP, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, JTO will undergo linear unlocks, with daily unlock amounts exceeding 1 million dollars. The total value of the unlocked tokens from these projects exceeds 235 million dollars. Source: Wu Says

In September, the total value of unlocked mainstream market tokens reached 101 million US dollars, with 2.35 billion VENOM unlocked by Venom worth approximately 25.55 million US dollars, accounting for 12.66% of the circulating supply; 14.08 million YGG unlocked by Ygg worth approximately 6.5 million US dollars, accounting for 3.65% of the circulating supply; 8.19 million AGIX unlocked by SingularityNET worth approximately 5.82 million US dollars, accounting for 1.63% of the circulating supply; 14.89 million ENA unlocked by Ethena worth approximately 4.3 million US dollars, accounting for 0.78% of the circulating supply; and 31.34 million OP unlocked by Optimism worth approximately 55.47 million US dollars, accounting for 2.64% of the circulating supply.

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