$1.28 Billion Crypto Token Unlocks Scheduled for August

Crypto token unlocks worth over $1.28 billion are set to hit the market in August, according to Tokenomist. The largest one-time unlocks include HYPE, YZY, PROVE, KAITO, H, ENA, ZRO, CONX, and AVAX.

Linear unlocks will also occur for RAIN, SOL, CC, TRUMP, DOGE, WLD, ASTER, ZEC, MORPHO, TAO, AVAX, and PUMP. Investors are closely monitoring the unlock schedule as increased token supply can create additional selling pressure and higher market volatility.