$1.28 Billion Crypto Token Unlocks Set for Market Debut in August

Over $1.28 billion worth of crypto token unlocks are scheduled to hit the market in August, according to Tokenomist.

The major one-time unlocks include HYPE, YZY, PROVE, KAITO, H, ENA, ZRO, CONX, and AVAX, while significant linear unlocks are expected 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.