Massive Token Unlocks Scheduled for 10 Altcoins This Week

The cryptocurrency market has been experiencing a decline due to recent hacking incidents and geopolitical developments. One notable incident was the hacking of ColdCard, a Bitcoin hardware wallet, which affected users who had it in 2021 and before.

However, this week will see significant token unlocks in numerous altcoins. A total of 10 altcoins are scheduled for token unlocks between August 4th and August 9th.

Lagrange (LA) is expected to unlock 15.04% of its market value, amounting to $1.38 million on August 4th at 03:00 UTC+3 Turkish time. Succinct (PROVE), Power Protocol (POWER), and Verona (VERONA) will also experience token unlocks on the same day.

The following days will see additional token unlocks, including Ethereum (ENA) on August 5th at 11:00 AM, with a total of $15.28 million being unlocked, representing 1.80% of its market value. GoldFinger (GF), INFINIT (IN), Stable (STABLE), NAME, and Movement (MOVE) will also experience token unlocks throughout the week.