


This week, a noteworthy development is occurring in the crypto market. A total of 445 million dollars worth of tokens will be released between November 10-17. This situation is creating curiosity and concern among investors and could lead to increased short-term selling pressure. Particularly during the token unlock periods, significant openings are noticeable in some projects.
According to data shared by Tokenomist, prominent projects that will unlock this week include APT (36.53 million dollars), LINEA (36.67 million dollars), and CONX (34.00 million dollars). Other unlocks include AVAX (29.99 million dollars), ARB (28.06 million dollars), and STRK (19.04 million dollars).
Among the projects that will be released gradually are SOL (82.15 million dollars), TRUMP (38.05 million dollars), and WLD (30.83 million dollars). The opening rates of these projects could increase selling pressure due to the effect of the current market. For instance, high percentage openings like WCT (65.26% of locked supply) and USUAL (18.87% of locked supply) may lead to price fluctuations in the short term.
For high market cap projects like SOL, WLD, and TRUMP, the impact of the openings on the market is expected to be limited. It will be important for investors this week to closely monitor the price movements of the projects and the behavior of sellers. Overall, there are some critical levels that short-term position takers need to pay attention to.
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