{"id":3541,"date":"2024-12-01T08:30:51","date_gmt":"2024-12-01T08:30:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3541"},"modified":"2024-12-01T08:30:51","modified_gmt":"2024-12-01T08:30:51","slug":"575-m-unlocks-threaten-altcoin-rally-why-you-should-monitor-cardanos-ada-solanas-jto","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3541","title":{"rendered":"$575-M Unlocks Threaten Altcoin Rally: Why You Should Monitor Cardano\u2019s ADA, Solana\u2019s JTO"},"content":{"rendered":"
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Certain big names in the altcoin market are gearing up for an influx of tokens as a wave of token unlocks is approaching. According to data provided by Tokenomist, a notable number of major altcoin projects are set to experience a surge in circulating supply during the first week of December. <\/p>\n

This upcoming wave involves an estimated $578 million worth of tokens being released into the market. Interestingly, a detailed look into various unlocking schedules shows that this is part of a total of $3.5 billion worth of token unlocks in December.<\/p>\n

Major Altcoin Unlocks Scheduled For Early December<\/b><\/h2>\n

The first week of December is set to witness a significant wave of token unlocks across the altcoin market, totaling an impressive $574.8 million. These weekly cliff unlocks, scheduled between December 2nd and December 8th, will introduce substantial new liquidity into the market, which might threaten the brewing altcoin rally.<\/a>\u00a0<\/p>\n

Among the highlights, Solana-based JTO leads the pack with a staggering $496.71 million worth of tokens to be unlocked, representing a remarkable 103.32% increase in its circulating supply. Cardano\u2019s ADA, a more established token, will see a modest release of $19.44 million, reflecting just 0.05% of its total supply. Although this is one too look at, it is very likely to be easily absorbed by the current buying momentum surrounding ADA.\u00a0<\/p>\n

NEON follows with $21.15 million in unlocks, marking a 44.92% addition to its supply. Other noteworthy unlocks include TAIKO with $17.47 million (11.38%), ENA with $9.17 million (0.45%), and HFT with $3.11 million (2.87%).<\/p>\n

\n

\"\ud83d\udd13\" Weekly Cliff Unlocks : 2 \u2013 8 Dec \u201924<\/p>\n

\"\ud83d\udd25\" $574.8m + \"\ud83d\udd25\"<\/p>\n

\"\ud83c\udf1f\" Unlock Highlights \"\ud83c\udf1f\"$JTO<\/a> (103.32%) \u2013 $496.71m$NEON<\/a> (44.92%) \u2013 $21.15m$ADA<\/a> (0.05%) \u2013 $19.44m$TAIKO<\/a> (11.38%) \u2013 $17.47m$ENA<\/a> (0.45%) \u2013 $9.17m$HFT<\/a> (2.87%) \u2013 $3.11m
\n.
\n( % of cir. supply) pic.twitter.com\/K2IoEq7YPr<\/a><\/p>\n

\u2014 Tokenomist (prev. TokenUnlocks) (@Tokenomist_ai) November 29, 2024<\/a><\/p>\n<\/blockquote>\n

How Will These Unlocks Impact Crypto Prices?<\/b><\/h2>\n

When previously locked tokens are released,<\/a> they become available for trading on the open market, often leading to a sudden increase in supply. This influx can create downward pressure on prices, particularly if a significant portion of holders opt to sell immediately.<\/p>\n

According to data from Tokenomist.ai<\/a>, December is poised to see additional noteworthy token unlocks beyond those already highlighted. Among these, Hyperlink (HYPE) stands out with a staggering $1.48 billion worth of tokens set for release. <\/p>\n

<\/p>\n

Given its current market capitalization of $2.297 billion, the injection of such a substantial supply into the market could have a pronounced impact on its price, especially if a large number of holders decide to sell their unlocked tokens.<\/p>\n

\"\"<\/p>\n

Sui (SUI) is another notable altcoin on the list, with $218.26 million worth of tokens, equivalent to 2.3% of its total supply, scheduled for release. Additionally, Optimism (OP) will see $73.34 million worth of tokens unlocked.<\/p>\n

Featured image from Pexels, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Certain big names in the altcoin market are gearing up for an influx of tokens as a wave of token unlocks is approaching. According to data provided by Tokenomist, a notable number of major altcoin projects are set to experience a surge in circulating supply during the first week of December. This upcoming wave involves […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3541","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3541","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3541"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3541\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}