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Attention: Unlocking 120 Million Dollars Locked Tokens in 11 Altcoins This Week _! - Coin Bulletin
This week, unlocking worth millions of dollars will take place in a total of 11 altcoins.
According to Token Unlocks data, a total of over 167 million dollars in lock-up will be unlocked in 11 altcoin projects, including Venom (VENOM), Step Finance (STEP), and Ecolan Prime (PRIME) between September 23-29.
In general, the release of more than %1 of the circulating supply at lock-up unlocks has a significant negative impact on the price. In this regard, the upcoming lock-up unlocks for Maverick Protocol (MAV), Step Finance (STEP), Optimism (OP), and Echelon Prime (PRIME) are important.
Watch out for VENOM, OP, and STEP!
Especially noteworthy is the $26 million worth of 235 million key openings in VENOM, with a 12% circulation rate. It is important to consider the $41 million worth of key opening in OP, with a 2.54% supply rate.
Finally, the unlocking of the 31 million locked tokens in relation to STEP, which corresponds to 14% of the total supply, carries the risk of sale.
The unlocking of cryptocurrencies will take place as follows: