Upcoming Token Unlocks to Watch in the Next Week: What Investors Need to Know

In the cryptocurrency universe, investor and trader key events always revolve around token unlocks.

For when tokens become tradable tends to be when you see sizable price alterations and fresh shouts of ‘market dynamics!’ For our volatile crypto landscape, the next handful of days is set to bring some substantial token unlocks—six, to be specific. So, yeah, look out for this possibility of even wilder price swings in the uncanny valley between ‘support’ and ‘resistance’ (browser window open or closed).

Key Token Unlocks in the Next Week

The next week will have some significant token unlocks that are likely to draw the eye of the crypto world. Here are the main ones to look for:

APT Unlock – March 12: This week sees a most substantial unlocking of the token $APT, which will release an astonishing amount of tokens worth $67 million. This release is one of the largest scheduled unlocks for the next seven days and quite possibly the most impactful in terms of what it could do to the price of $APT. Given the size of the unlock, there will definitely be some selling pressure, and with that, we may see some short-term price volatility. On the other hand, if the market reacts negatively and the price drops sharply, that could give us a lovely buying opportunity because the $APT token’s long-term prospects are most definitely intact.

– $ZKJ Unlock – March 14: Following the large unlock of $APT, on March 14, 35 million USD worth of tokens of $ZKJ will be made available to the public. While not quite on par with what $APT delivered, 35 million tokens are still a decent chunk, and traders will probably pay attention to it. Investors should be careful around that time of March because, historically speaking, unlocks have been known to cause minor price dips as the unlocked tokens get sold off into the market. But if we’re to imagine that $ZKJ is a good long-term project, then its March unlock should have some positive implications in terms of price and liquidity.

– $MOVE Unlock – March 9: Another notable unlock to keep an eye on is $MOVE, which will release 24.3 million USD worth of tokens on March 9. This unlock comes just before the $APT release, and its impact could be less pronounced given its smaller size. Nonetheless, the influx of new tokens into circulation could cause a slight dip in price, especially if market sentiment remains weak. For traders with a shorter-term focus, this might present an opportunity to capitalize on the price swings following the unlock.

– $STRK Unlock – March 15: On March 15, $STRK will unlock 11.5 million USD in tokens. While this is one of the smaller unlocks in comparison to others on the list, $STRK still holds a significant presence in the crypto market. Investors looking for mid- to long-term growth may find this unlock less concerning, especially if they believe in the fundamentals of the project. However, the likely follow-on market volatility means traders may need to act quickly to take advantage of any price movements.

– $ENA Unlock – March 12: On March 12, $ENA will unlock 3.5 million worth of tokens. While this is a smaller-scale unlock, it could still have an effect on the price of $ENA in the short term. As with all unlock events, there may be a rush to sell the newly unlocked tokens, causing temporary downward pressure on the price. However, if $ENA has strong fundamentals and market demand, the unlock may result in a positive outcome in the long term.

– $IO Unlock – March 11: Another cryptocurrency to watch is $IO, which will unlock 3.2 million USD worth of tokens on March 11. The value of this unlock is lower than some of the others, but it’s still a significant event for investors in $IO. As with other token unlocks, this one has the potential to create some short-term price volatility.

Investors should watch market sentiment closely for this one, because it could react strongly in either direction, creating buying or selling opportunities depending on which way the wind is blowing.

– $COOKIE Unlock – March 13: Lastly, $COOKIE will unlock 2.36 million USD worth of tokens on March 13. As one of the smallest unlocks of the week, the impact on $COOKIE’s price may be more muted compared to the larger events. However, the increase in token supply could still result in price fluctuations, especially if $COOKIE has a passionate community or large volume trading.

What Investors Should Watch For

Post-token unlock, trading volume often surges; investors, therefore, should monitor trading volume closely in the run-up to an unlock date. A general rule of thumb is that the larger the unlock event, the larger the downward price effect, simply because so many more tokens are now in circulation. But we should always bear in mind that the price effect varies with several factors—most importantly, what investors are thinking and feeling about the project at that time.

In addition, investors ought to regard the basic long-term potential of every project. Should a token’s fundamentals be sound, a temporary price dip due to an unlock event could yield a buying opportunity. By contrast, if a token’s basic condition is poor and lacks significant immediate use cases, its unlock event could intensify any ongoing selloff and cause its price to drop even further.

To sum up, the next week is jam-packed with token unlocks that are bound to rattle the market. Traders ought to prep for what could be a pretty volatile week, but they should also keep in mind the fundamental story of each of these unlocks. That’s the thing: Whether you’re a trader riding the short-term waves or an investor looking to a long-term horizon, the volatile nature of unlock events makes it all the more crucial that you stay informed.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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