Altcoins Traders Brace For Over $350 Million Token Unlocks
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Altcoins have caught the attention of investors due to recent gains in the crypto market. However, the upcoming release of over $350 million worth of previously locked tokens is causing significant concerns about the future prices of these cryptocurrencies. Token unlocks introduce additional supply into the market, which could potentially impact prices.
The phenomenon of token unlocks is critical, as it directly affects the market dynamics for the concerned altcoins. Traders and investors are closely monitoring these unlocks to manage potential risks and rewards associated with their investments.
Source: coingape.com ↗
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