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Bitcoin Bitcoin (BTC) $119,144.03 ↓ -0.56%
Ethereum Ethereum (ETH) $4,407.48 ↑ 3.09%
XRP XRP (XRP) $3.19 ↓ -0.70%
Tether USDt Tether USDt (USDT) $1.00 ↑ 0.02%
BNB BNB (BNB) $813.29 ↑ 1.59%
Solana Solana (SOL) $177.76 ↓ -0.48%
USDC USDC (USDC) $1.00 ↑ 0.02%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -1.49%
TRON TRON (TRX) $0.35 ↑ 1.71%
Cardano Cardano (ADA) $0.80 ↑ 0.47%
Chainlink Chainlink (LINK) $22.99 ↑ 5.66%
Hyperliquid Hyperliquid (HYPE) $43.41 ↓ -2.70%
Stellar Stellar (XLM) $0.44 ↓ -1.14%
Sui Sui (SUI) $3.76 ↑ 0.40%
Bitcoin Cash Bitcoin Cash (BCH) $589.66 ↓ -0.32%
Hedera Hedera (HBAR) $0.25 ↓ -0.67%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.02%
Avalanche Avalanche (AVAX) $23.72 ↑ 1.08%
Litecoin Litecoin (LTC) $121.17 ↓ -3.25%
Toncoin Toncoin (TON) $3.40 ↑ 0.64%
UNUS SED LEO UNUS SED LEO (LEO) $9.06 ↑ 0.68%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -0.71%
Uniswap Uniswap (UNI) $11.12 ↑ 3.23%
Polkadot Polkadot (DOT) $3.98 ↑ 0.96%
Cronos Cronos (CRO) $0.17 ↑ 0.17%
Dai Dai (DAI) $1.00 ↑ 0.00%
Ethena Ethena (ENA) $0.80 ↓ -0.15%
Bitget Token Bitget Token (BGB) $4.41 ↑ 0.12%
Pepe Pepe (PEPE) $0.00 ↓ -0.94%
Monero Monero (XMR) $254.06 ↓ -5.40%
Aave Aave (AAVE) $305.05 ↑ 2.09%
Bittensor Bittensor (TAO) $372.25 ↓ -0.03%
Ethereum Classic Ethereum Classic (ETC) $22.78 ↑ 0.75%
Mantle Mantle (MNT) $1.02 ↑ 1.34%
NEAR Protocol NEAR Protocol (NEAR) $2.66 ↓ -0.77%
Ondo Ondo (ONDO) $1.01 ↑ 0.87%
Aptos Aptos (APT) $4.67 ↑ 0.88%
Pi Pi (PI) $0.38 ↓ -5.49%
Internet Computer Internet Computer (ICP) $5.47 ↓ -0.90%
OKB OKB (OKB) $45.97 ↓ -0.99%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 0.21%
Kaspa Kaspa (KAS) $0.09 ↓ -2.63%
Arbitrum Arbitrum (ARB) $0.46 ↑ 1.54%
Algorand Algorand (ALGO) $0.26 ↑ 0.65%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -5.38%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.01%
VeChain VeChain (VET) $0.02 ↑ 0.88%
Cosmos Cosmos (ATOM) $4.55 ↓ -0.62%
GateToken GateToken (GT) $16.52 ↓ -1.17%
Render Render (RENDER) $3.84 ↓ -0.03%
Bonk Bonk (BONK) $0.00 ↓ -5.92%
Worldcoin Worldcoin (WLD) $1.01 ↓ -1.78%
Sei Sei (SEI) $0.31 ↓ -0.71%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $8.89 ↓ -0.95%
Sky Sky (SKY) $0.08 ↓ -2.88%
Filecoin Filecoin (FIL) $2.53 ↓ -0.13%
Story Story (IP) $5.82 ↓ -8.48%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.70 ↑ 0.29%
SPX6900 SPX6900 (SPX) $1.76 ↓ -3.47%
Flare Flare (FLR) $0.02 ↓ -0.24%
Jupiter Jupiter (JUP) $0.51 ↓ -0.83%
KuCoin Token KuCoin Token (KCS) $11.98 ↑ 1.00%
XDC Network XDC Network (XDC) $0.09 ↑ 1.47%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.02%
Four Four (FORM) $3.76 ↓ -2.80%
Injective Injective (INJ) $14.09 ↑ 0.16%
Lido DAO Lido DAO (LDO) $1.52 ↑ 0.71%
Quant Quant (QNT) $112.34 ↓ -0.02%
Optimism Optimism (OP) $0.77 ↓ -0.11%
Celestia Celestia (TIA) $1.78 ↓ -0.62%
Stacks Stacks (STX) $0.73 ↓ -3.02%
Curve DAO Token Curve DAO Token (CRV) $0.94 ↓ -2.45%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -1.73%
Immutable Immutable (IMX) $0.58 ↑ 0.16%
FLOKI FLOKI (FLOKI) $0.00 ↓ -1.86%
Ethereum Name Service Ethereum Name Service (ENS) $28.68 ↑ 0.71%
Aerodrome Finance Aerodrome Finance (AERO) $1.16 ↑ 0.67%
Conflux Conflux (CFX) $0.20 ↓ -1.45%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.00%
The Graph The Graph (GRT) $0.10 ↑ 0.12%
PancakeSwap PancakeSwap (CAKE) $2.77 ↑ 0.50%
Tezos Tezos (XTZ) $0.90 ↑ 7.30%
PAX Gold PAX Gold (PAXG) $3,334.22 ↓ -0.54%
dogwifhat dogwifhat (WIF) $0.93 ↓ -2.22%
Pendle Pendle (PENDLE) $5.50 ↓ -0.30%
Kaia Kaia (KAIA) $0.15 ↓ -1.15%
Sonic Sonic (S) $0.31 ↓ -0.33%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.33 ↓ -4.24%
Nexo Nexo (NEXO) $1.34 ↓ -2.27%
Fartcoin Fartcoin (FARTCOIN) $0.87 ↓ -12.40%
Vaulta Vaulta (A) $0.54 ↑ 2.69%
Theta Network Theta Network (THETA) $0.85 ↑ 0.66%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 1.94%
Raydium Raydium (RAY) $3.15 ↓ -2.57%
Tether Gold Tether Gold (XAUt) $3,338.01 ↓ -0.57%
IOTA IOTA (IOTA) $0.20 ↑ 0.02%
Gala Gala (GALA) $0.02 ↑ 0.18%
The Sandbox The Sandbox (SAND) $0.29 ↓ -0.36%
Pyth Network Pyth Network (PYTH) $0.12 ↑ 0.43%
MemeCore MemeCore (M) $0.44 ↓ -4.65%
Bitcoin Bitcoin (BTC) $119,144.03 ↓ -0.56%
Ethereum Ethereum (ETH) $4,407.48 ↑ 3.09%
XRP XRP (XRP) $3.19 ↓ -0.70%
Tether USDt Tether USDt (USDT) $1.00 ↑ 0.02%
BNB BNB (BNB) $813.29 ↑ 1.59%
Solana Solana (SOL) $177.76 ↓ -0.48%
USDC USDC (USDC) $1.00 ↑ 0.02%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -1.49%
TRON TRON (TRX) $0.35 ↑ 1.71%
Cardano Cardano (ADA) $0.80 ↑ 0.47%
Chainlink Chainlink (LINK) $22.99 ↑ 5.66%
Hyperliquid Hyperliquid (HYPE) $43.41 ↓ -2.70%
Stellar Stellar (XLM) $0.44 ↓ -1.14%
Sui Sui (SUI) $3.76 ↑ 0.40%
Bitcoin Cash Bitcoin Cash (BCH) $589.66 ↓ -0.32%
Hedera Hedera (HBAR) $0.25 ↓ -0.67%
Ethena USDe Ethena USDe (USDe) $1.00 ↑ 0.02%
Avalanche Avalanche (AVAX) $23.72 ↑ 1.08%
Litecoin Litecoin (LTC) $121.17 ↓ -3.25%
Toncoin Toncoin (TON) $3.40 ↑ 0.64%
UNUS SED LEO UNUS SED LEO (LEO) $9.06 ↑ 0.68%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -0.71%
Uniswap Uniswap (UNI) $11.12 ↑ 3.23%
Polkadot Polkadot (DOT) $3.98 ↑ 0.96%
Cronos Cronos (CRO) $0.17 ↑ 0.17%
Dai Dai (DAI) $1.00 ↑ 0.00%
Ethena Ethena (ENA) $0.80 ↓ -0.15%
Bitget Token Bitget Token (BGB) $4.41 ↑ 0.12%
Pepe Pepe (PEPE) $0.00 ↓ -0.94%
Monero Monero (XMR) $254.06 ↓ -5.40%
Aave Aave (AAVE) $305.05 ↑ 2.09%
Bittensor Bittensor (TAO) $372.25 ↓ -0.03%
Ethereum Classic Ethereum Classic (ETC) $22.78 ↑ 0.75%
Mantle Mantle (MNT) $1.02 ↑ 1.34%
NEAR Protocol NEAR Protocol (NEAR) $2.66 ↓ -0.77%
Ondo Ondo (ONDO) $1.01 ↑ 0.87%
Aptos Aptos (APT) $4.67 ↑ 0.88%
Pi Pi (PI) $0.38 ↓ -5.49%
Internet Computer Internet Computer (ICP) $5.47 ↓ -0.90%
OKB OKB (OKB) $45.97 ↓ -0.99%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 0.21%
Kaspa Kaspa (KAS) $0.09 ↓ -2.63%
Arbitrum Arbitrum (ARB) $0.46 ↑ 1.54%
Algorand Algorand (ALGO) $0.26 ↑ 0.65%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -5.38%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.01%
VeChain VeChain (VET) $0.02 ↑ 0.88%
Cosmos Cosmos (ATOM) $4.55 ↓ -0.62%
GateToken GateToken (GT) $16.52 ↓ -1.17%
Render Render (RENDER) $3.84 ↓ -0.03%
Bonk Bonk (BONK) $0.00 ↓ -5.92%
Worldcoin Worldcoin (WLD) $1.01 ↓ -1.78%
Sei Sei (SEI) $0.31 ↓ -0.71%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $8.89 ↓ -0.95%
Sky Sky (SKY) $0.08 ↓ -2.88%
Filecoin Filecoin (FIL) $2.53 ↓ -0.13%
Story Story (IP) $5.82 ↓ -8.48%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.70 ↑ 0.29%
SPX6900 SPX6900 (SPX) $1.76 ↓ -3.47%
Flare Flare (FLR) $0.02 ↓ -0.24%
Jupiter Jupiter (JUP) $0.51 ↓ -0.83%
KuCoin Token KuCoin Token (KCS) $11.98 ↑ 1.00%
XDC Network XDC Network (XDC) $0.09 ↑ 1.47%
First Digital USD First Digital USD (FDUSD) $1.00 ↑ 0.02%
Four Four (FORM) $3.76 ↓ -2.80%
Injective Injective (INJ) $14.09 ↑ 0.16%
Lido DAO Lido DAO (LDO) $1.52 ↑ 0.71%
Quant Quant (QNT) $112.34 ↓ -0.02%
Optimism Optimism (OP) $0.77 ↓ -0.11%
Celestia Celestia (TIA) $1.78 ↓ -0.62%
Stacks Stacks (STX) $0.73 ↓ -3.02%
Curve DAO Token Curve DAO Token (CRV) $0.94 ↓ -2.45%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -1.73%
Immutable Immutable (IMX) $0.58 ↑ 0.16%
FLOKI FLOKI (FLOKI) $0.00 ↓ -1.86%
Ethereum Name Service Ethereum Name Service (ENS) $28.68 ↑ 0.71%
Aerodrome Finance Aerodrome Finance (AERO) $1.16 ↑ 0.67%
Conflux Conflux (CFX) $0.20 ↓ -1.45%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.00%
The Graph The Graph (GRT) $0.10 ↑ 0.12%
PancakeSwap PancakeSwap (CAKE) $2.77 ↑ 0.50%
Tezos Tezos (XTZ) $0.90 ↑ 7.30%
PAX Gold PAX Gold (PAXG) $3,334.22 ↓ -0.54%
dogwifhat dogwifhat (WIF) $0.93 ↓ -2.22%
Pendle Pendle (PENDLE) $5.50 ↓ -0.30%
Kaia Kaia (KAIA) $0.15 ↓ -1.15%
Sonic Sonic (S) $0.31 ↓ -0.33%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.33 ↓ -4.24%
Nexo Nexo (NEXO) $1.34 ↓ -2.27%
Fartcoin Fartcoin (FARTCOIN) $0.87 ↓ -12.40%
Vaulta Vaulta (A) $0.54 ↑ 2.69%
Theta Network Theta Network (THETA) $0.85 ↑ 0.66%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 1.94%
Raydium Raydium (RAY) $3.15 ↓ -2.57%
Tether Gold Tether Gold (XAUt) $3,338.01 ↓ -0.57%
IOTA IOTA (IOTA) $0.20 ↑ 0.02%
Gala Gala (GALA) $0.02 ↑ 0.18%
The Sandbox The Sandbox (SAND) $0.29 ↓ -0.36%
Pyth Network Pyth Network (PYTH) $0.12 ↑ 0.43%
MemeCore MemeCore (M) $0.44 ↓ -4.65%
Home Cryptocurrency

These Altcoins Should Be Taken Note: Big Sale Might Happen in July!

Sean Odhran by Sean Odhran
16 July 2023
in Cryptocurrency
Reading Time: 4 mins read
0
Big-Sale-Might-Happen-in-July!

  In July, a noteworthy development is unfolding for altcoins that could potentially trigger substantial sales . This event pertains to the imminent token unlock , resulting in a significant influx of tokens entering the market within the upcoming hours and days . Now, let’s delve into the specifics and explore further details surrounding this occurrence.

Table of Contents

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  • Important development for altcoins   
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    • $31M Aptos token unlocked in less than 12 hours

Important development for altcoins   

      In July, a significant amount of crypto tokens will be unleashed into the market, totaling over $138 million in value . This release includes various altcoins such as Aptos (APT), ApeCoin (APE), Axie Infinity (AXS), and Optimism (OP) . Specifically, Aptos is scheduled to unlock 4.54 million tokens valued at more than $31 million, constituting approximately 2.16% of its circulating supply .

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     Furthermore, an important milestone awaits Optimism (OP) on July 30th . On this date , it will initiate the unlocking process for 24.16 million tokens with an estimated worth of around $29 million designated for core participants and investors involved in the project’s development and growth.

     During the month of July, a substantial influx of cryptocurrencies valued at over $138 million is expected to enter the market. This includes altcoins such as Aptos (APT), ApeCoin (APE) , Axie Infinity (AXS), and Optimism (OP). As a result, there may be an increase in selling pressure within the market .

     The upcoming token unlock events hold significant importance for traders and investors who closely monitor these developments. These events have the potential to introduce a considerable amount of new tokens into circulation ultimately impacting token prices due to the subsequent increase in supply .

Big-Sale-Might-Happen-in-July2

$31M Aptos token unlocked in less than 12 hours

     Aptos is set to release tokens valued at over $31 million, amounting to 4.54 million tokens in circulation . This token represents approximately 2.16% of the total circulating supply. The project plans to unlock 1.33 million tokens for its foundation and allocate an additional 3.21 million tokens for the community’s benefit .

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     On July 17th, there is another token unlock event scheduled. ApeCoin (APE) will release a total of 15.60 million tokens into circulation . These APE tokens hold a value of $29.95 million and represent approximately 4.23% of the circulating supply . The distribution of these unlocked tokens includes allocations for Yuga Labs , Treasury, contributors involved in the project’s launch, as well as charitable initiatives and the founder of Yuga Lab itself.

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Axie Infinity staking rewards worth $20 million

     Axie Infinity has scheduled the unlocking of AXS tokens on July 22nd, during which the project will distribute 3.43 million tokens as staking rewards . As of now , these tokens hold an approximate value of $20 million . This release represents about 2.96% of the circulating supply and is expected to have an impact on token prices due to the significant quantity being introduced into the market . Furthermore, it is worth noting that the availability of these newly unlocked tokens for sale can also play a crucial role in potentially reducing their price.

MqTUu8R718SHo VUebPS43f5kd8JT1TMqUrhd1h 2pXlaqn99bOtkur6DfEkU zBvpV5WYbgudUPMTBwQZBK1HICnl1g5lB GhYH9J0

     An important event is set to occur for Optimism (OP) on July 30th. During this time, the project will initiate the unlocking of 24.16 million tokens designated for its core participants and investors . These tokens represent approximately 3.75% of the circulating supply and hold an estimated value of around $29 million based on current prices.It remains to be seen how this token unlock event will impact the price of Optimism in the upcoming days, as market dynamics can play a significant role in determining its trajectory . 

43oHdF8xIVeNJfzIfmdfNW4A9smwor9n2a9gk2NPLhI3uD dJuIh6vN5qVV5dUucMP4NANEs2 NSNaRHkkbEY5jJdP4F7WuMZltKW mAmgxoAdYysQODvsL23RibRwxJCEP1Id 2Tkbj079RL04jlQ
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Sean Odhran

Sean Odhran

Financial Writer Hello there, my name is Sean, and I'm a financial reporter with a particular interest in the world of cryptocurrency. I'm passionate about delivering accurate and insightful reporting that helps my readers navigate the complex world of finance and make informed decisions about their investments.

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