{"id":135305,"date":"2024-08-11T12:00:41","date_gmt":"2024-08-11T09:00:41","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135305"},"modified":"2024-08-10T22:34:06","modified_gmt":"2024-08-10T19:34:06","slug":"major-cryptocurrency-token-unlocks-expected-this-week","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/major-cryptocurrency-token-unlocks-expected-this-week\/","title":{"rendered":"Major Cryptocurrency Token Unlocks Expected This Week"},"content":{"rendered":"<p>After a turbulent week with significant price drops, this substantial release could exacerbate selling pressure.<\/p>\n<p>According to <strong><a href=\"https:\/\/token.unlocks.app\/\">TokenUnlocks<\/a><\/strong>, 14 cryptocurrencies will see major unlocks this week, totaling $229.77 million. The impact will be particularly pronounced for three major coins, which together account for $174.96 million of this sum.<\/p>\n<p>The Sandbox (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/the-sandbox\/\">SAND<\/a><\/strong>) will unlock 205.59 million tokens valued at $54.96 million on August 14. This significant release represents 9% of its market value, likely leading to increased market dilution.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bankrupt-crypto-lender-sues-tether-for-over-2-billion\/\" title=\"Bankrupt Crypto Lender Sues Tether for Over $2 billion\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/tether-usdt-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bankrupt Crypto Lender Sues Tether for Over $2 billion<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Aptos (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/aptos\/\">APT<\/a><\/strong>) will release 11.31 million tokens worth $66.95 million on August 12, increasing its supply by 2.4%. This unlock is part of Aptos\u2019s regular monthly schedule, contributing to high inflation rates.<\/p>\n<p>Arbitrum (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/arbitrum\/\">ARB<\/a><\/strong>) will unlock tokens worth $53.05 million on August 16, resulting in a 2.8% monthly inflation. The value of these tokens has decreased over recent months, reflecting a trend of reduced worth.<\/p>\n<p>These upcoming unlocks are expected to heighten volatility and could lead to further declines in the prices of APT, SAND, and ARB.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market is set to release nearly $230 million in vested tokens this week, raising concerns of further market instability.<\/p>\n","protected":false},"author":3,"featured_media":133916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-135305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Major Cryptocurrency 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