- During the week From April 13 to 20, crypto projects will add $221 million worth of their tokens to the market.
- The token supply for a number of projects is so insignificant relative to the overall supply that it will not cause price fluctuations.
Cryptocurrency markets are heading into another week of unlocks. according to TokenomistFrom April 13 to 20, over $221 million worth of tokens are planned to be released into circulation, through both phased releases and linear daily unlocks.
Meanwhile, the crypto market is gradually recovering: Bitcoin traded $72,200 each, Ethereum — about $2120, and XRP — $1,34. Total cryptocurrency market capitalization is $2,53 trillion, and index of fear and greed equals 42, which indicates neutral sentiment with a slight bearish bias.
This week, four projects will be making one-time token releases, with CONX leading the way with 1,32 million tokens worth $15,95 million, representing 1,52% of the adjusted token supply.
ARB follows with 96 million tokens worth $10,65 million, representing 1,81% of the volume. DBR has the highest issuance percentage of all tokens, unlocking 618 million tokens worth $9,08 million, a significant 12,9% of the adjusted volume. YZY brings up the rear with 20,83 million tokens worth $6,36 million, or 4,67% of the volume.
WuBlockchain Data
DBR and YZY have the biggest impact on the market in relative terms and their price reaction is worth watching.
In terms of linear unlocking, Rain Protocol again dominates, issuing 9,5 billion tokens daily, worth $75,67 million (1,99% of the total supply in circulation). Solana continues its steady linear issuance, issuing 467,970 SOL worth $38,22 million, which is only 0,08% of the total supply.
CC issues 191,71 million tokens daily, worth $28,06 million. TRUMP continues its weekly emissions, issuing 6,33 million tokens worth $17,72 million, representing 2,72% of the total supply in circulation. TRUMP undoubtedly contributes to the price stabilization of the coin. 544 million tokens locked Justin Sun, who is currently waging an unsuccessful battle on social media for control of his tokens.
WLD will add 37,23 million tokens worth $10,78 million into the free circulation, while DOGE will issue 95,06 million tokens worth $8,66 million, which is only 0,06% of the total supply, so it is unlikely to impact the market. Dogecoin.
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