- $196M AVAX tokens set to unlock on August 20
- $PIXEL and $ID unlocks might stir the market
- $PENDLE and $1INCH unlocks likely to be minor blips
- Keep an eye on these dates for potential market moves
This week, the crypto world is buzzing with anticipation as several major token unlocks are on the horizon. From August 19 to August 25, we’ll see a mix of big and small unlocks that could shake up the market. Here’s what you need to know.
Avalanche ($AVAX) Set to Unlock $196M
The biggest highlight of the week is Avalanche’s upcoming token unlock. On August 20, a whopping $196.47 million worth of AVAX tokens will be released. This isn’t just any small event—2.41% of AVAX’s total supply will hit the market. Given its size, this unlock could lead to significant price swings and possibly create a buying or selling frenzy. If you’re an AVAX holder, mark your calendar.
Watch Out for $PIXEL and $ID Unlocks
$PIXEL is another token to keep on your radar. On August 19, $7.90 million worth of PIXEL tokens will be unlocked, making up 7.05% of its total supply. This large percentage could lead to some volatility in the market, so it’s worth watching how the price reacts.
Also notable is the SPACE ID ($ID) unlock on August 22, where $6.61 million of tokens will be released, representing 4.29% of its supply. These percentages suggest there could be significant price movements as these tokens become available.
Smaller Unlocks to Keep an Eye On
On the smaller side of things, $PENDLE and $1INCH will see token unlocks of $95.06k and $66.32k respectively. These represent only 0.02% of their total supply, so while they won’t likely cause a stir, it’s always good to stay informed.
Additionally, $GAL, $ACA, and $ENA will also have token unlocks later in the week, but these are relatively minor compared to the big names like AVAX and PIXEL.
Whether you’re a seasoned trader or just keeping tabs on the market, these upcoming unlocks could create opportunities—or risks—depending on how the market responds.
source : sosovalue
