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Crypto Market Braces for $746M in Token Unlocks as SOL, AVAX, and DOGE Lead the Pack

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Giuseppe Ciccomascolo
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Key Takeaways

  • The crypto market is preparing for a $746 million in token unlocks.
  • High-value unlocks for tokens like SOL, APT, and ARB could introduce selling pressure, especially if market sentiment is bearish.
  • Unlocks can create short-term market uncertainty as the circulating supply increases.

The crypto market is gearing up for a major token unlock event , with over $746 million worth of tokens set to be released by Nov. 18.

This influx of new tokens could lead to increased volatility and potential price drops, especially if market sentiment turns bearish.

Major Token Unlocks on the Horizon

Starting Nov. 11, Solana (SOL) will unlock 524,030 tokens, valued at approximately $110.3 million and accounting for just 0.1% of its total supply—likely posing minimal impact on SOL’s market price.

Worldcoin (WLD) will release 37.2 million tokens worth $84.1 million, representing 5.9% of its supply. This relatively large unlock could heighten price volatility, especially if demand doesn’t match the increase in circulating tokens.

Aptos (APT) is set to unlock 11.3 million tokens, valued at $128.4 million and making up 2.2% of its supply. Given its high dollar value, this could apply modest selling pressure, though the limited portion of supply released may temper the immediate impact.

Other significant events include:

  • Avalanche (AVAX): 1.7 million tokens worth $53.9 million.
  • Arbitrum (ARB): 96 million tokens, valued at $62.2 million (2.4% of supply).
  • Strike (STRK): 64 million tokens worth $30.1 million (3.1% of supply).
  • TIA: 7 million tokens worth $40.3 million (1.7% of supply).

Dogecoin (DOGE) will see an unlock of 94.5 million tokens, valued at $27.7 million but representing only 0.1% of its supply, making it unlikely to cause significant price movement.

Lastly, Sei (SEI) plans to release 35.2 million tokens, valued at $17.2 million, amounting to 0.9% of its supply.

Potential Market Impact

The upcoming unlock event for ZKJ, CYBER, and WLD are expected to be among the most volatile, as significant releases of circulating supply often add selling pressure, especially if early holders look to secure profits.

High-profile tokens with substantial dollar values, such as SOL, APT, and ARB, may also impact the market, though the extent will depend on how demand aligns with the sudden liquidity increase.

These large unlocks could attract speculative interest and boost trading activity, drawing in both retail and institutional investors.

This is because large-scale token unlocks frequently introduce price volatility, primarily from the sudden increase in supply and the potential for holders to offload unlocked assets.

This added liquidity often pressures prices downward, particularly if investors anticipate “sell-the-news” behavior.

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Giuseppe Ciccomascolo

Giuseppe Ciccomascolo began his career as an investigative journalist in Italy, where he contributed to both local and national newspapers, focusing on various financial sectors. Upon relocating to London, he worked as an analyst for Fitch's CapitalStructure and later as a Senior Reporter for Alliance News. In 2017, Giuseppe transitioned to covering cryptocurrency-related news, producing documentaries and articles on Bitcoin and other emerging digital currencies. He also played a pivotal role in establishing the academy for a cryptocurrency exchange website. Crypto remained his primary area of interest throughout his tenure as a writer for ThirdFloor.
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