The cryptocurrency market is poised for significant activity with over $1.01 billion in token unlocks scheduled from October 20 to 26. Leading the charge is LayerZero, which will release $44.73 million worth of tokens. Other major unlocks include Plasma's XPL at $36.88 million, alongside Multibank Group and SOON tokens. Additionally, linear unlocks from tokens such as WLD, TRUMP, and AVAX are expected to enhance market liquidity.
These unlocks are anticipated to introduce short-term volatility and exert inflationary pressure on the market. As these tokens become available, traders and investors will be closely monitoring the impact on prices and market dynamics.
Crypto Market Braces for $1 Billion in Token Unlocks, LayerZero Leads
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