In the coming week, several altcoins are set to experience significant token unlocks, potentially impacting market liquidity. Notable among these are XCN, WCT, CONX, and STRK, with CONX facing a particularly high-risk scenario due to a $24 million unlock against its $30 million market cap. This influx of new supply could test the resilience of these assets in the market.
Additionally, smaller tokens such as TRIBL and SVL are expected to contribute to the supply pressure. Traders are likely to monitor the fear and greed index, alongside the size of these unlocks and the liquidity depth, to inform their short-term trading strategies.
Upcoming Token Unlocks to Challenge Market Liquidity
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