The cryptocurrency market is in for a major week as over $1.7 billion worth of token unlocks are set to take center stage between January 12 and 19. Token unlocks—events when previously locked tokens are released into circulation—often bring significant volatility to the market and attract the attention of both investors and analysts.
Major Cliff Unlocks: ONDO Takes the Lead
Cliff unlocks, where a large number of tokens are released at once, are responsible for a staggering $1.17 billion of this week’s unlocks. Leading this category is ONDO, set to release 1.94 billion tokens valued at $772.42 million. This release represents a notable 57.23% of ONDO’s adjusted circulating supply and is expected to impact the asset’s performance significantly.
Following ONDO is TRUMP, with 55.10 million tokens worth $299.17 million to be released, accounting for 13.30% of its circulating supply. Other notable releases in the cliff unlock category include:
- CONX: 1.32 million tokens worth $20.59 million (1.59% of supply).
- ARB: 96 million tokens valued at $19.56 million (1.68%).
- DBR: 618.33 million tokens worth $11.52 million (14.81%).
Linear Unlocks: RAIN and SOL Stand Out
In addition to cliff unlocks, linear unlocks—steady, scheduled releases—will add another $530 million worth of tokens to the market. Highlighting this category is RAIN, with a massive 9.41 billion tokens worth $84.13 million to be unlocked this week. This represents 2.77% of RAIN’s current supply.
SOL follows, planning to release 482.40K tokens valued at $67.14 million, reflecting just 0.09% of its supply. Additional significant linear unlock events include:
- DOGE: 97.56 million tokens worth $13.42 million (0.06%).
- AVAX: 700K tokens valued at $9.57 million (0.16%).
- TAO: 25.20 million tokens valued at $7.22 million (0.26%).
Understanding the Impact of Token Unlocks
Token unlocks typically result in increased circulating supply, which can influence token prices depending on market demand. While large unlock events can lead to downward price pressure due to the sudden increase in tokens, they also bring liquidity and may present opportunities for long-term investors interested in buying during price dips.
For individuals looking to closely monitor the cryptocurrency space, understanding tokenomics—including token supply schedules—can provide invaluable insights for making informed investment decisions.
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Keep an eye on these token unlocks to gauge their potential ripple effects throughout the cryptocurrency market.
