The cryptocurrency market will see a large number of token unlocks across numerous altcoins this week. Here’s the list.
The cryptocurrency market experienced a recovery last week as the initial negative sentiment faded and the likelihood of a Fed interest rate cut in December increased.
Bitcoin, the world’s largest cryptocurrency, has gained nearly 6% in the last week and is trading at $91,575 at the time of writing.
On the altcoin front, the picture is more complex. Ethereum outperformed BTC with an 8% increase, while the other 10 largest altcoins all saw gains lag behind BTC.
However, there are also significant token unlocks for numerous altcoins this week. Here’s the token unlock calendar we’ve prepared for you at Bitcoinsistemi.com.
Amount of Tokens Unlocked: $68.47 million (1.20% of market capitalization)
Token Amount Unlocked: $4.90 million (0.61% of market capitalization)
Token Amount Unlocked: $2.78 million (3.31% of market capitalization)
Amount of Tokens Unlocked: $21.94 million (7.59% of market capitalization)
Token Amount Unlocked: $4.33 million (4.28% of market capitalization)
Amount of Tokens Unlocked: $2.14 million (3.12% of market value)
Amount of Tokens Unlocked: $25.67 million (1.27% of market capitalization)
