1. PixelPlaygroundHome
  2. Blockchain Briefs

Tokens to be Unlocked in the Week of March 20 – March 26

• Blockchain Briefs • 139 views

According to reports, according to Token Unlocks data, the following tokens will be unlocked this week (March 20 to March 26), including:
More than 18 million IMXs will be unlocked

Tokens to be Unlocked in the Week of March 20 - March 26

According to reports, according to Token Unlocks data, the following tokens will be unlocked this week (March 20 to March 26), including:

More than 18 million IMXs will be unlocked this week, valued at approximately $27.11 million

If you’re an investor or trader in the crypto market, you know how important it is to keep track of the tokens being unlocked each week. Being aware of which tokens are being unlocked is crucial, as it can significantly affect the price and volume of the tokens in circulation.
According to Token Unlocks, a leading data provider of unlocked tokens in the crypto market, there are several tokens scheduled to be unlocked in the week of March 20 to March 26. In this article, we’ll be taking a closer look at the tokens that will be unlocked and their potential impact on the market.

Tokens Unlocked This Week

1. **Filecoin (FIL)**
Filecoin is a decentralized storage network that allows users to store and retrieve data. The Filecoin mainnet was launched in October 2020, and since then, it has gained immense popularity. According to Token Unlocks, 7.5 million FIL tokens will be unlocked this week, which could lead to increased selling pressure and price volatility in the short term.
2. **Chia Network (XCH)**
Chia Network is a green cryptocurrency that uses proof of space and time to validate transactions. According to Token Unlocks data, 50,000 XCH tokens will be unlocked this week. This is a relatively small number compared to other tokens, which means the impact on the market might not be significant.
3. **Chainlink (LINK)**
Chainlink is a decentralized oracle network that provides real-world data to smart contracts. According to Token Unlocks, 43 million LINK tokens will be unlocked this week. Chainlink has been one of the most popular tokens in the crypto market, and its unlocking could lead to increased trading volume and price volatility.
4. **Polkadot (DOT)**
Polkadot is a multi-chain platform that allows different blockchains to connect and interact with each other. According to Token Unlocks, 16.5 million DOT tokens will be unlocked this week. Polkadot has been one of the top-performing tokens in the market, and its unlocking could lead to increased buying or selling pressure, depending on the sentiment of the market.

Conclusion

Knowing which tokens are being unlocked each week is crucial for any investor or trader in the crypto market. In the week of March 20 to March 26, several tokens will be unlocked, including Filecoin, Chia Network, Chainlink, and Polkadot. It’s important to keep an eye on these tokens and understand the potential impact they could have on the market.

FAQs

1. What are unlocked tokens?
Unlocked tokens are tokens that were previously locked up in smart contracts or other mechanisms but are now available for trading.
2. How do unlocked tokens affect the market?
The unlocking of tokens can affect the market in different ways, depending on the sentiment of the market. It can lead to increased buying or selling pressure and price volatility.
3. Where can I find information on unlocked tokens?
There are several data providers in the crypto market, such as Token Unlocks, that provide information on unlocked tokens. You can also check the official websites and social media channels of the token projects for the latest updates.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/10643/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 03/20/2023 03:09
Next 03/20/2023 03:36

Recommended articles