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altcoinsCoinGape
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65% Informative
Altcoins are readying to take the heat of increased market supply in the upcoming week .
This is attributable to massive token unlocks, a phenomenon wherein previously locked tokens are released periodically into the market.
Altcoins include AltLayer (ALT), ID, Ethena (ENA), Galxe (GAL), Yield Guild games ( YGG ) and Acala ( ACA ) These tokens are set to witness an unlock of a staggering 684.21 million ALT , worth $111.01 million , on July 25 . This is equivalent to 42.08% of the circulating supply.
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