There is a $34 Million Locked Token Opening for 2 Altcoins This Week!

This week, 14 altcoins will be unlocked worth millions of dollars in total.
Between October 2nd and October 9th, 14 altcoin projects will be unlocked worth approximately $45 million.
In general, the release of more than 1% of the circulating supply of tokens during lock openings has a significant negative impact on the price.
The cryptocurrencies that will be unlocked are as follows:
Sui (SUI): 34.62 million assets worth $17.1 million will be unlocked as of October 3, 03:00 UTC. 4% of the circulating supply will be released. Lock openings on SUI will total $20.4 million worth of tokens throughout the week.
Joe (JOE): 60 thousand assets worth 13 thousand dollars will be unlocked as of October 3, 03:00 UTC. 0.12% of the circulating supply will be released. Lock openings on JOE will total $108,000 worth of tokens throughout the week.
dYdx (DYDX): 2.16 million assets worth $4.4 million will be unlocked as of October 3, 06:00 UTC. 0.22% of the total supply and 1.2% of the circulating supply will be released.
Pendle (PENDL): 56 thousand assets worth 42 thousand dollars will be unlocked as of October 4, 03.00 CET. 0.02% of the circulating supply will be released. Pendle unlocks will total $262,000 worth of tokens throughout the week.
Tornado Cash (TORN): 22 thousand assets worth 74 thousand dollars will be unlocked as of October 3, 06.06 ET. 1.5% of the circulating supply will be released. Lock openings on TORN will total $567,000 worth of tokens throughout the week.
Liquity (LQTY): 657 thousand assets worth 697 thousand dollars will be unlocked as of October 5, 03.00 CET. 0.7% of the circulating supply will be released. Lock openings on LQTY will total $778K worth of tokens throughout the week.
1inch (1INCH): 287 thousand assets worth 79 thousand dollars will be unlocked as of October 5, 03.00 CET. 0.02% of the total supply and 0.03% of the circulating supply will be released.
Galxe (GAL): 416 thousand assets worth 545 thousand dollars will be unlocked as of October 5, 13.00 CET. 0.18% of the total supply and 0.9% of the circulating supply will be released.
Nym (NYM): 12 million assets worth $1.4 million will be unlocked as of October 6, 03:00 CET. 1.1% of the total supply and 2.26% of the circulating supply will be released.
Hashflow (HFT): 3.23 million assets worth $1.12 million will be unlocked as of 03:00 UTC on October 7. 1.84% of the circulating supply will be released. Lock openings on HFT will total $1.14 million worth of tokens throughout the week.
ImmutableX (IMX): 18.08 million assets worth $10.93 million will be unlocked as of 13:00 ET on October 7. 1.5% of the circulating supply will be released. Lock openings on IMX will total $13.7 million worth of tokens throughout the week.
Moonbeam (GLMR): 3 million assets worth $701 thousand will be unlocked as of October 8, 03:00 UTC. 0.4% of the circulating supply will be released. Lock openings on GLMR will total $1.03 million worth of tokens throughout the week.
X2Y2 (X2Y2): 12.5 million assets worth $151 thousand will be unlocked as of October 9, 02:48 UTC. 4% of the circulating supply will be released. X2Y2 unlocks will total $210,000 worth of tokens throughout the week.
GMX (GMX): 416 thousand assets worth 16 thousand dollars will be unlocked as of 03:00 on October 9. 0.01% of the circulating supply will be released. Lock openings on GMX will total $118,000 worth of tokens throughout the week.
Even though the general belief is that there is selling pressure during lock openings, this is not always the case. Increases can be seen especially in projects where lock opening rates are low.
#ContentStar# #HotTopicDiscussion# #ContentMining# #NewYearCelebration# #GateioBountyCreator# #BountyCreator# #GateLive# #GateioLive# #ContentCreator# #NewsMessenger# #MyFancyCreator# #CryptoObserves#