Attention: Unlocking 184 million dollars worth of locked tokens in 8 altcoins this week _! - Coin Bulletin

This week, a total of millions of dollars worth of unlockings will take place in 8 altcoins.

According to Token Unlocks data, between 14 October-20 October, total lock releases of over $184 million will occur in 8 altcoin projects, including Axie Infinity (AXS), EigenLayer (EIGEN), and Arbitrum (ARB).

In general, the release of more than %1 of the circulating supply during token unlocks has a significant negative impact on the price. Accordingly, the upcoming week is important for the unlock events of Axie Infinity (AXS), Pixels (PIXEL), ApeCoin (APE), and SuperRare (RARE) in particular.

Pay attention to STRK and EIGEN!

Especially noteworthy is the unlocking of 9.2 million STRK tokens, valued at $27 million, which accounts for 6.8% of the circulating supply. Also, the unlocking of EIGEN tokens, valued at $40 million, with a supply ratio of 6%, should be taken into consideration.

The unlock will occur as follows for cryptocurrencies:

• Axie Infinity (AXS): The lock of 9 million assets worth 43 million dollars will be released on October 14th, 11:00 am Turkish time. 6.69% of the circulating supply will be free.
• EigenLayer (EIGEN): The lock of 11 million assets worth 40 million dollars will be released as of 12.00 on October 15th. 6.54% of the circulating supply will be freed.
• Starknet (STRK): The lockup of 64 million assets worth 27 million dollars will be unlocked over the next week. The lock opening process will begin at 3:00 PM on October 15th. 3.95% of the circulating supply will be released.
• Arbitrum (ARB): The lock-up of 91 million assets worth 51 million dollars will be released as of 12.00 PM on October 16th. 2.19% of the circulating supply will be released.
• The Grapth (GRT): The lock of 3 million assets worth 20 million dollars will be released as of 3.00 PM on 16 October. 0.57% of the circulating supply will be unlocked.
• SuperRare (RARE): The lock of 13 million assets worth 1 million dollars will be opened at 12:00 CET on October 17th. 15.38% of the circulating supply will be released.
• ApeCoin (APE): The lock of 11 million assets worth 98 million dollars will be opened as of 17:00 Turkish time on October 17th. 2.84% of the circulating supply will be released.
• Pixels (PIXEL): The lock of 15 million assets worth 11 million dollars will be opened as of October 18, 04:00 GMT. 2.25% of the circulating supply will be released.