3 cryptocurrencies to avoid amid $130 million in token unlocks
Three cryptocurrencies will unlock over $130 million in tokens this week, which cryptocurrency traders should avoid having substantial exposure to. These unlocks have the potential to flood the market, leading to increased selling pressure and significant price fluctuations. On June 26, Finbold retrieved data from the TokenUnlocks.app , which shows $198.42 million in the seven-day cliff unlocks. Notably, this week’s three leading protocols will release $137.02 million in tokens, accounting for 69% of the total. Fifteen projects make up the “next seven days cliff unlocks.” Cliff Unlocks Next 7D. Source: TokenUnlocks.app Moreover, Ripple will unlock 1 billion XRP on July 1, worth $470 million, as it does monthly. Finbold already covered Ripple‘s unlock in a unique report published today. Picks for you Beware: Ripple to unlock 1 bil...