crypto analysis
07/15 02:41
Arbitrum (ARB), SEI, and Starknet (STRK) will unlock 92.6 million, 55.56 million, and 127 million tokens, respectively. While ARB, SEI, and STRK unlocks are notable, they are less severe.
These digital assets will likely see only short-term pressure if liquidity holds. This is because the large volume hits the market when sentiments for these tokens have improved.
In the past 24 hours, ARB has rallied 1.2% to $0.4, SEI rose 0.3%, and STRK spiked 0.8%.
Other than that, Coincoin (CONX) and Fasttoken (FTN) are few of the unlocks set to happen this week. The Concoin project will release 2.23 million CONX tokens, valued at approximately $145.8 Million.
Fastoken follows behind with $89.8 Million worth of FTN tokens, representing 2.17% of the circulating supply.
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