Currencies34168
Market Cap$ 3.98T-1.10%
24h Spot Volume$ 101.82B+10.2%
DominanceBTC57.68%-1.28%ETH10.98%+2.69%
ETH Gas0.30 Gwei
Cryptorank

April Crypto Cliff: $658M in Token Unlocks for SOL, SAGA, APT & TRUMP


by Izabela Anna
for CoinEdition
April Crypto Cliff: $658M in Token Unlocks for SOL, SAGA, APT & TRUMP
$658M Token Unlock in April: Solana, Saga, TRUMP in Focus
  • Solana’s $80.5M Unlock Could Amplify Price Volatility Amid Market Uncertainty
  • Saga’s 119% Market Cap Unlock Set to Trigger Significant Investor Sentiment Shifts
  • Official Trump Token Faces $431M Unlock, Risking Potential Liquidity Shock in April

April will see close to $658.1 million worth of token unlocks impacting major projects.  To be released between April 7 and April 18, these unlocks can lead to increased volatility and create unique trading opportunities. 

Five major projects in particular – Solana (SOL), Saga (SAGA), Aptos (APT), deBridge (DBR), and Official Trump (TRUMP) – are at the forefront of this event.

Which Cryptocurrencies Are Facing Major Token Unlocks in April?

The Solana ($SOL) token unlock is slated to occur between April 7 and April 11. During this period, 636,985 SOL, valued at $80.49 million, will enter circulation. This represents a small fraction, about 0.12%, of Solana’s total market capitalization, which currently stands at $64 billion.

Adding a layer of market uncertainty, this unlock is tied to the ongoing Alameda & FTX bankruptcy proceedings. Solana’s price has already seen a 4.67% decline over the past week, …

The post April Crypto Cliff: $658M in Token Unlocks for SOL, SAGA, APT & TRUMP appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Joe McCann’s Accelerate Announces $1.51 Billion Solana Treasury Fund

Joe McCann’s Accelerate Announces $1.51 Billion Solana Treasury Fund

Accelerate, a new Solana treasury initiative whose CEO is Joe McCann (also CEO and fo...
The SEC Accidentally Gives Out “Buy the Dip” Watchlist for Altcoins

The SEC Accidentally Gives Out “Buy the Dip” Watchlist for Altcoins

The crypto market has slipped into red, and many investors are now looking at altcoin...

April Crypto Cliff: $658M in Token Unlocks for SOL, SAGA, APT & TRUMP


by Izabela Anna
for CoinEdition
April Crypto Cliff: $658M in Token Unlocks for SOL, SAGA, APT & TRUMP
$658M Token Unlock in April: Solana, Saga, TRUMP in Focus
  • Solana’s $80.5M Unlock Could Amplify Price Volatility Amid Market Uncertainty
  • Saga’s 119% Market Cap Unlock Set to Trigger Significant Investor Sentiment Shifts
  • Official Trump Token Faces $431M Unlock, Risking Potential Liquidity Shock in April

April will see close to $658.1 million worth of token unlocks impacting major projects.  To be released between April 7 and April 18, these unlocks can lead to increased volatility and create unique trading opportunities. 

Five major projects in particular – Solana (SOL), Saga (SAGA), Aptos (APT), deBridge (DBR), and Official Trump (TRUMP) – are at the forefront of this event.

Which Cryptocurrencies Are Facing Major Token Unlocks in April?

The Solana ($SOL) token unlock is slated to occur between April 7 and April 11. During this period, 636,985 SOL, valued at $80.49 million, will enter circulation. This represents a small fraction, about 0.12%, of Solana’s total market capitalization, which currently stands at $64 billion.

Adding a layer of market uncertainty, this unlock is tied to the ongoing Alameda & FTX bankruptcy proceedings. Solana’s price has already seen a 4.67% decline over the past week, …

The post April Crypto Cliff: $658M in Token Unlocks for SOL, SAGA, APT & TRUMP appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Joe McCann’s Accelerate Announces $1.51 Billion Solana Treasury Fund

Joe McCann’s Accelerate Announces $1.51 Billion Solana Treasury Fund

Accelerate, a new Solana treasury initiative whose CEO is Joe McCann (also CEO and fo...
The SEC Accidentally Gives Out “Buy the Dip” Watchlist for Altcoins

The SEC Accidentally Gives Out “Buy the Dip” Watchlist for Altcoins

The crypto market has slipped into red, and many investors are now looking at altcoin...