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The crypto market is finally showing signs of recovery after its recent massive liquidation. However, the soon-to-be-coming crypto unlock event could introduce even further volatility for a few cryptos, so investors should consider selling those before the volatility takes over.
Cryptocurrency markets have finally shown signs of recovery following the recent massive liquidations. However, upcoming crypto unlock events could introduce further volatility for a handful of cryptos, prompting investors to consider selling those before the volatility takes over.
3 Crypto Tokens To Sell This Week
According to a Tokenomist report, $150 billion worth of token unlocks will occur in 2025. Of this amount, $378.22 million worth of crypto tokens will be unlocked in the next seven days. Such unlocks introduce additional tokens to the circulating supply, potentially impacting the value.
More importantly, this could introduce additional volatility in the short term, affecting the crypto prices. This week, investors should analyze and consider cryptos like CHEEL, APT, and ZKJ for sale.
1. Cheelee (CHEEL)
CHEEL will witness the largest cliff unlock of the week at $164.21 million. It is already seeing high volatility, resulting in continuous consolidations. The addition of new tokens to its supply may increase the selling pressure, triggering its crash. Short-term investors could consider this crypto to sell, but long term investors must research further to analyze its long-term trajectory.
2. Aptos (APT)
The popular altcoin Aptos will witness $68.42 million worth of APT unlocks in the next few days. These tokens will represent 2% of its circulating supply. This significant event can turn its short-term trajectory to complete bearish under seller activity. Investors can lock their profits now by selling and rebuying when the price crashes.
3. Polyhedra Network (ZKJ)
ZKJ will witness the most alarming unlocks compared to the other two, with 29.8% of its supply entering the market. A small supply often crashes the token, and 29.8% can drastically dilute its value. Moreover, holders might panic sell this token, resulting in massive drops.
What Crypto Token Holders Should Do Next?
Crypto unlocks are common in the crypto industry, where early buyers release their locked coins into the market. However, such events often bring volatility and short-term instability, resulting in sellers’ dominance. As a result, the token price drops, and the holders bear losses. This week, $378.22 million worth of tokens will be unlocked for CHEEL, APT, and ZKJ. With careful analysis and research, investors can consider these crypto tokens to sell before volatility takes over. Meanwhile, users can consider ETH, SOL, LINK and few other cryptos to buy for big gains.
Frequently Asked Questions (FAQs)
1. Why should investors consider selling CHEEL, APT, and ZKJ now?
Investors should consider selling CHEEL, APT, and ZKJ now due to upcoming crypto unlock events. These events will introduce a large amount of additional tokens into the circulating supply, which could impact the value and lead to increased selling pressure, potentially triggering a price crash. Short-term investors may want to sell these tokens before the volatility hits, while long-term investors should conduct further research to assess the long-term trajectory of these cryptos.
2. What are crypto unlocks?
Crypto unlocks refer to the release of a batch of early buyer or investor coins into the market. These coins were initially locked by the project to encourage early participation and support. However, after a specific period or upon reaching certain milestones, these coins become available for trading, increasing the total circulating supply.
3. What crypto tokens should you buy during this period?
During this period, you could consider buying crypto tokens that have shown strong fundamentals and a potential for appreciation despite the overall market conditions. Some options to consider include ETH, SOL, LINK, and others that have been accumulating strength and could potentially deliver significant gains in the upcoming bull cycle.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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