加密市場正準備迎接代幣解鎖潮，帶來機會和拋售擔憂

隨著 4 月的臨近，加密貨幣市場預計將出現大量代幣解鎖浪潮，價值超過 3,300 億美元的代幣將進入流通。雖然這些解鎖可能引發拋售壓力，但它們也為投資者提供了潛在的機會。一位著名的加密貨幣分析師確定了五個即將解鎖代幣的傑出項目，並深入了解它們對市場動態和投資策略的潛在影響。

Crypto Market braces for Token Unlocks in April: A Wave of Opportunities and Potential Sell Pressure

加密市場為四月份的代幣解鎖做好準備：一波機會和潛在拋售壓力

As April approaches, the cryptocurrency market stands on the precipice of a significant wave of token unlocks, with over $330 billion worth of tokens slated to enter circulation across a vast array of projects. While token unlocks are often viewed as potential sources of sell pressure, they also present lucrative opportunities for discerning investors.

隨著 4 月的臨近，加密貨幣市場正處於一波代幣解鎖浪潮的邊緣，價值超過 3,300 億美元的代幣預計將在眾多項目中進入流通。雖然代幣解鎖通常被視為拋售壓力的潛在來源，但它們也為眼光敏銳的投資者提供了利潤豐厚的機會。

The largest unlock, poised to release nearly $1 billion worth of tokens on April 15, is from BitDAO (BIT). Hot on its heels, APECoin (APE) and Aptos (APT) will release over $66 million and $52 million worth of tokens, respectively.

最大的解鎖交易來自 BitDAO (BIT)，預計將於 4 月 15 日釋放價值近 10 億美元的代幣。緊隨其後，APECoin (APE) 和 Aptos (APT) 將分別發行價值超過 6,600 萬美元和 5,200 萬美元的代幣。

Amidst this flurry of token unlockings, crypto analyst AlΞx Wacy has identified five standout projects that warrant attention:

在這股代幣解鎖熱潮中，加密貨幣分析師 AlΞx Wacy 發現了五個值得關注的傑出項目：

• $DYDX – $117M April 1: DYDX, the native governance token of dYdX, a decentralized derivatives exchange, is expected to experience significant price movement due to its approaching unlock.
• $SUI – $129M April 3: Sui, a layer-1 blockchain designed for scalability and security, will see its token unlock coincide with the launch of its mainnet, potentially creating a positive sentiment that could mitigate sell pressure.
• $EEFI – $12M April 4: EEFI, the governance token of the decentralized lending platform Equilibrium, is projected to benefit from its token unlock due to the platform's growing user base and expanding ecosystem.
• $DYM – $23M April 6: Dymension's token unlock is anticipated to have a limited impact on price due to its linear distribution and the utility of the token in the ecosystem's staking rewardsプログラム.
• $GMT – $40M April 9: GMT, the utility token of the move-to-earn game STEPN, could witness increased demand as the project continues to gain traction and expand its user base.

Beyond these five projects, Wacy highlights several others that are set to unlock substantial amounts of tokens in April, including CGPT, NGL, SEI, ZBC, and ALT.

$DYDX – 1.17 億美元4 月1 日：DYDX 是去中心化衍生品交易所dYdX 的原生治理代幣，由於其即將解鎖，預計將經歷重大價格變動。$SUI – 1.29 億美元4 月3 日： Sui，第1 層區塊鏈專為可擴展性和安全性而設計，其代幣解鎖將與主網的啟動同時進行，這可能會產生積極的情緒，從而減輕拋售壓力。$EEFI – 1200 萬美元4 月4 日：EEFI，去中心化借貸平台Equilibrium 的治理代幣，由於該平台不斷增長的用戶群和不斷擴大的生態系統，預計將從其代幣解鎖中受益。$DYM – 2300 萬美元4 月6 日：由於其線性分佈和代幣的實用性，預計Dymension 的代幣解鎖對價格的影響有限生態系統的質押獎勵プログラム。$GMT – 4000 萬美元4 月9 日：GMT，即移動賺錢遊戲STEPN 的實用代幣，隨著該項目繼續獲得關注並擴大其用戶群，需求可能會增加。除了這五個Wacy 重點介紹了其他幾個項目，這些項目將於4 月解鎖大量代幣，包括CGPT、NGL、SEI、ZBC 和ALT。

Entangle (NGL) – Unlock: $35M on April 12:

Entangle (NGL) – 4 月 12 日解鎖：3,500 萬美元：

NGL, the gas token for the BORPA launch, is poised to garner significant attention due to its impending unlock. With several catalysts on the horizon, including its mainnet launch and staking features, NGL has the potential to rally, despite the sell pressure associated with the token unlock.

NGL 是 BORPA 推出的天然氣代幣，由於即將解鎖，預計將引起廣泛關注。儘管存在與代幣解鎖相關的拋售壓力，但隨著包括主網啟動和質押功能在內的多種催化劑的出現，NGL 仍有上漲的潛力。

Aptos (APT) – Unlock: $428M on April 12:

Aptos (APT) – 4 月 12 日解鎖：4.28 億美元：

Despite its massive $428 million token unlock, Aptos could continue to appreciate in value before any significant selloff. The alt season may not have reached its peak, providing a window of opportunity for investors to accumulate APT prior to the unlock.

儘管 Aptos 的代幣解鎖金額高達 4.28 億美元，但在大幅拋售之前，其價值可能會繼續升值。山寨幣季節可能還沒有達到頂峰，這為投資者在解鎖之前累積 APT 提供了機會窗口。

Dymension (DYM) – Unlock: $23M on April 6:

Dymension (DYM) – 4 月 6 日解鎖：2,300 萬美元：

DYM's unlock is expected to have a muted impact on price due to its linear token distribution and the utility of the token in staking rewards. The platform's ecosystem is poised for growth, attracting investors seeking value and staking opportunities.

由於 DYM 的線性代幣分佈和代幣在質押獎勵中的效用，預期 DYM 的解鎖對價格的影響較小。該平台的生態系統蓄勢待發，吸引尋求價值和投資機會的投資者。

Starknet (STRK) – Unlock: $141M on April 15:

Starknet (STRK) – 4 月 15 日解鎖：1.41 億美元：

Starknet, a ZK-rollup protocol, presents an intriguing investment opportunity with potential returns of 3x-5x from current levels. The token unlock coincides with the accumulation phase before a potential rally, aligning with investor sentiment for long-term profit maximization.

Starknet 是一種 ZK-rollup 協議，它提供了一個有趣的投資機會，其潛在回報率為當前的 3 至 5 倍。代幣解鎖恰逢潛在反彈之前的累積階段，與投資者追求長期利潤最大化的情緒一致。

AltLayer (ALT) – Unlock: $61M on April 25:

AltLayer (ALT) – 4 月 25 日解鎖：6,100 萬美元：

Rounding off the list, AltLayer, a next-generation blockchain, taps into the narrative of identifying high-return opportunities in bull markets. While still speculative, ALT appeals to investors seeking higher risk/reward exposure, especially in sizable positions.

最後，AltLayer 是下一代區塊鏈，它利用了在牛市中識別高回報機會的敘事。儘管仍具有投機性，但 ALT 吸引了尋求更高風險/回報的投資者，尤其是在規模較大的部位。

The market will closely monitor these token unlocks and their impact on token prices and project trajectories. As always, investors are urged to conduct thorough research and exercise caution when navigating the volatile crypto landscape. By understanding the dynamics of token unlocks and identifying projects with strong fundamentals, investors can harness the opportunities while mitigating potential risks.

市場將密切關注這些代幣的解鎖及其對代幣價格和項目軌蹟的影響。像往常一樣，我們敦促投資者在波動的加密貨幣環境中進行徹底的研究並保持謹慎。透過了解代幣解鎖的動態並識別具有強大基本面的項目，投資者可以在利用機會的同時降低潛在風險。