以 Ondo Finance 的 ONDO 代币为首，价值数十亿美元的山寨币将于本周上市

由于即将发布的代币解锁时间表，替代加密货币（山寨币）市场本周可能会出现额外的波动

A substantial amount of cryptocurrency will be made available for several coins, including Ondo Finance's ONDO token, over the next week. This will likely lead to increased volatility in the market for alternative cryptocurrencies (altcoins).

下周将提供大量加密货币用于多种代币，包括 Ondo Finance 的 ONDO 代币。这可能会导致替代加密货币（山寨币）市场的波动性增加。

According to Tokenomist, the total value of the weekly unlocks is $3 billion, making it the highest since November.

据 Tokenomist 称，每周解锁的总价值为 30 亿美元，为 11 月以来的最高水平。

Ondo Finance's ONDO token, which is designed for decentralized tokenization, accounts for a large portion of the total.

Ondo Finance 的 ONDO 代币，专为去中心化代币化而设计，占总量的很大一部分。

On Jan. 18, the project will unlock 1.94 billion ONDO, valued at $2.23 billion, which is more than 130% of the token's circulating supply of around 1.4 billion. The upcoming ONDO unlock is also several times higher than its daily trading volume, which has recently ranged between $250 million to $300 million.

1月18日，该项目将解锁19.4亿枚ONDO，价值22.3亿美元，占该代币流通量约14亿枚的130%以上。即将解锁的 ONDO 也比其每日交易量高出数倍，近期交易量在 2.5 亿美元至 3 亿美元之间。

When a cryptocurrency is initially launched, a portion of the tokens are often frozen to prevent early investors and project team members from selling them all at once, which could lead to market instability. Instead, the tokens are gradually released over a period of time.

当加密货币最初推出时，一部分代币通常会被冻结，以防止早期投资者和项目团队成员一次性全部出售，这可能会导致市场不稳定。相反，代币会在一段时间内逐渐释放。

However, in some cases, such as with the ONDO unlock, the amount of tokens being unlocked is significantly higher than the token's circulating supply or average daily trading volume. This can increase the potential for volatility in the market.

然而，在某些情况下，例如ONDO解锁，解锁的代币数量明显高于代币的流通供应量或日均交易量。这可能会增加市场波动的可能性。

According to research by The Tie, tokens that are unlocked in an amount equal to 100% of the average daily volume tend to experience increased volatility both leading up to and following the event.

根据 The Tie 的研究，解锁数量等于日均交易量 100% 的代币往往会在事件发生之前和之后经历更大的波动性。

At press time, ONDO was trading at $1.14, which is the lowest since Dec. 2 and marks a 5% loss for the day and nearly 15% month-to-ܞdate decline. TradingView data shows that the token's price has been falling steadily since hitting record highs above $2.10 on Dec. 16.

截至发稿时，ONDO 的交易价格为 1.14 美元，这是 12 月 2 日以来的最低水平，当日下跌 5%，本月迄今下跌近 15%。 TradingView 数据显示，自 12 月 16 日触及 2.10 美元以上的历史高位以来，该代币的价格一直在稳步下跌。