加密市场正准备迎接代币解锁潮，带来机遇和抛售担忧

随着 4 月份的临近，加密货币市场预计将出现大量代币解锁浪潮，价值超过 3300 亿美元的代币将进入流通。虽然这些解锁可能引发抛售压力，但它们也为投资者提供了潜在的机会。一位著名的加密货币分析师确定了五个即将解锁代币的杰出项目，并深入了解它们对市场动态和投资策略的潜在影响。

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

加密市场为四月份的代币解锁做好准备：一波机遇和潜在抛售压力

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.

随着 4 月份的临近，加密货币市场正处于一波代币解锁浪潮的边缘，价值超过 3300 亿美元的代币预计将在众多项目中进入流通。虽然代币解锁通常被视为抛售压力的潜在来源，但它们也为眼光敏锐的投资者提供了利润丰厚的机会。

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.

最大的一笔解锁交易来自 BitDAO (BIT)，预计将于 4 月 15 日释放价值近 10 亿美元的代币。紧随其后，APECoin (APE) 和 Aptos (APT) 将分别发行价值超过 6600 万美元和 5200 万美元的代币。

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

在这股代币解锁热潮中，加密货币分析师 AlΞx Wacy 发现了五个值得关注的杰出项目：

• $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.

$DYDX – 1.17 亿美元 4 月 1 日：DYDX 是去中心化衍生品交易所 dYdX 的原生治理代币，由于其即将解锁，预计将经历重大价格变动。$SUI – 1.29 亿美元 4 月 3 日：Sui，第 1 层区块链专为可扩展性和安全性而设计，其代币解锁将与主网的启动同时进行，这可能会产生积极的情绪，从而减轻抛售压力。$EEFI – 1200 万美元 4 月 4 日：EEFI，去中心化借贷平台 Equilibrium 的治理代币，由于该平台不断增长的用户群和不断扩大的生态系统，预计将从其代币解锁中受益。$DYM – 2300 万美元 4 月 6 日：由于其线性分布和代币的实用性，预计 Dymension 的代币解锁对价格的影响有限生态系统的质押奖励プログラム。$GMT – 4000 万美元 4 月 9 日：GMT，即移动赚钱游戏 STEPN 的实用代币，随着该项目继续获得关注并扩大其用户群，需求可能会增加。除了这五个Wacy 重点介绍了其他几个项目，这些项目将于 4 月份解锁大量代币，包括 CGPT、NGL、SEI、ZBC 和 ALT。

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

Entangle (NGL) – 4 月 12 日解锁：3500 万美元：

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 推出的天然气代币，由于其即将解锁，预计将引起广泛关注。尽管存在与代币解锁相关的抛售压力，但随着包括主网启动和质押功能在内的多种催化剂的出现，NGL 仍有上涨的潜力。

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

Aptos (APT) – 4 月 12 日解锁：4.28 亿美元：

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.

尽管 Aptos 的代币解锁金额高达 4.28 亿美元，但在出现大幅抛售之前，其价值可能会继续升值。山寨币季节可能还没有达到顶峰，这为投资者在解锁之前积累 APT 提供了机会窗口。

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

Dymension (DYM) – 4 月 6 日解锁：2300 万美元：

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.

由于 DYM 的线性代币分布和代币在质押奖励中的效用，预计 DYM 的解锁对价格的影响较小。该平台的生态系统蓄势待发，吸引着寻求价值和投资机会的投资者。

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

Starknet (STRK) – 4 月 15 日解锁：1.41 亿美元：

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 是一种 ZK-rollup 协议，它提供了一个有趣的投资机会，其潜在回报率为当前水平的 3 至 5 倍。代币解锁恰逢潜在反弹之前的积累阶段，与投资者追求长期利润最大化的情绪相一致。

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

AltLayer (ALT) – 4 月 25 日解锁：6100 万美元：

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.

最后，AltLayer 是下一代区块链，它利用了在牛市中识别高回报机会的叙事。尽管仍具有投机性，但 ALT 吸引了寻求更高风险/回报的投资者，尤其是在规模较大的头寸中。

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.

市场将密切关注这些代币的解锁及其对代币价格和项目轨迹的影响。与往常一样，我们敦促投资者在波动的加密货币环境中进行彻底的研究并保持谨慎。通过了解代币解锁的动态并识别具有强大基本面的项目，投资者可以在利用机会的同时降低潜在风险。