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Token unlocking this week: over 32 million dollars from BLAST, ALT, VENOM will enter the market.
The unlocking of BLAST worth 25 million US dollars has led to weak dynamics, as the volume has dropped by almost 34% this week.
AltLayer and VENOM face dilution risk despite differing volumes and price dynamics
YGG shows optimistic signs after unlocking, while C98 is struggling due to weak price support.
Unlocking of insider coins for the week from June 23 to June 29 is expected to release assets worth over $31.8 million into the market. This significant movement includes some high-performance coins such as BLAST, ALT, VEN, YGG, and C98.
These pre-planned releases of previously locked tokens increase the circulating supply, and market participants will closely monitor their potential impact on price volatility.