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I just reviewed the token unlock schedules of major projects and found several noteworthy points. Although these unlocks have been happening since February, they demonstrate how strong selling pressure can impact the market.
Looking at the numbers, MELANIA is one of the most significant cases with over 61 million tokens released, accounting for 40.83% of the circulating supply. APT, ARB, and XDC also had large unlocks around that time. The current price of MELANIA is approximately $0.11, APT at $0.91, and ARB at $0.10 — all reflecting the pressure from these token unlock schedules.
The good news is that some projects like Immutable (IMX) with 24.52 million tokens unlocked have a healthier flow, with only 1.41% of the circulating supply. Smaller unlocks from Jito Labs, Movement, Polyhedra Network are also worth monitoring if you're trading these tokens.
In reality, token unlock schedules are always an important factor that many traders overlook. If you want to avoid surprises from major unlock events, proactively track them before they happen. The crypto market moves too quickly, so thorough preparation is essential.