Crypto NewsAltcoinThose Who Hold These Altcoins Attention! Locks Opening in May!

Those Who Hold These Altcoins Attention! Locks Opening in May!

According to Token Unlocks data, 20 altcoins are expected to be unlocked in May.

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Investors are keeping a close eye on cryptocurrencies to be unlocked, as well as Bitcoin (BTC) and altcoin prices.

In this context, Chinese crypto journalist Wu Blockchain shared the altcoins that will be unlocked in May.

According to data from research firm Token Unlocks, a total of 20 altcoins are expected to be unlocked in May.

These altcoins include Liquity (LQTY), Galxe (GAL), 1inch (1INCH), Nym (NYM), Tornado Cash (TORN), GMX (GMX), dYDx (DYDX), Euler (EUL), Moonbeam (GLMR), Aptos (APT), Sweat Economy (SWEAT), BitDAO (BIT), ApeCoin (APE), Oasis Network (ROSE), ImmutableX (IMX), Acala (ACA), Roinin (RON), Yield Guild Games (YGG), Avalanche ( AVAX) and Optimisim (OP).

Some of the altcoins in the data of Token Unlocks, which are expected to be unlocked in May, and their values are as follows:

"May 05, $ 1.1 million LQTY,

May 5, $13.1 million GAL

On May 09, $16.7 million DYDX

APT of 45.3 million dollars on May 12

On May 15, 90.8 million dollars of BIT

APE of 60.4 million dollars on May 17

On May 20, $16.8 million IMX

On May 27, 14.7 million dollars of RON

AVAX with $163.5 million on May 28

The $330.9 million OP will unlock on May 31st."

Although unlocking the tokens does not mean that there will be a direct sale, such developments can reduce the risk appetite and price for that token. In this context, experts remind that investors should be careful.

*Not investment advice.



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