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3 Token Unlocks to Watch for The Last Week of February

Author: Content Editor
3 Token Unlocks to Watch for The Last Week of February
This article discusses three major token unlocks that are scheduled for the upcoming week in the cryptocurrency market. The first token unlock is for Portal, a Web3 gaming platform, which will release tokens from various allocations such as the Team & Advisors and the Treasury. This unlock is expected to inject liquidity into the market and incentivize further ecosystem development.

The second token unlock is for AltLayer, a decentralized protocol for blockchain developers. The ALT token plays a crucial role in staking, governance, and protocol fee payments. This unlock is distributed across various allocations, including Foundation/Treasury, Protocol Development, and Team. It is expected to enhance liquidity and support AltLayer's scaling and security initiatives.

The third token unlock is for NFPrompt, an AI-powered content creation platform. The NFP token is used for staking, payments, contest participation, and governance. This unlock will add fresh tokens to the circulating supply and potentially impact the token's liquidity and market sentiment.

Overall, these token unlocks represent a total value of nearly $17.71 million entering the market this week. Investors and community members should be aware of potential price volatility and strategic shifts in each project's roadmap due to the increased liquidity and participation in governance and staking.

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