CandleFocus Aptos, Cardano Among the $200M in Crypto Unlocks to Hit Market This Week
2024-10-04
Author: Content Editor
Several blockchain projects, including Aptos (APT), EigenLayer (EIGEN), Optimism (OP), Neon EVM (NEON), Cardano (ADA), and Mode (MODE), are set to unlock a total of $200 million worth of cryptocurrencies between October 7th and 13th. This influx of tokens could impact altcoin prices, especially as the broader market faces a downtrend and rising geopolitical tensions in the Middle East. Notably, close to 85% of ADA's total supply has already been unlocked. CoinMarketCap shows ADA falling 0.9% in the past 24 hours while APT has surged by 3.05%. The broader digital asset market has seen significant drops in recent days, with Bitcoin and Ether falling 6.5% and 10.67% respectively.
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