CandleFocus

Major Token Unlocks Expected to Impact Crypto Market Dynamics

The DeFi market is expected to make significant progress in the near future as several prominent tokens are scheduled for release. Analytics firm Phoenix predicts that token unlocks from projects such as Hooked Protocol, dYdX, Save, Self Chain, Beta Finance, Optimism, Maverick Protocol, Worldcoin, and Yield Guild Games will have an impact on the market dynamics. Yield Guild Games leads the list with a token unlock of 11.49 million $YGG, followed by Worldcoin with 5.02 million $WLD, Maverick Protocol with 15.52 million $MAV, Optimism with 32.21 million $OP, Beta Finance with 16.67 million $BETA, Self Chain with 1.52 million $SLF, Save with 2.21 million $SLND, dYdX with 11.14 million $DYDX, and Hooked Protocol with 8.33 million $HOOK. These token unlocks will affect market sentiment and trading dynamics in the coming weeks.

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