5 Must-Know Cryptocurrency Tokens Unlocking Next Week for Traders

Key Takeaways

• WhiteBIT’s unlock is massive and could trigger sharp volatility.
• StarkNet and Arbitrum could experience some minor pressures from medium-scale launches.
• Traders should watch price action around unlocks for potential entries.

Next week’s crypto calendar has major token unlocks that could influence price action across several prominent projects.

Upcoming launches from exchanges such as WhiteBIT, along with blockchain projects like Aptos and StarkNet, might bring additional supply into the market. This could lead to increased volatility or provide chances for purchasing assets at discounted prices.

Traders and investors ought to keep a close watch on such occurrences, since token unlocks frequently serve as short-term triggers for erratic price movements.

WhiteBIT Token (WBT) – May 13

WhiteBIT is set
to release
a remarkable $1.2 billion worth of WBT tokens on May 13, representing about 27.4% of its total market cap.

This represents one of the biggest planned releases within the cryptocurrency sector for May and might lead to significant selling pressure.

The substantial scale of the unlock might affect market liquidity and may result in increased volatility in the token’s pricing.

Investors ought to approach the unlock date with caution since profit-taking activities by initial investors or insiders might exert downward pressure on WBT prices, particularly if the market demand does not adequately soak up the surge of newly released tokens.

Aptos (APT) – May 12

Aptos
will unlock
11.31 million APT tokens, worth around $65 million, on May 12.

Although this sum constitutes 1.83% of the overall market capitalization, it is merely adhering to the protocol’s scheduled monthly distribution of tokens.

Allocations will likely go to core contributors, investors, and community initiatives.

In the past, APT has exhibited modest adjustments in prices following an unlock, which varies based on the current mood of the market.

Although not as significant as some of the other releases this week, this event could still lead to temporary selling pressure.

Traders ought to keep a close watch on trading volumes.
price behavior
near the unlocking period to spot possible chances for buying dips.

StarkNet (STRK) – May 15

On May 15, StarkNet
will unlock
127 million STRK tokens, accounting for approximately 4.37% of the total circulation.

As part of StarkNet’s early deployment plan, this initiative focuses on progressively distributing token ownership in a decentralized manner.

This unlocking represents a substantial change that might lead to fluctuations in the market prices, particularly if those receiving the assets choose to offload them quickly.

Nevertheless, the enduring effect might be subdued if these tokens are meant for vesting or aimed at fostering ecosystem growth.

As a Layer 2 scaling solution on Ethereum showing increasing appeal among developers, STRK continues to be a token worth monitoring.

Still, near-term price fluctuations are likely, especially in a low-liquidity environment.

Immutable X (IMX) – May 16

Immutable X
is scheduled
to unlock
On May 16, there were 24.52 million IMX tokens, constituting 1.35% of the total circulation.

Although this constitutes a fairly small portion, it has the potential to impact the token’s pricing temporarily should the recipients decide to offload their tokens.

The released tokens are anticipated to be directed towards ecosystem incentives or distributed among team members, thereby increasing the total circulating supply.

IMX has demonstrated strength during past unlocking periods, however, overall market conditions will be crucial.

Traders ought to keep an eye out for sudden increases in trading volume or changes in market mood, especially when other alternative coins encounter difficulties.

Arbitrum (ARB) – Could be referring to May 16th

On May 16, Arbitrum plans to unveil 92.65 million ARB tokens, which are estimated to be valued at approximately $35.13 million.

This constitutes 1.95% of the market cap and follows April’s much larger unlock.

Even though this release is modest, it remains significant and has the potential to influence price movements if numerous tokens hit the market.

The release is in line with Arbitrum’s gradual vesting plan for team and investor shares.

As there is a revived focus on Ethereum Layer 2 protocols, ARB might continue to see purchasing demand; however, the unlocking of tokens could still exert downward pressure in the near term.

Cautious positioning and
technical analysis
are recommended both before and shortly after the release.

Conclusion

The tokens set to be released between May 12 and 18 signify important occurrences that might affect the near-term market movements.

Large releases like WhiteBIT’s $1.16 billion unlock may lead to heightened volatility, while smaller but notable unlocks from Aptos, StarkNet, and Arbitrum could still create price pressure if market demand doesn’t absorb the new supply.

Traders and investors ought to stay watchful for abrupt changes in mood, since such shifts frequently act as triggers for either downturns or upward surges, contingent upon overall market circumstances and the specific momentum of tokens.

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