According to data from Token Unlocks, the crypto market will witness several notable Token Lockup unlocks this week. Among them, PYTH and ZRO are two projects with large amounts of unlocked Token , totaling over $100 million in value.
PYTH unlocks 2.13 billion Token .
Pyth Network (PYTH) plans to unlock 2.13 billion Token on May 19th.
These Token are worth approximately $92.46 million, equivalent to 36.96% of the current circulating supply. This is the largest unlock on this week's list.
ZRO unlocks over 25 million Token .
LayerZero (ZRO) will unlock 25.71 million Token on May 20th.
The estimated value of these Token is approximately $32.65 million, representing 5.07% of the circulating supply.
KAITO also has an unlock event this week.
KAITO (KAITO) plans to unlock 17.6 million Token on May 20th.
These Token are worth approximately $8.51 million, equivalent to 4.7% of the circulating supply.
Investors should monitor price fluctuations.
Token Lockup unlocking rounds typically increase the circulating supply in the market. This can create selling pressure if investors or Token recipients choose to take profits.
This week, PYTH, ZRO, and KAITO are the names you should watch closely, especially around the time of Token Lockup unlocking.
