Top 7 Token Unlocks of the Week (January 20-26)

Over $70 million in crypto will be unlocked this week, potentially triggering buying or selling pressure for the tokens. Here are the top 7 crypto unlocks of the current week.

Top 7 Token Unlocks of the Week – Over $70 Million in Crypto

Top 7 token unlocks of the week
Top 7 token unlocks of the week

1. Immutable (IMX)

On January 24, over 24.5 million IMX tokens will be unlocked, representing 1.23% of the total token supply. The unlock amount will be over $30 million or over 1.4% of the fully diluted market cap of the token at over $2.4 billion.

So far, 86.5% of the total token supply has been unlocked, CryptoRank notes.

Today, IMX surged by over 2.7%, and the coin is trading at $1.23, with a market cap above $2.1 billion.

IMX price in USD today
IMX price in USD today

2. AltLayer (ALT)

On January 25, 240.8 million ALT tokens will be unlocked, or 2.41% of the total token supply. The unlock amount is over $22 million or 10.5% of the fully diluted market cap of the token at $922 million.

So far, 23.1% of the total token supply has been unlocked.

Today, ALT is up by over 5%, with a market cap of over $216 million.

ALT price in USD today
ALT price in USD today

3. Space ID (ID)

On January 22, almost 18.5 million ID tokens will be unlocked, representing 0.93% of the total supply. The unlock amount is $7.53 million, or almost 4.3% of the fully diluted market cap of the token at $819 million.

So far, over 43% of the total token supply has been unlocked.

Today, ID is trading at $0.41, up by 3% in the last 24 hours. The coin’s market cap is above $353 million.

ID price in USD today
ID price in USD today

4. Hatom (HTM)

Today, over 5 million HTM tokens will be unlocked, or over 5% of the total supply. The unlock amount is over $4.5 million or 10.3% of the fully diluted market cap of the token at $90.1 million. Over 49% of the total token supply has been unlocked so far.

HTM is down by 5% today. The coin is trading at $0.84 and it has a market cap above $14 million.

HTM price in USD today
HTM price in USD today

5. Sovrun (SOVRN)

On January 26, over 36.7 million SOVRN tokens will be unlocked, or a little over 4% of the total supply. The unlock amount is $2.66 million, or over 4.4% of the fully diluted market cap of the token at $65.8 million.

So far, 82.4% of the total token supply has been unlocked.

Today, SOVRN is down by 9% and it has a market cap of over $39 million.

SOVRN price in USD today
SOVRN price in USD today

6. Moonwell (WELL)

On January 23, 37 million WELL tokens will be unlocked, or over 0.7% of the total supply. The unlock amount is $1.88 million representing 1.18% of the fully diluted market cap of the token at $255 million.

So far, 46.7% of the total token supply has been unlocked.

WELL price is down by 4.7% today, and it’s trading at $0.05.

WELL price in USD today
WELL price in USD today

7. GT Protocol (GTAI)

On January 25, 3.35 million GTAI tokens will be unlocked, or over 4.4% of the total supply. The unlock amount will be $1.85 million or over 8.3% of the fully diluted market cap of the token at $41.5 million.

So far, over 53% of the total supply of the token has been unlocked.

GTAI is down by over 6% today, with a market cap of $24.4 million.

GTAI price in USD today
GTAI price in USD today

These token unlocks are important events as they can trigger market volatility due to the buying or selling pressure of the digital assets.

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