Key Takeaways:
More than $102 million in tokens are set to unlock this week, led by large releases from Signum (SIGN) and Jupiter (JUP) on April 28, potentially adding significant selling pressure to the altcoin market.
According to tokenomics data, the scheduled unlocks represent a substantial increase in the circulating supply for these assets, a move that traders are watching closely for its potential market impact.
The Signum network will release 401.11 million SIGN tokens, while Jupiter, a key decentralized exchange aggregator on the Solana blockchain, will unlock 53.47 million JUP tokens. Another project, Flock, also has unlocks scheduled during the week, contributing to the total value.
These events are critical tests for the tokens' price stability. The introduction of new supply can lead to price depreciation if the market cannot absorb the new tokens, a risk that is particularly acute for assets held by early investors or team members whose tokens are vesting. The large influx of tokens could increase market volatility as the newly available assets may be sold on the open market.
This article is for informational purposes only and does not constitute investment advice.
