In a surprising turn of events, the cryptocurrency market, which initially appeared resilient to last week’s US tariff shock, saw a major decline over the weekend. The losses were led by Bitcoin, which saw a 4% fall, followed by Ethereum with a 10% drop, XRP with a 6.5% decrease, and BNB with a 5.91% loss.
The brunt of the decline was felt more acutely by the altcoins, causing the entire cryptocurrency market to lose 4.88% in the last 24 hours. As of the writing of this report, the total cryptocurrency market value stands at $2.53 trillion.
Despite the recent downturn, it’s worth noting that there will be a significant number of token unlocks in a variety of altcoins in the week ahead. As part of our commitment to keep our readers informed, Bitcoinsistemi.com has prepared a token unlock calendar for your reference.
The first unlock scheduled is for MANTRA (OM) which has a market value of $5.75 billion. The token unlock amount is $1.42 million (0.02%), and the unlock time is set for April 7, 2025, at 03:00 UTC+3 Türkiye time.
Moreover, Worldcoin (WLD), with a market value of $785.80 million, will unlock $3.19 million (0.41%) of its tokens at the same time as MANTRA. Other notable unlocks include To the left (LEFT) with $51.10 million (0.09%) and Neon (NEON) with $5.49 million (20.24%).
Notably, Saga (SAGA) is set to unlock $32.67 million (118.40%) of tokens, making this one of the most significant unlocks on the list. On the other hand, Internet Computer (ICP) with a market value of $2.24 billion will unlock a smaller portion of its tokens amounting to $11.00 million (0.49%).
Axie Infinity (AXS), a project with a market value of $394.94 million, is set to unlock $26.93 million (6.79%) of its tokens. This is not far from Cheelee (CHEEL) which will unlock $63.62 million (14.69%) of tokens.
Lastly, Covalent X Token (CXT), with a market value of $24.15 million, will unlock $1.84 million (7.62%) of its tokens. This is set to occur on April 13, 2025, at 03:00 UTC+3 Türkiye time.
Please note that this information is not intended to serve as investment advice. It’s always recommended to conduct thorough research and seek professional advice before making any investment decisions.
As the cryptocurrency market continues to evolve, it’s crucial to stay informed about upcoming developments and market changes. We will continue to provide you with the latest updates to help you navigate this dynamic market.
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