Crypto Market Sees Surge in Token Releases as $610 Million Unlocked

A wave of token unlocks is sweeping the cryptocurrency market, with over $610 million worth of tokens set to be released this week. Meteora (MET) leads the charge with a 43% supply unlock scheduled for October 23rd, releasing 430 million tokens into circulation. Aster’s upcoming unlock, on October 14th, is valued at approximately $461.7 million and represents 15.9% of its market cap. This significant unlock follows a surge in daily token unlocks this week.