Crypto Market Brace for Unlock Surge as $1 Billion Worth of Tokens Hit Circulation

A substantial wave of token unlocks is anticipated to impact crypto markets this week, with over $998 million in value set to enter circulation between August 25th and August 31st, according to data from Tokenomist. This surge could trigger selling pressure across various altcoins, as a combination of high unlocking schedules and heavy releases of tokens are anticipated.