Crypto Market Cautious: Beware These High-Risk Altcoins Amidst Upcoming Job Data and Token Unlocks

The cryptocurrency market is facing a turbulent period, with altcoin unlocks and the upcoming US job data looming large. Key insights reveal that certain tokens are particularly vulnerable to volatility. 65.86% of TAIKO’s token supply will be unlocked between June 2nd and June 9th, while NEON is set to unlock 6.48%. This sudden influx of tokens into the market could trigger a downward trend for these altcoins due to potential sell pressure. Experts advise caution, especially for investors considering risky tokens like TAIKO and NEON, until more stability emerges.