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#DeepCreationCamp
#Deep Creation Camp
This week, a total of approximately $572,070,000 worth of tokens will be unlocked for 11 different altcoins in the crypto market.
According to the latest available data, both bulk and phased unlocks from March 2 to March 9 will be a focus for investors across many projects. The large-scale unlocks, which stand out in terms of monetary value, could increase selling pressure on some altcoins in the short term.
When considering both bulk and phased unlocks together, the total monetary amount during this period is approximately $572,070,000. The majority of this amount comes from bulk unlocks.
The total size of projects whose tokens will be unlocked in bulk this week is estimated at around $344,690,000. The notable projects and details are as follows:
HYPE: $316.64 million (2.45% of the unlocked supply)
ENA: $22.01 million (2.79% of the unlocked supply)
RED: $6.04 million (16.13% of the unlocked supply)
Phased Unlocks (March 2-9)
During this period, the total monetary value of projects with phased unlocks is approximately $227,380,000. The unlocks are as follows:
RAIN: $86.34 million
SOL: $39.87 million
CC: $31.04 million
TRUMP: $21.64 million
RIVER: $18.08 million
WLD: $14.33 million
DOGE: $8.79 million
ASTER: $7.29 million
Potential Impact on Prices
The token supply of over $572,070,000 entering the market during this period, especially for projects like RED with relatively high unlock ratios, could increase short-term selling pressure.
On the other hand, for high market cap projects like SOL and DOGE, phased unlocks are spread out over time, so the impact on prices is expected to be more limited.