October 2024 is poised to be a significant month in the cryptocurrency landscape, with an impressive $3.46 billion worth of tokens set to be unlocked, as highlighted by Token Unlocks data.
This substantial release will predominantly affect several key crypto, notably TIA, WLD, and SOL. Leading the charge is TIA, with a staggering $1.12 billion worth of tokens scheduled for release, which is expected to heavily influence market dynamics.
Following TIA, Solana (SOL) will see $360.80 million worth of tokens unlocked, while Worldcoin (WLD) is not far behind with $336.31 million.
In addition to these major players, a collective of lesser-known tokens is anticipated to contribute an additional $1.65 billion to the market. The sheer volume of TIA’s unlock is likely to create a significant supply influx, potentially leading to heightened volatility as traders and investors recalibrate their strategies in response to the changing landscape.
Moreover, the period from September 30 to October 6 will also witness the release of over $568 million in crypto assets. This includes notable projects such as Solana (SOL), SUI, Worldcoin (WLD), Immutable (IMX), and ZetaChain (ZETA).
SUI will take the lead during this short window, unlocking more than $108 million, followed closely by Solana with $75.90 million and Worldcoin at $58.07 million. Analysts are already predicting that these substantial
