Unlocking coins: time for caution and market analysis

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Token unlocking is the process by which previously locked coins become available for trading. This event often leads to early investors holding significant volumes of cryptocurrency starting to realize their profits by selling assets. For regular traders, this can serve as a signal to closely examine the market and potentially look for entry points during price declines.

Upcoming Unlocking Events

In the near future, the unlocking of tokens from several projects is expected:

|Coin|Time until unlock| |-----|----------------------| |IMX |1 day 19 hours | |FLOW |2 days 9 hours | |APE |3 days 9 hours |

It is important to note that this information is current as of the time of publication - July 13, 2023, 14:04 UTC 0. Traders are advised to exercise caution when trading during token unlock periods and to closely monitor market trends. Gate provides market analysis tools that can assist in making informed trading decisions.

Remember that the cryptocurrency market is characterized by high volatility, and any investments carry risks. Always conduct your own research and do not invest more than you can afford to lose.

IMX0.22%
FLOW1.15%
APE0.69%
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This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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