Three Cryptocurrencies To Avoid Trading Next Week
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Three Cryptocurrencies To Avoid Trading Next Week

  • Bitcoinworld selected three cryptocurrencies to avoid trading next week due to higher risks on the horizon.

The cryptocurrency market is naturally uncertain and volatile, but specific events may increase uncertainty and volatility for specific cryptocurrencies. 

From a risk management perspective, avoiding trading under extreme uncertainty may improve traders’ overall results.

In this context, Bitcoinworld selected three cryptocurrencies to avoid trading next week due to higher risks on the horizon.

3 Cryptocurrencies To Avoid Trading Next Week Due To Token Unlocks

Amid events that generate uncertainty and volatility, token unlocks often massively impact prices by increasing the circulating supply. 

Therefore, three cryptocurrencies to avoid trading next week are due to token unlocks.

For the next seven days, crypto projects will unlock $338.42 million worth of tokens.

In particular, Aptos (APT), The Sandbox (SAND), and CyberConnect (CYBER) will unlock 98.9% of it for a total of $334.74 million worth, according to Token Unlocks App.

See Also: Price Analysis: Internet Computer (ICP) Price Rises More Than 3% In 24 Hours

Aptos (APT) Massive Token Unlock On February 11

First, Aptos has the largest unlock in dollars, expected on February 11. Its vesting contract will release 24.84 million APT worth over $221.59 million by press time.

Notably, “Investors” and “Core contributors” will receive the largest part, summing up to over $180 million of liquid assets. The total unlock will increase Apto’s circulating supply by 7.3%.

Avoid Trading SAND And CYBER Next Week

The two other cryptocurrencies to avoid trading due to token unlocks are The Sandbox and CyberConnect

The former will release 205.59 million SAND ($95.18 million), while the latter 2.36 million CYBER ($17.97 million). 

Both unlocks will increase their circulating supply by 9.2% and 15.9%, respectively.

Specifically, The Sandbox will unlock its tokens on February 14 and CyberConnect on February 13.

Essentially, the receiving entities could take this opportunity to dump the unlocked tokens on the market. 

This would inevitably create huge selling pressures for these cryptocurrencies, affecting their prices and diluting their holding values.

See Also: Price Analysis: Injective (INJ) Price Increased More Than 6% Within 24 Hours

On the other hand, speculative price action could also make these tokens increase in price in the short term. 

In this scenario of high speculation and uncertainty, investors should avoid trading the three aforementioned cryptocurrencies and wait for further developments.

Disclaimer: The information provided is not trading nor financial advice. holds no liability for any trading or investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any trading or investment decisions.


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Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.