March can become an important month for the cryptography market, and more than 32 projects that will unlock tokens worth more than $ 3 billion, according to TOKEN, unlock. The most important event comes from Arbitrum (ARB), which will release more than 1 billion tokens by March 16 – an amount that is 87% of its current circulating sentence.
In this unlocking ARB, worth about 2.2 billion dollars. USA, will lead to 673.5 million tokens allocated by the main team and project consultants, while 438.25 million ARB will be distributed for investors. Given the huge volume of tokens included in the circulation, the price of the ARB may encounter significant reduced pressure if a strong demand for the purchase is not satisfied.
APTOS (APT) is another major player in this round OLCKS, with 24.84 million APT tokens, which is 6.76% of its circulating deliveries, which will be released by March 13. At current market rates, this unlock is estimated at $ 290 million.
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Meanwhile, SUI (SUI) and optimism (OP) are also prepared for significant unlocking. On March 34, SUI will release 34.62 million tokens worth about 58.15 million dollars. The United States, while optimism should unlock 24.16 million. The flow estimated at more than $ 90 million, by March 29. Both projects consistently released new tokens from the very beginning of the year, which increased fears about the long -term impact of supplies of supply on their market indicators.
Analysis of altcoin market capitalization
Meanwhile, the altcoin market diagram below shows that the relative force (RSI) index involves further risk of reduction. RSI is located deep in the bear territory for 26.89, which suggests that although the rebound of relief is possible, a wider trend remains weak. If the pressure on the sale remains, Altcoins can see a further decline before finding a stable level of support.
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In addition, Altcoin’s market capitalization is currently breaking below the lower band of the Bolinger, signaling increased volatility and potential state of resale. If the bulls are owned, investors can expect re -testing of $ 872 billion and $ 962 billion.
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