Avalanche (AVAX) Team Set to Release $100 Million Worth of Tokens.
1 min read
TL;DR
-Avalanche (AVAX) is set to unlock 9.54 million tokens, adding a potential selling pressure of $100 million.
-The last token unlock in May caused the price of AVAX to drop by over 30%, but it bounced back from the $10.44 support range.
-Other significant token unlocks this week include Space ID (ID), Yield Guild Games (YGG), and Lido DAO (LDO), totaling over $120 million.
submitted by /u/defiCosmos
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