According to CryptoRank, the price of Axelar (AXL) has decreased by 10% in the last 24 hours. DYDX lost 7% in price, SUI by 8.8%, and OP by almost 6%. In turn, 1INCH fell by more than 4%, and HBAR and IMX by 2-3%.
According to Token.Unlocks and CryptoRank, altcoin market supply is expected to increase by almost $650 million this week.
Tokens worth about $480 will be added to the working stock of DY DX, which will double the current number of assets on the market. OP, SUI, Axela r (AXL), Immutable X (MIX), 1 inch (1 INCH) and Hedera (HBAR) are also planning major unlocks in the coming days.
The largest cryptocurrency BTC has also decreased in price by 0.7% over the past day.