3 Crypto Tokens To Sell This Week Before Volatility Takes Over
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The crypto market is finally showing signs of recovery after its recent massive liquidation. However, the soon-to-be-coming crypto unlock event could introduce even further volatility for a few cryptos, so investors should consider selling those before the volatility takes over. In this blog, let’s discuss the top three crypto tokens to sell this week.
3 Crypto Tokens To Sell Now & Why
According to the Tokenomist report, $150B worth of token unlocks will occur in 2025. Out of which, $378.22M worth of crypto tokens will be unlocked in the next seven days. Such unlock introduces additional tokens to the circulating supply, liquidating the value.
More importantly, this could introduce additional volatility in the short term, affecting the crypto prices. This week, investors should analyze and consider cryptos like CHEEL, APT, and ZKJ for sale.
1. Cheelee (CHEEL)
CHEEL will witness the biggest cliff unlock of the week at $164.21M. It is already seeing high volatility, resulting in continuous consolidations. The addition of new tokens to its supply may increase the selling pressure, triggering its crash. Short-term investors could consider this crypto to sell, but long term investors must research further to analyze its long-term trajectory.
2. Aptos (APT)
The popular altcoin Aptos will witness $68.42M worth of APT unlocks in the next few days. These tokens will represent 2% of its circulating supply. This significant event can turn its short-term trajectory to complete bearish under seller activity. Investors can lock their profits now by selling and rebuying when the price crashes.
3. Polyhedra Network (ZKJ)
ZKJ will witness the most alarming unlocks compared to the other two, with 29.8% of its supply entering the market. A small supply often crashes the token, and 29.8% can drastically dilute its value. Moreover, holders might panic sell this token, resulting in massive drops.
What Crypto Token Holders Should Do Next?
Crypto unlocks are common in the crypto industry, where early buyers release their locked coins into the market. However, such events often bring volatility and short-term instability, resulting in sellers’ dominance. As a result, the token price drops, and the holders bear losses. This week, $378.22M worth of tokens will be unlocked for CHEEL, APT, and ZKJ. With careful analysis and research, investors can consider these crypto tokens to sell before volatility takes over. Meanwhile, users can consider ETH, SOL, LINK and few other cryptos to buy for big gains.
The post 3 Crypto Tokens To Sell This Week Before Volatility Takes Over appeared first on CoinGape.