Token lock opening in the Altcoin market is one of the important events that directly affect price fluctuations and investor psychology. In the third week of March, a total of $ 34 million lock expansion will take place. This week, especially with the release of ZKJ, Manta and BMT tokens, the increase in liquidity and possible volatility will be on the agenda. So, which token will be released and how will prices be affected? As Kriptokoin.com, we convey the details…
The first Altcoin on the list “Polyhedra Network (ZKJ)”
- Lock Opening Date: March 19
- Quantity to be opened: 15.50 million ZKJ (1.55%)
- Total value: 31.38 million dollars
- Current Supply in circulating: 60.3 million ZKJ
Polyhedra Network is a platform that provides revolutionary solutions for scalability between web3 and chains. Zkbridge technology provides safe and fast processing. However, the large lock expansion of 15.50 million ZKJ, which will take place on March 19, can affect prices harshly.
Distribution of Locking Tokens:
✔ 8,47 million ZKJ (2,65%) – Network Incentives
✔ 2,61 million ZKJ (1.74%) – Community, Airdrop and Marketing
✔ 3,61 million ZKJ (2,41%) – Foundation Reserves
✔ 800 thousand ZKJ (4.00%) – Early Investors
This expansion is equal to 25.7 %of ZKJ’s market value! That is, a large sales pressure may occur and price mobility may be inevitable.
Manta Network (Manta)
- Lock Opening Date: 18 March
- Quantity to be opened: 13.63 million manta (1.36%)
- Total value: 3.34 million dollars
- Current Supply in circulating: 393.7 million manta
Manta Network is a blockchain project that works with zero information (ZK) technology that increases privacy and scalability. However, the 13.63 million manta token to be opened on March 18 increases liquidity and the prices can take down.
Distribution of Locking Tokens:
✔ 3,37 million manta (1,59%) – Ecosystem and community
✔ 1.88 million Manta (1.39%) – Foundation Reserves
✔ 3,50 million Manta (2.70%) – Private Investors
✔ 1,87 million Manta (2,31%) – Consultants
✔ 1,67 million Manta (2.70%) – Strategic Investors
✔ 1,35 million Manta (2.70%) – Corporate Investors
Currently, 42.5 %of the manta supply is locked. After this expansion, the liquidity in the market may increase, but it is also likely to create sales pressure on the price.
3. Altcoin “Bubblemaps (BMT)”
- Lock Opening Date: Continues daily
- Daily amount to be opened: 884,16 thousand BMT (0.09%)
- Current Supply: 256,18 million BMT
Bubblemaps is an innovative platform that provides blockchain analyzes. The project, which has completed the TGE (Token Generation Event) process on Binance Wallet, releases a certain amount of BMT Token every day.
Daily distribution of the UNT:
✔ 184,10 thousand BMT (0.07%) – Ecosystem and Community
✔ 408,48 thousand BMT (0.18%) – Airdrops
✔ 291,58 thousand BMT (0.24%) – Providing liquidity
This daily lock opening model aims to make the market more balanced by reducing sudden sales pressure. However, it can put pressure on prices in the long run.
How will these token expansions affect the market?
The new token of $ 34 million to be released this week is a development that investors should follow carefully.
The prominent points:
✔ ZKJ can create fluctuations at prices with a large lock expansion of $ 31.38 million.
✔ Manta can create sales pressure in the market with a token opening of $ 3,34 million.
✔ BMT increases liquidity with daily expansions, but the price balance may vary in the long run.
Such large token expansions often cause short -term price drops. Investors should re -evaluate their long -term positions by closely monitoring the token economies of these projects.
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