Token unlocking events refer to the release of tokens that were previously restricted for specific reasons. This process is usually strategically planned to reduce selling pressure in the market and stabilize prices. Below are three important token unlocking events happening next week: 1. PORTAL: A native token platform connecting players and developers in various blockchain networks. 25.61 million tokens will be released on February 28 for the team, advisors, and treasury. 2. ALT: A decentralized protocol helping developers optimize layer 2 rollups. 240.80 million tokens will be in circulation on February 25 for various purposes such as treasury, protocol development, ecosystem, team, and strategic partners. 3. NFP: An AI-based content production platform for web 3, allowing users to create digital assets and NFT tokens to earn income. 14.51 million native NFP tokens will be in circulation on February 27 for staking, payments, participating in competitions, and governance purposes. These tokens will be distributed among different sectors like short-term growth funds, long-term treasury funds, team, and investors. In total, around $17.71 million worth of new tokens will enter the market during these events. This liquidity increase can lead to further price fluctuations and bring about changes in the roadmap of each project.
