In January, over $5.5 billion in cryptocurrencies are set to unlock, with ONDO, BGB, HYPE, and TRUMP tokens leading the way. The unlocks are split between cliff and linear releases to manage supply increases. Large releases can impact prices, especially in thin market conditions or fragile sentiment.
The top four unlocks in January include ONDO, BGB, HYPE, and TRUMP tokens, totaling almost $2 billion. ONDO leads with 1.9 billion tokens, followed by BGB with 140 million, HYPE with 12.4 million, and TRUMP with 50 million. These releases contribute significantly to the month’s overall supply increase.
Hyperliquid’s 12.4 million token release on Tuesday for core contributors is the closest unlock in the group. Despite the pending release, HYPE traded at $26.41, showing a 5.7% gain over 24 hours. This bullish momentum suggests positive sentiment towards the token despite the upcoming unlock.
The official memecoin of US President Donald Trump is set to unlock 50 million tokens worth $270 million on Jan. 18 for founders and team members. While smaller than other unlocks, the releases of ONDO, BGB, and TRUMP still contribute significantly to January’s overall supply increase.
Read more at Cointelegraph: $5.5B in Crypto Token Unlocks Scheduled for January
