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$309M in Tokens to Unlock This Week Amidst Market Uncertainty
- The crypto market remained stable with Bitcoin and major altcoins showing minimal movement.
- A significant token unlock is expected, with over $309 million worth of tokens entering the market between Dec. 15 and Dec. 22. Projects involved include ZRO, ARB, SEI, ZK, LISTA, and ID.
- Large linear token unlocks are anticipated for RAIN, SOL, TRUMP, WLD, DOGE, ASTER, AVAX, and TAO. ASTER leads with $75.36 million set to be released.
- Heavy token unlock activity may increase supply pressure and risk short-term price declines amid weakening sentiment toward altcoins. The Altcoin Season Index is at a low of 19.
- Analyst Ted notes no significant movement in the altcoin market cap compared to the Russell 2000 index's performance, suggesting that hopes for a broad altcoin rally may be unrealistic.
- Michael van de Poppe highlights a potential market shift with Bitcoin dominance decreasing and Ethereum gaining strength against Bitcoin. This could influence market trends into 2026.
- Despite these changes, many altcoins remain undervalued, which could trigger a strong altseason if positive sentiment continues.