Bittime – The crypto world is gearing up for the “April Unlock Saga”, a period in April where a large number of tokens will be released into the market.
A total of 330 billion US dollars of tokens from various projects are scheduled to be unlocked this month, potentially causing selling pressure but also presenting investment opportunities.
The largest token release will occur on April 15, where BitDAO (BIT) will release nearly 1 billion US dollars worth of tokens. Followed by APECoin (APE) with a value of more than 66 million US dollars and Aptos (APT) with a value of more than 52 million US dollars.
5 Interesting Crypto Projects According to Alex Wacy
Let's discuss 5 interesting projects identified by crypto analyst Alex Wacy.
1. Entangle (NGL): Unlock worth 35 million US dollars on April 12
Wacy analysts are interested in Entangle's $35 million unlock coinciding with several positive catalysts, such as the mainnet launch and staking feature.
NGL serving as a gas token for BORPA's launch sparked bullish sentiment, with some price predictions surpassing 10 US dollars. The ecosystem's significant growth potential could reduce major selling pressure.
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2. Aptos (APT): Unlock worth 428 million US dollars on April 12
Even though the APT unlock is massive (428 million US dollars), Wacy analysts think that the altcoin season may not have reached its peak yet.
This has the potential to cause APT prices to continue to rise before a large-scale selling action occurs. However, shortening APT this close to unlock could be a risky move.
3. Dimension (DYM): Unlock worth 23 million US dollars on April 6
Unlock Dimension, which is largely a linear token grant to the ecosystem, is not expected to exert significant selling pressure. Profits from staking rewards can continue to attract investors, driving price increases and participation in staking.
4. Starknet (STRK): Unlock worth 141 million US dollars on April 15
Starknet, positioned as a ZK-rollup, presents a promising investment opportunity with potential returns of 3x-5x from current price levels. Unlocks that coincide with the accumulation phase before a potential rally favors investors seeking long-term profit maximization.
5. AltLayer (ALT): Unlock worth 61 million US dollars on April 25
Closing out the list is AltLayer, a next-generation blockchain that leverages momentum to identify high-yield investment opportunities in bull markets. Even though it is still speculative, ALT is attractive for investors who dare to take high risks for big profits, especially considering the fairly large ownership position.
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Conclusion
The crypto market will closely monitor this token unlock and its impact on the token price and the overall project. Investors are advised to always conduct thorough research and exercise caution when navigating the volatile crypto landscape.
How to Buy Starknet (STRK) on Bittime
You can buy and sell Starknet (STRK) easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Starknet (STRK) is available on Bittime with the market pair STRK/IDR. To be able to buy STRK IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Starknet (STRK) on Bittime.
Monitor the price chart movements of Starknet (STRK), Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.
Read Also:
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DISCLAIMER: This article is informational and is not an offer or solicitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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