The alternative currency market is preparing for a wave of token launches worth 1.8 billion dollars
PUMPUSDT
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The CryptoRank platform has unveiled a massive wave of scheduled digital token launches for next month, with alternative currencies expected to be launched totaling up to 1.8 billion dollars in the markets. Among the most notable tokens scheduled for large releases are: SUI, ASTAR, ZRO, and PUMP.
This phenomenon, known as "Token Unlocks" or the release of locked tokens, is one of the main factors driving increased volatility in the prices of alternative cryptocurrencies, raising concerns among traders and investors alike about the potential for sharp price fluctuations that could impact market liquidity and stability.