Data: Over 3.91 million AXS will be unlocked this week, valued at approximately $35.77 million

On April 17th, according to TokenUnlocks data, the following tokens were about to be unlocked this week (from April 17th to April 23rd). Among them, at 21:10:00 on April 17th, 3914250.02 AXS (approximately $35.77 million) were unlocked, accounting for 1.45% of the total supply; At 18:00:00 on April 22nd, 18075990.62 IMX (approximately $21.32 million) were unlocked, accounting for 0.904% of the total supply; At 20:10:00 on April 20th, 192307.69 GALs (approximately $400000) were unlocked, accounting for 0.096% of the total supply.

Data: Over 3.91 million AXS will be unlocked this week, valued at approximately $35.77 million

Introduction

– Explanation of what TokenUnlocks data is.
– Brief overview of the tokens that are about to be unlocked.

AXS Tokens Unlocked

– Date and time of the unlocking.
– The amount of AXS tokens that were unlocked.
– The percentage of total supply that was unlocked.

IMX Tokens Unlocked

– Date and time of the unlocking.
– The amount of IMX tokens that were unlocked.
– The percentage of total supply that was unlocked.

GALs Tokens Unlocked

– Date and time of the unlocking.
– The amount of GALs tokens that were unlocked.
– The percentage of total supply that was unlocked.

Why Token Unlocking Matters?

– Explanation of why token unlocking is important.
– The impact on the market.

Conclusion

– Brief summary of the article.
# Token Unlocking Trends: Latest Unlocks from TokenUnlocks
On April 17th, according to TokenUnlocks data, the following tokens were about to be unlocked this week (from April 17th to April 23rd). Among them, at 21:10:00 on April 17th, 3914250.02 AXS (approximately $35.77 million) were unlocked, accounting for 1.45% of the total supply; At 18:00:00 on April 22nd, 18075990.62 IMX (approximately $21.32 million) were unlocked, accounting for 0.904% of the total supply; At 20:10:00 on April 20th, 192307.69 GALs (approximately $400000) were unlocked, accounting for 0.096% of the total supply.

AXS Tokens Unlocked

The first token to be unlocked was the Axie Infinity Shards (AXS) token, with a total of 3914250.02 tokens being unlocked at 21:10:00 on April 17th. According to TokenUnlocks data, this accounted for approximately $35.77 million and 1.45% of the total supply. The AXS token is used in the Axie Infinity game, which is a blockchain-based game where players can breed, battle, and trade cute creatures called Axies. The unlocking of tokens is a regular occurrence in the crypto world, and it usually affects the market price of the tokens.

IMX Tokens Unlocked

The second token to be unlocked was the Impact (IMX) token, with a total of 18075990.62 tokens being unlocked at 18:00:00 on April 22nd. According to TokenUnlocks data, this accounted for approximately $21.32 million and 0.904% of the total supply. The IMX token is used on the Impact investment platform, which is a blockchain-based platform that connects investors with impactful projects. The unlocking of tokens can affect the price of the token in the same way as with the AXS token.

GALs Tokens Unlocked

The third and final token to be unlocked was the GALs (GAL) token, with a total of 192307.69 tokens being unlocked at 20:10:00 on April 20th. According to TokenUnlocks data, this accounted for approximately $400000 and 0.096% of the total supply. The GAL token is used in the Gala Games ecosystem, which is a blockchain-based gaming platform that allows players to earn cryptocurrency by playing games. Like the AXS and IMX tokens, unlocking tokens can affect the price of GAL tokens.

Why Token Unlocking Matters?

Token unlocking is an important event for cryptocurrency investors and traders, as it can impact the market price of the tokens. When tokens are unlocked, it means that they are released into circulation, which can increase the supply of coins in the market. This increased supply can lead to a decrease in the price of the token, as supply and demand play a critical role in market prices. It is important for investors and traders to keep track of token unlocking events to be able to make informed decisions about buying or selling tokens.

Conclusion

Token unlocking is a significant event that can impact the market price of cryptocurrencies. The recent unlocking of AXS, IMX, and GAL tokens is just one example of how token unlocking can affect the cryptocurrency market. Investors and traders must keep an eye on these events to make informed decisions about their investments.
# FAQs

1. What is TokenUnlocks?

TokenUnlocks is a data provider that tracks the unlocking of tokens in the cryptocurrency market.

2. How does token unlocking affect cryptocurrency prices?

When tokens are unlocked, they are released into circulation, which can increase the supply of coins in the market. This increased supply can lead to a decrease in the price of the token, as supply and demand play a critical role in market prices.

3. Should I buy or sell a token before or after the unlocking?

It is important to note that the unlocking of tokens is not the only factor that can impact the market price of cryptocurrencies. Other factors such as market sentiment, news, and events can also impact the price. Always do your research and consult with a financial advisor before making investment decisions.