Unlocking the Secrets of VENOM: Will It Bite or Bark? 🐍💰

by

Ah, dear reader, gather ’round as we delve into the curious case of VENOM, a token that has recently decided to throw a lavish party for its friends—59 million of them, to be exact! Yes, you heard that right, a veritable cornucopia of digital riches is set to flood the market, and traders are positively giddy with anticipation. From March 24 to March 31, as if summoned by some arcane ritual, several projects are preparing to unleash millions worth of tokens, promising to shake the very foundations of our beloved market.

According to the ever-astute Tokenomist, these unlocks will not merely tickle the wallets of the fortunate; they will surpass the $5 million mark, transforming mundane days into moments of sheer financial ecstasy. 🤑

Venom (VENOM)

Now, let’s speak of VENOM, which has recently decided to strut its stuff, rallying an impressive 26% in the past week. This token now lounges comfortably at the regal price of $0.1191, with a market cap that has puffed itself up to $117.8 million—up a modest 1.84%. Unlike its less fortunate cousin, ALT, VENOM’s trading volume has surged like a well-fed cat, boasting a 43.86% increase in the last 24 hours to $451.15K. 🐱

The grand unlock, set for the auspicious hour of 08:00 AM UTC on March 25, will release a staggering 59.26 million VENOM tokens into the wild, valued at around $7.05 million. This delightful release accounts for a mere 2.90% of the circulating supply, leaving a tantalizing 4.96 billion VENOM still locked away—62% of the total supply, like a treasure chest waiting for a daring adventurer. Will our brave investors seize the moment or remain paralyzed by indecision? Only time will tell.

Altlayer (ALT)

Meanwhile, in a parallel universe, we find ALT, frolicking through the fields of finance with a wild 30% surge this past week, as traders prepare for its own grand unlock on March 25 at 10:00 AM UTC. Currently, ALT can be purchased for the princely sum of $0.03961, having gained a respectable 13.05% in the last seven days. However, not all is well in the land of ALT, as its market cap has taken a slight tumble to $110.61 million, down 1.77%. Meanwhile, trading volume has plummeted like a lead balloon, dropping 15.90% to $18.98 million in the last 24 hours. 🎈

The upcoming unlock will unleash 240.10 million ALT tokens worth a staggering $9.51 million into the world, making up 8.60% of the circulating supply. With a whopping 7.21 billion ALT still locked—72.09% of its total supply—the question remains: will traders cash out and dance in the streets, or will they hold firm like stoic statues in a park?

But fear not! It’s not just ALT and VENOM causing ripples in this vast ocean of tokens. Other illustrious characters such as SOL, WLD, TIA, DOGE, AVAX, and a host of others have also recently experienced their own grand unlocks. Some tokens have basked in the glow of newfound riches, while others have faced the grim specter of heavy sell-offs, adding a delightful layer of uncertainty to our market tapestry. 🎭

Read More

2025-03-24 12:14