Why These Crypto Coins May Crash Ahead? $JTO, $TIA, $ONDO

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As an analyst with over a decade of experience in the crypto market, I’ve seen my fair share of token unlock events and their impact on the overall market dynamics. The upcoming unlocks for tokens like $JTO, $TIA, $ONDO, $ZETA, $PORTAL, $STG, and $WLD are certainly concerning, especially given the current market conditions.

In the approaching months, significant releases of tokens are planned, which might lead to instability in the altcoin market. These releases will increase the supply significantly, leading many investors to prepare for potential price drops this month.

Historically, when there’s a significant rise in supply without a corresponding increase in demand, markets tend to become unstable or volatile. The upcoming releases (unlocks) for major cryptocurrencies such as Juno Token ($JTO), Titanium ($TIA), and Ondo ($ONDO) could potentially have this effect, causing worry about possible price drops and market turbulence.

Crypto Tokens to Watch Out

For example, TIA plans to release 175 million tokens into circulation, which represents a significant jump of approximately 390%. However, according to Cryptorank data, this release is taking place at a time when the coin has already plummeted by about 79.8% from its all-time high. This upcoming release could potentially lead to further decreases in the coin’s price due to increased supply and potential market saturation.

Over the next six months, there’s a significant boost in supply for JTO, amounting to a 166% increase. A massive release of approximately 135.72 million tokens is scheduled for December 7. This expansion primarily benefits core contributors and investors, which could potentially lead to increased selling activity.

The ONDO team plans to unveil approximately $1.14 billion in tokens by January 18, thereby boosting the total token supply by a considerable 134%. Most of these tokens will be allocated for enhancing the ecosystem, while a portion is earmarked for investors.

By September, ZETA is set to release a total of 53.89 million tokens. This release will bring the overall token supply up to approximately 357.94 million by March 2025. However, some investors are voicing concerns about maintaining long-term price stability due to this continuous increase in the token supply.

Over the following six months, there’s an anticipated 115% boost in the total supply of $PORTAL tokens. Approximately 25.61 million tokens are set to be released on September 29, which will then be distributed among both private and public investors.

Over the next six months, STG plans to expand its supply by approximately 42%. This growth will be distributed incrementally among team members and early investors. Such a gradual disbursement might lead to slight variations in the market price.

Initially planned to release its assets over a four-year period, $WLD has now decided to stretch out this unlock process across five years instead. The initial phase of this unlock began on July 24, 2024, with an anticipated 37.5% increase in the circulating supply within the next 30 days. This surge will mainly benefit community members and investors.

Potential Market Crash Risk

Over the next six months, a high number of token releases might lead to considerable price decreases. When more tokens become available than are demanded, prices typically decrease, especially if investors quickly sell their newly accessible tokens. Historically, massive releases have resulted in downward trends for altcoin prices, and with numerous token releases scheduled for early September, they could potentially impact market conditions.

As a researcher, I’ve observed that significant token unlocks typically lead to substantial price swings and heightened market turbulence. For instance, following the 2.12 million coin unlock in May, the price of $dYdX plummeted by 61%. Similarly, the value of $PYTH decreased by 55%, and that of $AVAX dipped by a staggering 66%.

Come December, approximately $750 million in coins are set to become accessible. With investors looking to retrieve their initial investments, there might be an increase in selling activity. This could potentially cause substantial volatility within the altcoin market.

Utilizing instruments such as the Altcoin Season Index can aid in monitoring market fluctuations, empowering investors to make well-considered choices. Furthermore, being aware of when and how these events unfold is crucial for maneuvering through turbulent times.

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2024-09-11 08:15