📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
**🔥 Major Token Unlocks This Week – Market Impact
This week, several major crypto projects are set to unlock significant amounts of tokens, with **$PYTH** leading the pack at a staggering **$322.91M** release. Here’s a breakdown of the potential market impact:
### **1. $PYTH ($322.91M Unlock) – High Volatility Expected**
- **Why it matters:** Pyth Network’s unlock is one of the largest in recent weeks, potentially flooding the market with new supply.
- **Possible scenarios:**
- **Price Dip:** Increased selling pressure could drive $PYTH’s price down, especially if demand doesn’t match the new supply.
- **Bullish Surprise:** If staking/locking mechanisms absorb the unlocked tokens, downside may be limited.
- **Watch:** Trading volume and whale movements post-unlock.
### **2. $MOCA ($3.99M Unlock) – Moderate Impact**
- A smaller unlock, but could still cause short-term volatility if early investors or team members decide to take profits.
- **Key factor:** Check if the unlock is for private investors or team—team unlocks often see more selling.
### **3. $ALT ($8.19M Unlock) – Watch for Sell-Offs**
- AltLayer’s unlock may trigger short-term bearish momentum if released to early backers or VCs.
- **Potential play:** If the market absorbs the supply well, could signal strong holder confidence.
### **General Market Sentiment**
- **Bearish pressure likely** if multiple projects see massive sell-offs post-unlock.
- **Opportunity for traders:** Short-term swing trades around unlock times could be profitable.
**🔍 Bottom Line:**
- **$PYTH’s unlock is the biggest event**—expect high volatility.
- Smaller unlocks ($MOCA, $ALT) may have localized effects.
- **Always DYOR**—track vesting schedules and investor behavior.
📌 **Follow for more unlock insights & updates!** #Crypto # TokenUnlocks #PYTH # ALT #MOCA