---
title: "Crypto token unlocks could lead to market correction"
url: https://diffcoin.com/crypto-token-unlocks-could-lead-to-market-correction/
description: "The current bull cycle of the crypto market may be shorter than previous ones and is unlikely to end with a big altcoin rally."
published: 2024-05-08
updated: 2024-05-08
author: "Mila"
site: "Diffcoin"
---

# Crypto token unlocks could lead to market correction

The current bull cycle of the crypto market may be shorter than previous ones and is unlikely to end with a big altcoin rally.

As 10x Research analysts reported, venture crypto funds, which will concentrate a significant share of coins in the future, maybe to blame.

> Beware of Token Unlocks. Will Venture Capital Funds cut this Altcoin cycle short?
> 
> 👇1-12) The current cryptocurrency bull market cycle might be shorter than previous ones and unlikely to culminate in a broad altcoin rally. Are the crypto venture capital funds to blame?
> 
> 👇2-12)… [pic.twitter.com/nICNYmtDyK](https://t.co/nICNYmtDyK)
> 
> — 10x Research (@10x_Research) [May 8, 2024](https://twitter.com/10x_Research/status/1788148691716735280?ref_src=twsrc%5Etfw)

> “Despite the high daily trading volumes of over $100 billion and the rapid development and updates in crypto projects, significant constraints exist on the industry’s growth potential.”
> 
> 10x Research analysts

According to analysts, large volumes of nearly $2 billion in token unlocks over the next 10 weeks could negatively impact altcoins.

TokenUnlocks data shows that the largest upcoming unlock will occur on May 15 from layer 2 crypto derivatives platform Aevo. The developers will release 828.93 million AEVO, equaling roughly $1.17 billion. Of the total supply of 1 billion coins, 18.5% will be sent to private investors.

A smaller unlock of $39.78 million in WLD tokens from Sam Altman’s Worldcoin project is scheduled for July 24. This will be 0.05% of the total supply of tokens or 2.4% of the current number of coins in circulation.

On May 12, Aptos will unlock 11.31 million APT, valued at $101.67 million, approximately 2.6% of the circulating supply.

In April, experts at 10x Research warned that the market was reaching a critical inflection point that could result in a major correction. The company called “unexpected and persistent” inflation the main trigger.

With fewer than three cuts forecast in the bond market and the 10-year Treasury yield above 4.5%, risk assets will likely see a price reset.

[Source link](https://crypto.news/10x-research-crypto-token-unlocks-could-lead-to-market-correction/)