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Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
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https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
 CHEEL is facing its largest weekly unlock of 164.21 million dollars. This token has experienced high volatility and frequent consolidation phases. With additional supply coming into the market, selling pressure may escalate, leading to a potential price decrease. While short-term traders may consider selling, long-term investors should further research its broader trajectory. Aptos (APT) Popular Altcoin Aptos (APT) will undergo a token unlock worth $68.42 million in the coming days, accounting for 2% of the circulating supply. This significant release may lead to increased selling pressure, causing a downward trend in the short-term price volatility of APT. Investors may choose to sell at the current level and buy back when the price stabilizes. Polyhedra Network (ZKJ) Among the three types, ZKJ presents the most concerning scenario, as 29.8% of its supply will be released into the market. Such a significant increase in the available tokens could cause a sharp price decline. Additionally, panic selling among token holders may amplify the losses, making ZKJ particularly risky in the short term.
What should token holders do next? The token unlocking event is a common occurrence in the cryptocurrency industry, allowing early investors to release previously locked assets into circulation. However, these events often lead to increased volatility and short-term instability, benefiting sellers more than holders. With 378.22 million unlocked tokens set to enter the market this week for CHEEL, APT, and ZKJ, strategic investors may choose to sell before significant price fluctuations occur.