Token unlock events are shaping September’s crypto narrative. VeloraDEX has announced a three phase reward plan tied to its upcoming TGE while several major projects including Onyxcoin Starknet Banana Gun and Hatom are preparing significant token releases. These unlocks could impact liquidity price action and market sentiment in the coming weeks.
Velora TGE Unlock Plan
VeloraDEX confirmed that its Snaps rewards will be split into three equal phases of 93333 dollars each. Phase 1 runs until the Token Generation Event with 25 percent unlocked instantly and the rest vested over one month. Phase 2 begins one month after TGE with another 93333 dollars in rewards distributed on a similar vesting schedule. Phase 3 starts two months after TGE unlocking the final share under one month vesting. Both Snappers and $COOKIE stakers will receive rewards following this schedule.
Why Token Unlocks Matter
A token unlock refers to the release of tokens that were previously locked during a vesting period. These schedules are designed to stabilize projects but they can also impact price once tokens enter circulation. Depending on project size unlocks can either build confidence through transparency or increase selling pressure in the market.
Upcoming Token Unlocks to Watch
The token unlock calendar shows several big projects preparing releases within hours.
- Connex CONX will unlock 2.3 million tokens worth about 35 million dollars
- Onyxcoin XCN has a 300 million token unlock valued at 3.44 million dollars representing 0.85 percent of its supply
- Starknet STRK will unlock 130 million tokens worth 16.7 million dollars around 3.1 percent of its supply
- Banana Gun BANANA will release 500000 tokens valued at 11.37 million dollars equal to 12.45 percent of supply
- Hatom HTM is set for a smaller unlock of 330000 tokens worth 27000 dollars
These events are scheduled within the next 24 hours with exact countdowns running on token unlock dashboards.
Market Impact of Token Unlocks
Large unlocks often affect market liquidity. For example Onyxcoin 300 million release could create short term selling pressure unless offset by strong demand. Starknet 130 million unlock may also shift trading activity as it represents a notable share of circulating supply. Projects like Banana Gun with a 12 percent unlock are especially watched since sudden supply expansions can spark volatility. Traders track these events to anticipate price moves and adjust strategies accordingly.
Tools for Tracking Token Unlocks
Platforms like Token Unlocks and dashboards on X provide real time updates on upcoming releases. Traders can build watchlists and set alerts for their favorite tokens. This helps identify liquidity shifts before they hit the market and offers insights into long term project strategies.
Investor Reactions to Token Unlocks
Many investors view token unlocks as both opportunities and risks. Some prepare to buy tokens at lower prices if selling pressure increases while others use the events to gauge long term confidence in a project. Market psychology plays a big role as the expectation of unlocks often moves prices before the actual release.
Long Term View on Token Unlocks
While short term volatility is common during token unlocks the long term impact depends on project fundamentals. Strong teams and active ecosystems often recover quickly after unlocks as new supply gets absorbed by growing demand. Weak projects on the other hand may struggle if unlocks flood the market without strong utility or adoption.Unlock schedules often shape short term market movements but their real effect depends on how projects manage supply and demand.
Final Note
Token unlock events continue to shape crypto price action. From Velora phased TGE rollout to major releases by XCN STRK BANANA and HTM September is packed with milestones. For traders who follow token unlock calendars these events provide both risks and opportunities in a fast moving market.
