While the cryptocurrency market remains bullish on a potential upswing, it is crucial for investors to exercise caution with specific altcoins that are set to undergo substantial increases in their token supplies in the upcoming months.
Here is a breakdown of the altcoins with anticipated supply increases:
JTO: Expect a 166% increase in token supply over the next six months, with a significant token unlock scheduled for December 7, primarily benefiting investors and key stakeholders.
TIA: Token supply is set to expand by 145% in the next six months, with a major unlock on October 31 leading to an 80% increase in the circulating supply.
ONDO: Investors should anticipate a 134% growth in token supply over the next six months, with a major unlock on January 18 primarily impacting the ecosystem and select investors.
ZETA: Anticipate an 82% increase in token supply, driven by monthly token unlocks where contributors will receive 32% of the circulating supply.
PORTAL: Expect a 115% increase in supply over the next six months, attributed to linear unlocks for private and public sale investors.
STG: Projections indicate a 42% increase in token supply over the next six months, with linear unlocks benefiting the team and investors.
WLD: Immediate changes include a 37.5% increase in token supply over the next 30 days, stemming from linear unlocks for the community and investors.
*Please note that this information is provided for educational purposes only and should not be considered as investment advice. It is crucial for investors to conduct their own research and due diligence before making any financial decisions in the crypto space.