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Markets Brace for $167 Million in Token Unlocks This Week, Including ApeCoin, 1inch, Oasis Network, ImmutableX, and BitDAO

Five altcoin projects, including Oasis and Yuga Labs, are set to release $167 million worth of locked tokens into their respective token supplies this week. This could potentially lead to major selloffs in the market. ApeCoin, Oasis Network, and ImmutableX are expected to see more pronounced price movements due to their larger token releases.

Token unlocks are released according to vesting schedules and can tightly control an asset's supply and demand to ensure price stability. Investors should brace themselves for a potentially rocky ride in the markets this week.

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