University of Michigan Current Conditions Index Preliminary Value for June

#Can BTC Stand Above $80K? Locks are Opening, Prepare Your Wallet! The Prices of These 3 Altcoins Will Crash! Token unlocks in the crypto market often come quietly but have significant effects. They can lead to increased liquidity, price fluctuations, and changes in investor psychology. In the second week of April, three major altcoin projects are unlocking their tokens. So which tokens are being unlocked and how many millions of dollars worth of assets will be released? Here are the details… The First Altcoin on the List "Axie Infinity (AXS)": A 10 Million Dollar Staking Wave is Coming Axie Infinity will release 10.72 million AXS tokens on April 12, which corresponds to 3.97% of its total supply. This amount is approximately equivalent to 29 million dollars. A large portion of the distribution is allocated to staking rewards and team incentives. In the past, such unlockings had caused temporary pressures on the Axie price. However, this time investors may approach the unlocking positively by focusing on the returns from staking. Still, it is likely that the price will exhibit short-term volatility. 2. Jito (JTO): The Solana Ecosystem is Closely Monitoring This Development Jito Labs is unlocking 11.3 million JTO tokens on April 7th. This amount represents 3.4% of the total supply and is valued at approximately 14 million dollars. The majority of the tokens have been allocated for ecosystem growth and community development budget. This Solana-based project had rapidly risen in recent weeks. Now, all eyes are on whether the price can maintain its support levels with this opening. Market participants must be cautious. The 3rd Altcoin on the list "Xave (XAV)": 313 Million Tokens are Free, Investors are Concerned Xave will witness a major unlocking event on April 11th. A total of 313.29 million XAV tokens, which is 13.5% of the total supply, will be released into the market. The majority of the distribution will be shared among the team, investors, and the treasury. Such a large expansion can create serious pressure on the price. Especially existing investors should be cautious of the potential risk of a dump. On the XAV side, short-term selling pressure may be inevitable. Therefore, investors need to focus not only on price movements but also on the long-term potential of the projects. Key breakout periods often create uncertainty. However, with the right strategy, these processes can turn into opportunities. Keep your eyes on the market and your hands ready!

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