Altcoin Market Braces for Over $100M in Token Unlocks As Prices Reflect Mixed Sentiment

The rise of the altcoin market is about to change significantly as the most significant projects, such as Plume, SOON, and Avail, are about to unlock the enormous amount of tokens.

Plume is experiencing a significant setback as its price and level of trading have reduced. It is already known that only 20% of its supply is in circulation.

SOON does not fluctuate massively in price, yet its trading volume has decreased by an alarming 29%, which can be considered a warning of slowed currency.

Avail shows a trading surge in volume of over 26 percent with a fall in price, pointing to speculative trading activity before its unlocked token. As a result of varying performances of these altcoins, investors are on the edge of their seats with regard to gauging circulating supply as well as liquidity figures on the potential of additional bursts of volatility. This week, the altcoin market is facing more than 100 million dollars of token unlocks, and some key projects, such as Plume (PLUME), SOON, and Avail (AVAIL), will see their supply rise.

Plume Faces Price Decline Amidst Ongoing Market Correction

Plume (PLUME) is currently priced at $0.1198, reflecting a 4% drop in the past 24 hours. Alongside the price dip, the project experienced a 19.48% decrease in trading volume, which now sits at $44.79 million. This decline suggests a short-term pullback in investor participation as market conditions evolve. Despite the recent correction, PLUME maintains a solid market capitalization of $239.62 million. The fully diluted valuation (FDV) remains high at $1.19 billion, reflecting long-term investor interest.

The token’s supply dynamics are noteworthy. With 10 billion tokens as the total and maximum supply, only 2 billion are currently in circulation. This represents just 20% of the total supply, suggesting more tokens could enter the market in the future. The volume-to-market cap ratio of 18.77% highlights ongoing activity, but the candlestick pattern from the last 24 hours shows a volatile market with a bearish lean.

SOON Holds Steady Despite Large Circulating Supply Gap

SOON, trading at 0.1452, had a minimal decrease of 0.2 percent in the recent 24 hours. Nonetheless, the trading volume of the token decreased by 29.28% to reach 10.31 million dollars. This high decrease in trade activity compared to relatively stable prices indicates that fewer trade transactions are affecting the fluctuations in price. The market cap of SOON is $29.07 million, whereas the FDV of SOON stands at $145.2 million.

It has a total supply of slightly above 1 billion tokens, of which 200.25 million are currently in circulation. It has no strict supply limit, and such an aspect may cause inflation fears should the number of these tokens be increased without a clear limit. The volume-to-market cap of 35.5 percent shows that it measures a colossal degree of liquidity relating to its size. Also, the market cap-to-TVL (total value locked) ratio of 3.11 indicates that the valuation of the token can be relatively low in comparison with its value in the form of locked assets

Avail Sees Increased Activity Despite Downward Price Trend

The stock price of Avail (AVAIL) is traded at 0.01950, with a 2.75 percent decrease in the price observed over the last 24 hours. On the contrary, compared with the price action, its 24-hour trading volume increased by 26.63% and amounted to 9.56 million dollars. Such an increase in volume and drop in prices may be a sign of more volatility or profit-taking before an anticipated token release. The current market cap of this project is 49.67 million dollars, whereas its FDV is located at 205.15 million dollars.

The circulating supply of Avail is 2.54 billion tokens, and the total supply is 10.51 billion. There is no maximum supply revealed, which can create fear among investors in terms of inflation of tokens in the future. The ratio of volume to the market cap is not dangerous, at 18.92%, which is already a good sign of sufficient liquidity. There is a minor trend expressed in the candlestick chart, which is downward with occasional upward moves.

Token Unlocks Pose Key Test for Altcoin Sentiment

With more than $100 million of altcoin unlocks due this week, it is possible to examine investor behavior with large coins such as Plume, SOON, and Avail. Each token's set of prices, change in volume, and supply arrangement are unique. Some projects are currently experiencing price drops due to the low liquidity witnessed, whereas other projects have been enjoying more activity even in a bearish run.

We could see high volatility in the next few days or weeks as the unlocked tokens are brought to the market. Traders and investors are likely to consider indicators such as circulating supply increase, FDV change, and liquidity ratios closely. These indicators will also be useful in identifying the ability of each altcoin to hold a stable price under changing market circumstances.