Warning Issued: Sell These 3 Cryptos Before Volatility Strikes!

Carmen Brooke Martin
By Carmen Brooke Martin Add a Comment
3 Min Read

The crypto market is showing early signs of recovery after a major liquidation event. However, an upcoming token unlock event could introduce fresh turbulence for certain assets. According to crypto analyst Pooja Khardia, three cryptocurrencies are at risk of increased selling pressure this week, making them prime candidates for short-term liquidation.

Warning Issued: Sell These 3 Cryptos Before Volatility Strikes! = The Bit Journal

Top 3 Cryptos to Sell Now and Why

According to the Tokenomist report, $150 billion worth of tokens will be unlocked in 2025, with $378.22 million set to be released in the next seven days alone. Such large token unlocks increase circulating supply, adding selling pressure and triggering volatility in the crypto market. Investors should analyze and consider selling CHEEL, APT, and ZKJ before price swings intensify.

Cheelee (CHEEL)

CHEEL is facing the largest cliff unlock of the week, valued at $164.21 million. The token has already experienced high volatility and frequent consolidation phases. With additional supply entering the market, selling pressure is likely to escalate, leading to potential price declines. While short-term traders may consider selling, long-term investors should conduct further research on its broader trajectory.

Aptos (APT)

The popular altcoin Aptos (APT) will experience a $68.42 million token unlock in the coming days, representing 2% of its circulating supply. This significant release could lead to increased sell-offs, causing a downward trend in APT’s short-term price movement. Investors might choose to sell at current levels and repurchase once the price stabilizes.

Advertisement Banner

Polyhedra Network (ZKJ)

Among the three, ZKJ presents the most concerning scenario, as 29.8% of its supply is set to hit the market. Such a substantial increase in available tokens could trigger a steep price drop. Additionally, panic selling among token holders could amplify losses, making ZKJ particularly risky in the short term.

Warning Issued: Sell These 3 Cryptos Before Volatility Strikes! = The Bit Journal

What Should Token Holders Do Next?

Token unlock events are a common occurrence in the crypto industry, allowing early investors to release previously locked assets into circulation. However, these events often lead to heightened volatility and short-term instability, favoring sellers over holders. With $378.22 million in unlocked tokens set to enter the market this week for CHEEL, APT, and ZKJ, strategic investors may choose to sell before major price swings occur.

For the latest insights on market trends and risk management, follow The Bit Journal.

Follow us on Twitter and LinkedIn and join our Telegram channel to get instant updates on breaking news!

Disclaimer

The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.

You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.

Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.

Share This Article
Financial Writer Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry.What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content.As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.
Leave a Comment