January 2024 saw the cryptocurrency market marked by significant token unlocks, injecting over $600 million worth of liquidity. Aptos (APT) is set to unlock the largest volume by releasing 24.84 million APT tokens, representing 8.08% of the circulating supply, or approximately $234.76 million. Injective (INJ) is getting closer to unlocking its final token, releasing 3.67 million INJ tokens worth $136.73 million. This includes assignments to advisors and teams. Optimism (OP), on the other hand, plans to unlock 24.16 million OP tokens worth $87.7 million allocated to its team and investors. Additionally, 333,330 tokens will be unlocked linearly each day over the next 90 days.
The coins mentioned above are all growing at the time of this writing, and many others are likely to grow significantly over time, but the question remains as to how attractive these altcoins will be in 2024. Should I hold on to this coin or sell it? ? This is the question we will try and answer in this article.
ScapesMania: A rookie in the cryptocurrency industry
Current market conditions make ScapesMania an attractive opportunity for early adopters. This groundbreaking project $3,680,000 Continuously secured only in the crowd/retail sector $65,000-$117,000 We are funding every day.
Key Features of ScapesMania
ScapesMania is not your typical crypto asset. It is a vibrant gaming ecosystem that caters to the interests of both casual players and cryptocurrency-savvy audiences. As a gamer, you don’t need to deal with the complexities of cryptocurrency to enjoy fascinating gameplay. On the other hand, token holders are rewarded for ecosystem performance and can shape the future of the ecosystem without having to play.
Pre-sale Opportunity
Plus, joining ScapesMania unlocks a treasure trove of treasures. Up to 107%Exclusive opportunities such as token buyback, burning, and staking are also provided.
with today 50% discount, ScapesMania tokens are a steal. As each subsequent sales stage unfolds, prices rise to $0.01 per token As pre-sale ends. Now might be the perfect time to join the ranks of ScapesMania holders.
Secure higher profits with a hefty 10% bonus at ScapesMania! use code LEE560 At checkout in a special text box for even better deals on cryptocurrencies that will make you the envy of the entire cryptocurrency community. Act quickly. This offer is valid for a limited time only.
Aptos (APT): Exploring future orbits
Aptos (APT) has shown a remarkable recovery following a severe market downturn, with the price rebounding from a strong support level of $8.5.
The price of Aptos (APT) experienced a strong rebound, with aggressive buying pushing the price above the resistance level and reaching the $10 level. The token currently trades for around $10, a significant surge from its previous exchange rate. However, a correction near $11 is likely as the Relative Strength Index (RSI) is trading near overbought territory.
Going forward, if the bulls maintain the current rally and keep the price within the resistance area of $11-$14, Aptos (APT) price is expected to surge to $20.
Osmosis (OSMO): Capitalizing on the growth of cosmos
Osmosis (OSMO), a Cosmos-based decentralized exchange (DEX), has achieved a significant milestone with monthly trading volume of $1.121 billion. This surge in activity is partly due to the interoperability of DEXs within the Cosmos platform, which allows for a variety of participation and reward mechanisms. Osmosis (OSMO) allows users to create and manage liquidity pools, providing flexibility and control over their trading strategies.
Native token Osmosis (OSMO) has experienced significant growth, trading at around $1.7, up 130% over the past 30 days. The future of Osmosis (OSMO) looks promising with growing volumes and user base.
Celestia (TIA): Airdrop appeal and market momentum
Celestia (TIA) is gaining attention in the market, driven by expectations of a potential airdrop and positive performance during the bull market. The token has had a significant rise since its launch in October, registering a rise of over 500%. This bullish momentum is due to increased investor interest and opportunity availability.
Celestia (TIA) price is around $16 and continues to hit all-time highs, but its future trajectory will depend on the realization of expected airdrops and the platform’s ability to maintain investor interest.
Injectable (INJ): Prospects in a Competitive DeFi Environment
Injective (INJ) is a blockchain platform that supports various financial functions such as exchanges and multi-chain swaps. Prices fluctuated, reflecting the natural volatility of the cryptocurrency market. After a period of struggle, the coin fell to $1.16 in July 2022. However, according to forecasts, Injective (INJ) is likely to break the $34 resistance by 2024 and be trading around $48.68 by the end of 2025.
Optimism (OP): Riding the wave of layer 2 scaling solutions
Optimism (OP) is a Layer 2 scaling solution that has seen significant growth recently. The platform uses optimistic rollups to confirm transactions and provides a more efficient and cost-effective way to process Ethereum transactions.
Optimism (OP) has experienced significant volatility since its launch, hitting an all-time low in June 2022 and a high above $3 in February 2023. Recent developments, such as the announcement that Worldcoin will be based on the platform, have increased interest in Optimism (OP). Price predictions for Optimism (OP) are generally positive, with the stock expected to reach $4.57 within two years.
conclusion
The cryptocurrency market in January 2024 is a dynamic and evolving environment characterized by significant token unlocks and the potential for high volatility. With over $600 million in liquidity released, market dynamics are being reshaped. Against this background, ScapesMania shows great potential and looks like the most promising token in this text.