Altcoin Supply Shock Builds as $1.839B Token Unlock Wave Nears Markets

Altcoin markets face a heavy unlock schedule from June 1 to July 1. Tokenomist data shared by WuBlockchain shows more than $1.839 billion in planned releases. The schedule includes cliff and linear events led by $RAIN, H, and $SOL.

The data divides the schedule into two categories. Cliff unlocks release tokens at once, while linear unlocks spread supply gradually over the period.

Source: X

$RAIN Leads June Linear Token Unlock Wave

Linear unlocks account for the largest value in the list. $RAIN leads with 55.41 billion tokens worth $791.08 million, equal to 8.90% of its circulating supply. $SOL follows with 1.96 million tokens valued at $160.18 million, or 0.34% of circulating supply.

CC is also one of the largest linear events. Tokenomist shows 821.60 million ($126.95 million) CC tokens. WLD is planning a release of 15.94 million tokens worth $62.26 million, or equivalent to 4.75% of the supply currently in circulation.

TRUMP has a total of 27,120,000 tokens locked to unlock. This volume equals $53.70 million which is 11.42% of circulating supply. Next is ASTER with 44.08M tokens valued at $31.53 million

Other listed linear unlocks include TAO, AVAX, ZEC, MORPHO, STBL, NEAR, VVV, DOT, and FIL. STBL stands out by supply share, with 417.89 million tokens worth $13.47 million. That equals 83.58% of its circulating supply.

Cliff Events Add June Supply Pressure

Cliff unlocks add another major supply event for traders to watch. H has the largest cliff unlock by value, with 266.47 million tokens worth $164.46 million. The amount equals 9.41% of adjusted released supply.

HYPE is also on the cliff list, with 534,000 tokens worth $39.04 million. HOME will unlock 926.59 million tokens valued at $42.20 million, while $SAHARA has 1.03 billion tokens worth $34.69 million scheduled.

$SAHARA’s unlock equals 30.10% of its adjusted released supply. SPK also shows a large percentage, with 1.04 billion tokens worth $24.56 million, equal to 32.13%. MEGA is listed at 270.49 million tokens worth $16.86 million, or 36.23%.

WET shows the highest listed cliff percentage. Its scheduled unlock covers 256.67 million tokens worth $17.60 million, equal to 111.59% of adjusted released supply. ENA, CONX, ME, SUI, and APT are also included in the cliff schedule.