Crypto Market Set for $118M Token Unlocks Between May 11 and 17

Nine major cryptocurrency unlocks are scheduled to take place between May 11 and May 17, resulting in the release of over $118 million in tokens into active circulation.

The largest single unlock in dollar terms is expected on May 14 when Pieverse releases 39.74 million PIEVERSE tokens worth $32.43 million. This represents a significant increase in supply and may impact market dynamics.

Other notable unlocks include the release of Aptos (APT) tokens on May 12, Pump.fun (PUMP) tokens on May 14, and STBL tokens on May 16, which are expected to represent 4.17% of the total supply.

Crypto traders watching these tokens will need to closely monitor the market's reaction to these unlocks, as they can have a significant impact on price action in the days following each release.