Pay Attention to 5 Altcoins This Week: Here is the Unlock List!
Tags: cryptocurrency, blockchain, news
Published: 2023-11-16 12:22:39

Bitcoin leads the choice of investors in the cryptocurrency market, with the total cryptocurrency market capitalization increasing by over $100 billion compared to the previous week. It can be observed that, following the crypto giant, altcoins are also showing growth, especially assets like Solana, Avalanche, and Chainlink. In this article, I would like to explore what asset unlocking represents and how it affects the value of assets using five different examples.

## What is asset unlocking?

Token unlocking refers to the release of a specific quantity of assets that were previously locked or restricted from trading on the cryptocurrency market. Token unlocking typically has a significant impact on market liquidity, trading volume, overall market dynamics, and price volatility.

## How does token unlocking influence prices?

Token unlocking signifies the release of a specific quantity of assets that were previously locked or restricted from trading on the cryptocurrency market. Token unlocking typically influences market liquidity, trading volume, overall market dynamics, and price volatility.
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I'd like to introduce you to five interesting assets that have been unlocked or will be unlocked in November._

## 1. Games for a Living (GFAL)
Market Value: $51.59 million
Amount of Tokens Unlocked: $8.11 million (15.72% of Market Cap)
Date: 13 November 2023, 03:00


![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/8zihjy0tzuvsstbffcpv.png)
Source: [WhitePeper](https://medium.com/r?url=https%3A%2F%2Fwhitepaper.gamesforaliving.com%2Finformation-on-the-issuance-of-usdgfal%2Ftoken-distribution)

## About GFAL
$GFAL is the native currency and utility token for all games on the company's platform. The token is designed for use as a binding asset in all kinds of operations within the ecosystem.
Users require $GFAL for converting in-game assets into NFTs, acquiring exclusive assets, and trading them. The VIP system also provides active users with discounted $GFAL transactions, priority access, and management rights. Additionally, developers can gain access to the developer portal, game analytics, and live events by holding the asset. The token's utility continues to expand as the ecosystem grows, and new games are released.

## Price prediction (GFAL) in 2024 
Currently, the asset is trading at $0.03705, with a 24-hour trading volume of $1,289,790. With a circulation of 1.6 billion GFAL, the market capitalization of Games for a Living is estimated at $58,737,844.
According to analysts from [CoinMarketCap](https://medium.com/r/?url=https%3A%2F%2Fcoinmarketcap.com%2Fcommunity%2Farticles%2F6530ceef8a4dec38c1272b39%2F), we can expect the asset's value to continue rising, potentially reaching $0.02742 and beyond in 2024. This assessment is based on the understanding that the demand for digital currencies will continue to grow as traditional financial systems face challenges and limitations. Additionally, due to technological advancements and increasing recognition of cryptocurrencies by institutions and governments, the value of Games for a Living Coin may see significant growth.

## Latest project news:
- All [you need to know](https://medium.com/r/?url=https%3A%2F%2Fgfal.medium.com%2Fgfal-igo-starts-9th-of-march-do-not-miss-out-11c4524edf14) about GFAL.
- [What Does a Risk Analysis Say About Games for a Living](https://medium.com/r/?url=https%3A%2F%2Fwww.investorsobserver.com%2Fnews%2Fcrypto-update%2Fwhat-does-a-risk-analysis-say-about-games-for-a-living-gfal-monday) (GFAL)
- [EA Founder Joins NFT Web3 Startup 'Games for a Living'](https://medium.com/r/?url=https%3A%2F%2Fnftplazas.com%2Fgames-for-a-living%2F)

## 2. Nakamoto Games (NAKA)
Market Value: $85.84 million
Amount of Tokens Unlocked: $2.20 million (2.56% of Market Cap)
Date: 15 November 2023, 03:00


![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/qbh7bijp4vh5455huobn.png)
Source: [cryptorank.io](https://medium.com/r/?url=https%3A%2F%2Fcryptorank.io%2Fprice%2Fnakamoto-games%2Fvesting)

## About NAKA
$NAKA is the native asset of the gaming platform Nakamoto Games. Nakamoto Games is designed for money-making, providing significant earning opportunities for all participants in the gaming ecosystem.
The team aims to attract both gamers and game developers. Developers will also receive tools to launch and monetize their own game creations on the platform. The platform creates an entire ecosystem for games designed for earning money. Additionally, participants will always have a variety of choices, as besides their own releases, third-party developers are encouraged to connect their games through our SDK, increasing the number of games available on our platform.

## Price prediction for NAKA in 2024
The current price of Nakamoto Games (NAKA) is $1.30 USD, with a 24-hour trading volume of $13,277,303.66 USD. With 65 million NAKA tokens in circulation, Nakamoto Games' market capitalization is estimated at $84,671,329 USD.
According to [WalletInvestor](https://medium.com/r/?url=https%3A%2F%2Fwalletinvestor.com%2Fforecast%2Fnakamoto-games-prediction), investors can expect NAKA prices to rise to $3.303 in 2024, which makes Nakamoto Games an attractive investment option. TradingBeast, on the other hand, predicts a price increase to $1.726527, and PricePrediction.net agrees with a forecast of growth to $1.968049.

## Latest project news:

- [Nakamoto Games Integrates with Telegram to Launch a Revolutionary Super App](https://medium.com/r/?url=https%3A%2F%2Fwww.streetinsider.com%2FGlobe%2BNewswire%2FNakamoto%2BGames%2BIntegrates%2Bwith%2BTelegram%2Bto%2BLaunch%2Ba%2BRevolutionary%2BSuper%2BApp%2F22377190.html)
- [Blockchain Games Nakamoto Games Launches "Spooky Run 2.0 Tournament"](https://medium.com/r/?url=https%3A%2F%2Fegamers.io%2Fnakamoto-games-launches-spooky-run-2-0-tournament%2F)
- [Web3's Triple Threat: Thriving Relationship Between Entertainment, Gaming, and Finance](https://medium.com/r/?url=https%3A%2F%2Fbeincrypto.com%2Fweb3-threat-relationship-between-entertainment-gaming-finance%2F)

## 3. WhiteBIT Coin (WBT)
Market Capitalization: $792.65 million
Unlocked Token Amount: $173.71 million (21.92% of market capitalization)
Date: November 13, 2023, 20:00 (8:00 PM)

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/0rmcqy2yd8av6y4gkqxx.png)
Source: [Coingecko](https://medium.com/r/?url=https%3A%2F%2Fwww.coingecko.com%2Fen%2Fcoins%2Fwhitebit%2Ftokenomics)

## About WBT
WBT is the native asset of the one of the largest European cryptocurrency exchanges WhiteBIT, and it is also a product within the platform's ecosystem, integrated into all of its services to facilitate user interactions on the platform.
Key advantages of WBT include:

- Increased referral commission rates (up to 50%)
- Reduced trading fees
- Free daily withdrawals of ERC-20/ETH
- Free daily AML checks

Integration with current and future WhiteBIT products, among other benefits.
Trading competitions, giveaways, bounties, attractive holding programs, and access to the token on other exchange platforms are all part of the cryptocurrency WBT's activities available on WhiteBIT.

## Price prediction (WBT) in 2024
The current price of WhiteBIT Coin is $5.36 USD, with a 24-hour trading volume of $6,649,800 USD. According to analysts from ambcrypto.com, the price of WhiteBIT Coin in 2024 could range from $6.19 to $9.28 USD, with an average price of approximately $7.73 USD.
Latest project news:

- [Launched VIP program ](https://medium.com/r/?url=https%3A%2F%2Fwhitebit.com%2Fvip-program)for users by trading.
- New [Digital Gift Cards](https://medium.com/r/?url=https%3A%2F%2Fwhitebit.com%2Fgift-cards%2Fall%3Futm_campaign%3Dgift_card%26utm_content%3Den%26utm_medium%3Dsocial%26utm_source%3Dtwitter) for food delivery services.
- Activity ["Let's Celebrate the 5th Anniversary of WhiteBIT Together!"](https://medium.com/r/?url=https%3A%2F%2Ftwitter.com%2FWhiteBit%2Fstatus%2F1724018549457318288%3Fs%3D20).

## 4.Uniswap (UNI)
Market Value: $3.17 billion
Amount of Tokens Unlocked: $44.67 million (1.42% of Market Cap)
Date: 16 November 2023, 07:00


![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/xyqa5ri4zgdfptzpccxy.png)
Source: [Coingecko](https://medium.com/r/?url=https%3A%2F%2Fwww.coingecko.com%2Fen%2Fcoins%2Funiswap%2Ftokenomics)

## About UNISWAP
Uniswap is a decentralized trading platform created by Ethereum developer Hayden Adams. During the development of Uniswap, Adams worked on various projects, and his work was directly informed by Ethereum's creator, Vitalik Buterin. Buterin even gave the protocol its initial name, originally calling it "Unipeg."
Uniswap is a decentralized trading protocol known for its role in facilitating automated token trading within the decentralized finance (DeFi) space, and UNI is the native asset of Uniswap.
Uniswap aims to make token trading automated and fully accessible to anyone who holds tokens, while simultaneously improving trading efficiency compared to traditional exchanges. Uniswap enhances efficiency by addressing liquidity issues through automated solutions, avoiding the problems that plagued early decentralized exchanges.

## Price prediction for UNI in 2024
The current price of Uniswap (UNI) is $5.25, with a 24-hour trading volume of $166,781,686.65 USD. With 750 million UNI tokens in circulation, Uniswap's market capitalization stands at $3,971,077,953 USD.
According to analysts at [coinpedia.org](https://medium.com/r/?url=https%3A%2F%2Fcoinpedia.org%2Fprice-prediction%2Funiswap-uni-price-prediction%2F), 2024 is considered crucial for the cryptocurrency industry as it marks the halving event for Bitcoin, which has the potential to kick-start a bull market. In such a scenario, the price of UNI could potentially reach a maximum of $12.85. On the other hand, factors like increased regulatory scrutiny could lead to a price drop to $7.63. In the future, the average trading price may settle around $10.80.

Latest project news:

- [Uniswap Labs launches Android mobile wallet](https://medium.com/r/?url=https%3A%2F%2Fcrypto.news%2Funiswap-labs-launches-android-mobile-wallet%2F)
- [KYC hook](https://medium.com/r/?url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fkyc-hook-uniswap-v4-stirs-community-controversy) for Uniswap v4 stirs community controversy
- Uniswap Labs to Charge 0.15% [Fee on Crypto Swaps](https://medium.com/r/?url=https%3A%2F%2Fwww.coindesk.com%2Fbusiness%2F2023%2F10%2F16%2Funiswap-labs-to-charge-015-fee-on-crypto-swaps-involving-eth-usdc-other-tokens%2F)

## 5. Aurora (AURORA)
Market Value: $37.10 million
Amount of Tokens Unlocked: $1.64 million (4.47% of Market Cap)
Date: 19 November 2023, 03:00

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/jnge5pope1kc2w60dtyw.png)
Source: [Aurora.dev](https://medium.com/r/?url=https%3A%2F%2Faurora.dev%2Fblog%2Faurora-token-distribution-update)

## About AURORA
Aurora is a product designed to facilitate the seamless transition of Ethereum users and decentralized applications to the NEAR blockchain. It enables users to accomplish two main tasks: upload and interact with Solidity smart contracts on the NEAR blockchain and transfer assets (including ERC-20 tokens) between Ethereum, NEAR, and Aurora through the Rainbow Bridge.
The foundational token of Aurora is ETH, which provides a familiar user experience and tools for developers.
The AURORA token is a governance token that ensures the proper protocol upgrades. Aurora is governed by AuroraDAO, which includes representatives from various blockchain ecosystems and sectors within the blockchain industry.

## Price prediction of AURORA in 2024
The current price of Aurora today is $0.089765 USD, with a 24-hour trading volume of $633,333 USD. The market capitalization stands at $34,198,156 USD, and there are 380,975,376 coins in circulation.
Based on price changes for Aurora and the halving cycles of BTC, analysts from [coincodex.com](https://medium.com/r/?url=https%3A%2F%2Fcoincodex.com%2Fcrypto%2Faurora%2Fprice-prediction%2F) estimate the lowest annual price forecast for Aurora in 2024 to be $0.00007830 USD. However, the price of Aurora is expected to reach $0.00008300 USD in the following year.

## Latest news about the project:

- [Brave and NEAR Foundation Collaborate to Integrate Aurora](https://medium.com/r/?url=https%3A%2F%2Fblockchainreporter.net%2Fbrave-near-integrate-aurora-brave-wallet%2F)
- Aurora Pass, a [revolutionary mobile crypto wallet](https://medium.com/r/?url=https%3A%2F%2Fambcrypto.com%2Fblog%2F15-best-multi-cryptocurrency-wallets-for-2023-2024%2F), went live.
- [Blockchain Solution](https://medium.com/r/?url=https%3A%2F%2Fnews.bitcoin.com%2Faurora-labs-launches-turnkey-blockchain-solution-for-businesses-transitioning-to-web3%2F) for Businesses Transitioning to Web3

## Conclusion
One important aspect to consider in the cryptocurrency world is asset unlocking. Token unlocking can have a significant impact on market dynamics, liquidity, trading volume, and price volatility. In this article, we explored the significance of asset unlocking through five different examples, shedding light on how it affects various cryptocurrencies.