Axie Infinity (AXS) - 9.09MM Token Unlock - 12 Apr 2025

With Axie Infinity unlocking 9.09 million tokens, it could affect the market price. Token unlocks can lead to greater supply, which might push prices down. Holders may anticipate dilution fears and might sell, causing price drops. However, if Axie's popularity and demand increase in step with the supply, the market might absorb the unlock smoothly. The effect will depend on market sentiment and overall demand for AXS. Investors will keep an eye on how news and updates from Axie's team affect confidence. source