dYdX (DYDX) - 8.33MM Token Unlock - 01 Mar 2025

The release of 8.33 million DYDX tokens scheduled for March 2025 could bring volatility to the token's price. Generally, token unlocks might lead to price decreases due to heightened supply. However, investor sentiment and market conditions at the time of the unlock will play a crucial role. If there is strong demand for dYdX or positive news, it might cushion the impact of the increased supply. On the other hand, lackluster interest in the token could result in significant price drops. Investors should prepare for potential swings. source