Xai and Moca Tokens Unlocks Spark Market Volatility as XAI Drops 10% and MOCA Surges 15%
1min read Token unlocks are significant events in the cryptocurrency market, as they release previously restricted tokens into circulation. These unlocks can impact liquidity, price action, and overall market sentiment. This week, several notable token unlocks are scheduled, which could influence the market dynamics.
One of the key unlocks this week is for xai (XAI), a Layer 3 gaming blockchain that leverages Ethereum’s security and Arbitrum’s scalability. On March 9, the Xai network will unlock 35.89 million XAI tokens, valued at approximately $2.62 million. The majority of these tokens, around 17.33 million, will be allocated to investors, while 11.9 million will go to the team. The remaining tokens will be distributed to the Xai ecosystem and reserve. With gaming-focused blockchains gaining momentum, this unlock could influence Xai’s liquidity and trading dynamics.
Another significant unlock is for Moca Network (MOCA), a digital identity infrastructure enabling seamless asset management across Web2 and Web3 ecosystems. On March 11, 178.51 million MOCA tokens, valued at $17.36 million, will be unlocked. This represents 9.34% of its market cap. The largest distribution, around 93.32 million MOCA, will be allocated for network incentives. Additionally, 37.04 million tokens will be allocated for liquidity, and 33.33 million for the ecosystem. The rest will be reserved for operational expenses. With a significant portion going towards network incentives and liquidity, this unlock may impact MOCA’s supply dynamics.
Delysium (AGI), a blockchain-powered AI platform designed to create a virtual world where AI and humans coexist, will also see a token unlock on March 11. The platform will unlock 66.48 million AGI tokens, valued at $3.78 million. Delysium will allocate 34.37 million AGI for the treasure, 24 million for the team, and the rest for strategic sales. This unlock could influence the platform's ecosystem growth and market performance.
Cheelee (CHEEL), a blockchain-based short video platform that incorporates GameFi elements, will unlock 2.67 million CHEEL tokens on March 10. The 
