A massive wave of token releases is coming!

🔸 According to data provided by Tokenomist, major altcoin projects will see an increase in circulating supply in the first week of December.

🔸 The wave includes the release of approximately $578 million worth of tokens, part of the total $3.5 billion in releases in December. Solana-based JTO is leading the way with $496.71 million (a 103.32% increase in supply). Cardano with $19.44 million and NEON with $21.15 million are also notable.

🔸 These releases could put downward pressure on prices, especially if holders decide to sell quickly. Other major projects on the December release list include Hyperlink (HYPE) with $1.48 billion and Sui (SUI) with $218.26 million