2024-11-04
In November 2024, several major crypto
projects are set to unlock tokens, totaling around $2.68 billion. This includes
well-known cryptocurrencies like Aptos (APT), Arbitrum (ARB), Avalanche (AVAX),
and Optimism (OP).
Aptos will unlock 11.31 million APT tokens
worth about $93 million.
Arbitrum will release 92.65 million ARB tokens worth about $45.0 million.
Optimism will unlock 31.4 million OP
tokens worth about $44.9 million.
Avalanche will also unlock 1.67 million
AVAX tokens worth about $39.6 million.
Memecoin (MEME) will unlock 3.45
billion coins, worth about $37.8 million for its airdrop.
Token unlocks can have a substantial
impact on the market, as they introduce previously unavailable tokens into
circulation. This can lead to increased selling pressure, but also presents
growth opportunities if those tokens can attract interest and trading volume
from users.
