Next week, several crypto projects are planning to release tokens worth over $111 million. This information comes from Token Unlocks, a platform that monitors the release of new crypto tokens.
Key Crypto Projects and Release Sums
Aptos (APT), Starknet (STRK), Render (RENDER), io.net (IO), Ethena (ENA), and Cyber (CYBER) will release fresh tokens into their ecosystems between September 9 and 15. Aptos plans to release $66.05 million worth of tokens, which accounts for 2.32% of the project's circulating supply.
Token Release Details
Starknet will release $25.07 million worth of tokens, Render - $3.58 million, io.net - $3.20 million, Ethena - $3.12 million, and Cyber - $2.78 million. These data were provided by Token Unlocks on their platform.
Market Impact and Forecasts
Crypto traders often use token release information to monitor price trends. The token release from Aptos is expected to have a significant impact on market conditions, considering the volume and importance of these tokens on the platform.
The release of $111 million worth of tokens next week could significantly impact the crypto market, and traders will be closely watching these events to make forecasts and investment decisions.
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