Details of $2.927 Billion Token Unlocks

user avatar

by Giorgi Kostiuk

2 years ago

Between January 13 and 20, the cryptocurrency market is set to experience token unlocks worth over $2.927 billion, driven by several projects undergoing substantial shifts in circulating supplies.

Large Unlocks from ONDO and Others

ONDO leads the upcoming token unlocks with 1.94 billion tokens valued at $2.269 billion, representing 134.21% of its current supply. Connext (CONX) follows with 4.33 million tokens valued at $85.60 million, adding 376.30% to its circulating supply. Mid-range unlocks show varied impacts across different sectors: Arbitrum (92.65 million tokens), UXLINK (26.56 million tokens), Strike (64 million tokens), SEI Network (55.56 million tokens), and QAI Protocol (232,350 tokens). Completing the cliff unlocks are ApeCoin, APEX, and projects like Prime, Cloud, and Pixel.

Linear Unlocks of Solana and Worldcoin

Leading the linear unlocks are tokens from Solana (SOL) and Worldcoin (WLD). SOL plans to release 465,770 tokens worth $86.54 million, representing just 0.10% of its supply. Worldcoin follows with 37.23 million tokens valued at $77.43 million. Next in line are TIA Protocol, Avalanche, and other projects planning significant releases.

Lesser-Known Projects and Gaming Tokens

Several smaller market capitalization projects are also set for unlocks. Games for a Living (GFAL) prepares to release 121.32 million tokens worth $973,013. In the gaming sector, projects like Blast Royale and Kryptonite make noteworthy releases relative to their market caps. In the AI sector, ALI is preparing to unlock 133.31 million tokens.

Token unlocks can lead to significant market shifts. While such events often cause volatility, they can also affect the distribution and availability of tokens for investors.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Grayscale Appoints BitGo as Custodian for Hyperliquid Staking ETF

Grayscale has appointed BitGo Bank Trust as an additional custodian for its Hyperliquid Staking ETF to enhance custody services and operational flexibility.

user avatarAndrew Smith

Avalanche Sees Surge in Tokenized US Treasury Assets

The value of tokenized US Treasury assets on the Avalanche network has surged to approximately $545 million, marking a fourfold increase over the past year.

user avatarJacob Williams

Metaplanet Shows Liquidity Management with Strategic Bitcoin Transactions

Metaplanet sold 10,000 BTC for approximately $790 million and bought back 11,000 BTC for around $950 million, demonstrating its ability to manage liquidity effectively.

user avatarSon Min-ho

Navra Secures $19 Million in Series A Funding to Bridge Traditional Finance and Blockchain

Navra, a startup led by Mike Cagney, has successfully raised $19 million in Series A funding to enhance access to blockchain-based financial markets for traditional investors.

user avatarZainab Kamara

Arbitrum Proposes Strategic Initiative for USDG Stablecoin

Arbitrum has proposed a governance initiative to back USDG as a core strategic stablecoin within its ecosystem, including adding 100 million ARB to enhance liquidity and adoption.

user avatarTando Nkube

BitGo and HashKey Cloud Expand Partnership in Asia-Pacific

BitGo and HashKey Cloud have expanded their partnership to cover multiple areas of institutional crypto infrastructure, including staking, trading, custody, and asset tokenization in Singapore.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.