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.
