This week will see major token unlocks totaling $653 million, led by FTN and APT.
Major Token Unlocks
Fasttoken tops the list with 20 million FTN tokens worth $91.80 million, accounting for 2.13% of the total unlock supply. Aptos follows with 11.31 million APT tokens valued at $53.72 million, making up 2.25% of unlock supply. Arbitrum plans to issue 92.65 million ARB tokens, valued at $43.91 million, impacting 2.08% of its circulating supply. Avalanche is adding 1.67 million AVAX tokens worth $40.15 million.
Linear Token Unlocks
In the linear unlock category, Solana leads with 465.77K SOL tokens worth $93.18 million being released gradually. Other notable unlocks include 4.89 million Trump tokens valued at $45.92 million, and 37.23 million WLD tokens worth $40.50 million. Dogecoin adds 95.49 million DOGE, equating to $22.09 million.
Progress of Smaller Projects
Among smaller projects, Redacted leads with a current price of $0.008868 and a market cap of $1.25 million. There are 126.61 million RDAC tokens available, marking an overall unlock of 17.02%. Dappad has 232.49 million APPA tokens and has achieved 57.35% unlock progress. GameGPT continues with 8.39 billion DUEL tokens and 64.02% unlock progress.
These substantial token unlocks, both major and minor, create significant pressure on their respective markets and may impact prices in the near term.
