Impact of Crypto Vesting Periods on Token Markets

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI


In June, a staggering amount of around $875 million worth of locked cryptocurrencies is poised to enter the markets as the vesting periods for over 30 blockchain projects approach their culmination. The practice of crypto vesting is implemented to prevent abrupt flooding of tokens by project team members or early investors, a phenomenon that can exert significant downward pressure on token values.

Among the prominent projects releasing their tokens in June include Aptos (APT), Arbitrum (ARB), Starknet (STRK), and Sui (SUI). Notably, the Ethereum layer-2 platform Arbitrum plans to distribute 92.65 million ARB tokens valued at $105.6 million on June 16.

A substantial portion of the unlocked tokens, amounting to nearly $64 million, will be allocated to the project team and advisers, while the remaining $41.6 million will be made available to investors. Aptos is expected to unlock 11.1 million APT tokens equivalent to $102.6 million in June, with distributions designated for its foundation, community, core contributors, and investors. Similarly, Starknet will release 64 million STRK tokens valued at $78 million on June 15, primarily targeting early contributors and investors.

Additionally, Optimism is set to unlock 31.34 million OP tokens, valued at around $78 million, following a similar release in May. Sui also plans to unlock 65 million tokens worth $66 million on June 1 for its Series A and Series B investors, early contributors, and community reserve.

These unlocking events are occurring after a period of notable token distributions, suggesting potential market fluctuations as these tokens become tradable.

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

BingX EU Achieves MiCA License to Expand Crypto Services in Europe

BingX EU MEGE zweite GmbH has obtained a MiCA license from Austria's FMA, allowing it to offer regulated crypto services across 29 EEA countries.

user avatarMohamed Farouk

Zcash Faces 11% Decline Amid Growing Market Concerns

Zcash has experienced an 11% decline in the past 24 hours, raising concerns about market stability and the impact of AI on cryptography.

user avatarElias Mukuru

HTX Strengthens Global Compliance and Showcases at TOKEN2049

HTX has made significant strides in global compliance initiatives while participating in TOKEN2049, a major event in the crypto industry held in Singapore.

user avatarDiego Alvarez

SEC Files Charges Against Richard Heart for Fraud

The SEC charged Richard Heart and his entities with conducting unregistered offerings of crypto asset securities.

user avatarMaria Fernandez

HTX Marks 13th Anniversary with Major Celebrations and Trading Events

HTX celebrated its 13th anniversary with major events, including the Anniversary Carnival and Trading Championship 3, highlighting its resilience in the crypto market.

user avatarKenji Takahashi

Richard Heart Arrested in Istanbul on Interpol Charges

Richard Heart, founder of Hex cryptocurrency, was detained in Istanbul under an Interpol Red Notice for aggravated tax fraud.

user avatarGustavo Mendoza

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.