From June 16 to June 23, 2023, token unlocks expected to total over $443 million are scheduled. Among these, Fasttoken and ZKsync stand out.
Leaders in Token Unlocks
Fasttoken leads the unlock schedule with 20 million FTN tokens worth $88.8 million, accounting for 2.22% of the unlock supply.
ZKsync follows with 768.52 million ZK tokens valued at $38.24 million, making up 20.91% of the total unlock supply.
Arbitrum ranks third with 92.65 million ARB tokens worth $30.79 million (2.19% of total unlock). Notable mentions include S token with 47.63 million tokens, ID token with 72.65 million, and ApeCoin with 15.60 million tokens.
Linear Unlocks from Solana
Solana leads the linear unlock category with 465.77K SOL tokens worth $72.57 million, representing 0.09% of the circulating supply. These linear unlocks feature daily token releases instead of large one-time unlocks.
Worldcoin takes second place with 37.23 million WLD tokens valued at $36.78 million.
Other notable linear unlocks include Dogecoin, Avalanche, and Sui, each with various amounts of tokens scheduled for release during this period.
Less Popular Token Unlocks
Several projects face significant unlock pressures despite lower visibility. Parcl leads this category with 14.2 million PRCL tokens worth $1.1 million.
Star AI follows with 22.98 million MSTAR tokens valued at $109,026.79.
SuperRare shows strong unlock momentum with 91.72% progress having 13.34 million RARE tokens due for unlock.
Overall, a significant amount of tokens are expected to be unlocked, which could impact the cryptocurrency market. Investors should be cautious, keeping an eye on prominent as well as less-known projects.
