1. Arbitrum (ARB) Leads with $48 Million Unlock
2. Space (ID) to Unlock 18.23% of Supply
3. ApeCoin and Lista DAO Also Anticipate Unlocks

From September 16 to 22, 2024, the market is expected to see a significant increase in token supply worth over $113 million. Major projects such as Arbitrum (ARB), Space (ID), and ApeCoin (APE) will increase their circulating supplies.

Arbitrum (ARB) Leads with $48 Million Unlock

Arbitrum (ARB) will kick off the week by unlocking $48.01 million worth of tokens on September 16. The Ethereum Layer 2 scaling solution will release 2.65% of its circulating supply. These tokens will go to the project team, founders, and private investors. With only 32.71% of its total supply unlocked so far, this event could draw attention from traders and long-term holders.

Space (ID) to Unlock 18.23% of Supply

Meanwhile, the largest percentage unlock this week will come from Space (ID), which is set to release $26.93 million worth of tokens.

ApeCoin and Lista DAO Also Anticipate Unlocks

Additionally, significant unlocks are also expected from ApeCoin and Lista DAO, contributing to the $113 million entering the market this week.

The coming week is poised to be significant for the cryptocurrency market, with over $113 million worth of tokens being unlocked. This could impact both traders and long-term investors.