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More than $740 million worth of tokens from various crypto projects, including Aptos, Arbitrum, Optimism, and Starknet, are set to unlock in the next 30 days. This substantial release raises significant market implications, as reported by Token Unlocks, a vesting analytics platform.
XaIās XAI token will lead the unlocks with $109 million worth of tokens becoming available. Aptosā APT token follows closely with an $85 million unlock, while Arbitrumās ARB token will see $80 million worth of tokens released.
Other notable unlocks include OP Mainnetās OP token at $61 million, Suiās SUI token at $58 million, and Immutableās IMX token at $53 million. Starknetās STRK token and Ethenaās ENA token will also see significant releases valued at $52 million and $37 million, respectively.
According to Kelly Ye, a portfolio manager at Decentral Park Capital, the current cycle is characterized by low float and high Fully Diluted Valā¦
The post Crypto Market Braces for $740 Million Token Unlock Wave appeared first on Coin Edition.
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