DYDX, OP, HBAR, and 6 Other Projects to Release Millions of Dollars Worth of Tokens This Week
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Data shows that a large number of tokens are about to hit the crypto industry in a significant unlock event.
Recently, prominent Chinese reporter Colin Wu revealed that tokens from mainstream crypto projects will go into circulation this week.
He announced this development in a recent tweet. Wu highlighted nine crypto projects set to release millions of dollars worth of their native crypto within the next seven days.
The mentioned projects include the decentralized exchange dYdX (DYDX), Ethereum layer-2 scaling solution Optimism (OP) , and Hedera Hashgraph network (HBAR), a distributed ledger technology.
According to Token Unlocks, this week AGIX, GAL, DYDX, OP, EUL, NYM, 1INCH, HBAR, and ACA tokens will be in a huge unlock. dYdX will unlock 6.52 million DYDX ($14.41 million); Optimism will unlock 24.16 million OP ($35.03 million); Hedera will unlock 1.15 billion HBAR ($67.23…
Notably, Wu cited Token Unlocks as the source of the update. Token Unlocks is a dashboard that uses on-chain data to track vested tokens and notify of unlock events.
The Nine Tokens
According to the site
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