This week, significant token unlocks will occur for important projects in the cryptocurrency ecosystem, including dYdX, Optimism, and Prime token. Wednesday, February 29th, is a crucial day for Prime and Optimism, while Friday, March 1st, is significant for dYdX. The image below shows the unlock day and amounts. Below the image, the unlocks are discussed in more detail.
On Thursday, two significant token unlocks will take place. One is for the Prime token and the other for the Optimism token.
PRIME Token
Total number of tokens to be unlocked: 1.66m PRIME
Approximate value (USD): 14.96m USD
Percentage of circulating supply: 4.89%
OP Token
Total number of tokens to be unlocked: 24.16m OP
Approximate value (USD): 76.58m USD
Percentage of circulating supply: 2.52%
On Friday, a significant token unlock will also occur for dYdX. The details are as follows:
DYDX Token
Total number of tokens to be unlocked: 33.33m DYDX
Approximate value (USD): 117.67m USD
Percentage of circulating supply: 33.33%