đ„5 Token Unlocks to Watch This Week: DOn't Become Exit Liquidity for VCs
Token unlocks release previously restricted tokens, often impacting market dynamics. Here are five key token unlocks happening this week.
Aptos $APT
- Unlock Date: June 12
- Tokens Unlocked:** 11.3 million APT
- Current Circulating Supply: 437.9 million APT
Despite its success, the Aptos project faces criticism for its venture capital-influenced tokenomics. The new tokens will go to the foundation, community members, core contributors, and investors.
Immutable $IMX
- Unlock Date: June 14
- Tokens Unlocked: 25.5 million IMX
- Current Circulating Supply: 11.48 billion IMX
Immutable, a Layer-2 solution for scaling NFTs on Ethereum, raised significant funds through token sales and investments, and will use the new tokens to further develop the Immutable ecosystem.
Cyber $CYBER
- Unlock Date: June 14
- Tokens Unlocked: 886,120 CYBER
- Current Circulating Supply: 22.3 million CYBER
This unlock represents nearly 4% of its circulating supply. These tokens will support the purchase of CyberIDs, voting on protocol improvements, and paying transaction fees.
Starknet (STRK)
- Unlock Date: June 15
- Tokens Unlocked: 64 million STRK
- Current Circulating Supply: 1.3 billion STRK
Starknet, developing a ZK-Rollup Layer-2 solution for Ethereum, will release 64 million STRK tokens.
Arbitrum (ARB)
- Unlock Date: June 16
- Tokens Unlocked: 92.6 million ARB
- Current Circulating Supply: 2.9 billion ARB
This unlock, valued at approximately $92.59 million, will be distributed to the team, advisors, and investors.
Other notable unlocks next week include Moonbeam (GLMR), dYdX (DYDX), and Render (RNDR), with a total value exceeding $232.53 million. While token unlocks can be seen as bearish, a strategic release schedule can enhance a projectâs long-term success by motivating teams, boosting community engagement, and fostering ecosystem growth.
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