Unlocking tokens worth almost $250 million for next week: YGG, AGIX, SUI, OP, PRIME, MANTA, DYDX and ZETA
Next week, the Yield Guild Games ecosystem will start the chain of unlocking events on the calendar with 16.69 million YGG tokens worth $8.62 million that will flood the markets on February 27. This will account for 5.57% of the project's outstanding offer.
The SingularityNET artificial intelligence cryptocurrency project also has an unlocking event on the calendar, with 8.97 million AGIX tokens worth 6.25 million dollars that are expected to flood the markets on February 28. This will constitute 0.71% of the offer in circulation of the project.
The Sui network will also unlock 4 million SUI tokens worth $6.96 million on February 29, the same day that the Layer 2 (L2) Optimism project will unlock 24.16 million OP tokens worth $88.42 million in the markets. For Optimism, the unlock will account for 2.52% of the token offer that is already on the market.
On the same day, the Echelon Prime network will release 1.66 million PRIME tokens worth 20.56 million dollars, which constitute 4.89% of the network's outstanding offer.
Manta Network will kick off the March unlocks with 1.87 million MANTA tokens worth 6.20 million dollars, which constitute 0.74% of its offer in circulation and that will flood the markets. Other tokens unlocked on the same day are dYdX, which will launch 33.33 million DYDX tokens (1.09% of the offer in circulation) worth 98 million dollars.
The ZetaChain ecosystem will also pour 5.29 million ZETA tokens worth 13.18 million dollars on the same day, adding 2.24% of the circulating supply to the market.
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