According to "The Block" report, in the remainder of July, $350 million worth of tokens will be unlocked in the cryptocurrency field, including tokens from several important projects, such as Worldcoin, a cryptocurrency project co-founded by Sam Altman, Layer 1 blockchain Aptos, Ethereum Layer 2 network Arbitrum and Layer 3 gaming blockchain Xai.
Xai will conduct its second token unlocking event on Tuesday (9th), unlocking nearly 200 million XAI tokens, accounting for 72% of its circulating supply and worth approximately US$70 million at current prices.
XAI token lock status, source: Token Unlocks
Web3 gaming company ImmutableX will unlock approximately 32.5 million IMX tokens this Friday, representing 2.15% of its circulating supply and worth approximately $43 million. Data shows that IMX tokens, which are still locked, account for 24% of the total supply.
IMX token lock status, source: Token Unlocks
Aptos will unlock 11.31 million APT tokens this Friday, representing 2.49% of its circulating supply and worth approximately $68 million.
APT token lock status, source: Token Unlocks
Ethereum’s second-layer network StarkNet will unlock 64 million STRK tokens next Monday (15th), accounting for 4.92% of its circulating supply and worth approximately US$36.7 million. Currently unlocked STRK tokens represent only 9.12% of the total supply.
STRK token lock status, source: Token Unlocks
Arbitrum will unlock 92.6 million ARB tokens next Tuesday, representing 2.87% of its circulating supply and worth approximately $64 million. Arbitrum’s tokens in locked, pending locked, and unlocked status account for 35.43%, 34.04%, and 30.53% of the total supply respectively.
ARB token lock status, source: Token Unlocks
Worldcoin has been unlocking tokens since July 24, 2023, at a rate of 3.19 million tokens per day (worth approximately $6.7 million). Starting on July 24, 2024, this rate will double to unlock 6.62 million tokens (worth approximately $13.3 million) per day for two years.
WLD token lock status, source: Token Unlocks
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