【November Token Unlock: $2.78 Billion Coming to Market】
BeInCrypto has listed the top five token unlock events for November, which will bring a significant amount of circulating assets to the market. According to data from Tokenomist, the total unlock amount this month is close to $1 billion, most of which is categorized as "cliff unlocks," where tokens are typically released weekly, monthly, or annually, potentially increasing the risk of selling pressure.
The main unlock events are as follows:
・Memecoin (MEME): On November 3, 3.45 billion MEME will be unlocked, adding 10.71 million tokens to the circulating supply daily.
・Aptos (APT): On November 11, 11.31 million APT will be released, accounting for 2.18% of the total supply, worth approximately $10.8 million.
・Arbitrum (ARB): On November 16, 92.65 million ARB will be unlocked, worth approximately $48.58 million, accounting for 2.33% of the circulating supply.
・Avalanche (AVAX): On November 18, 1.67 million AVAX will be unlocked, worth approximately $40.82 million, for ecosystem development and operations.
・Optimism (OP): On November 30, 31.34 million OP will be unlocked, worth approximately $49.52 million, accounting for 2.5% of the circulating supply.
Additionally, projects such as Starknet (STRK), Immutable (IMX), and ApeCoin (APE) will also have unlocks in November.
