Major cryptocurrencies are preparing to unlock more of their $700 million locked supply this month!
Major crypto projects such as Cardano (ADA), JTO, and Aptos (APT) are preparing to launch tokens worth a total of around $700 million in December, according to data from Tokenomist.
On December 4, Cardano will launch 18.53 million ADA worth around $20 million, representing less than 0.1% of the circulating supply.
These tokens are aimed at boosting Cardano’s treasury funding reserve.
ADA has surged 198% over the past month, breaking through the $1 barrier for the first time in two years.
On December 7, JTO, which operates on the Solana network, will unlock 135.71 million JTO worth $521 million, which is roughly 103% of the circulating supply.
These tokens will be distributed to core contributors and investors.
Aptos will open 11.31 million APTs on December 11, worth around $153 million, representing around 2% of the circulating supply, and will be allocated to the institution, community, and core investors.
In addition to these projects, December will see other notable cryptocurrency launches, such as Neon, Polyhedra Network, and Space ID, adding significant amounts of crypto to the market.
Although these launches often increase market volatility due to immediate supply pressure, their long-term impact depends on overall market conditions.