One of the topics that cryptocurrency investors are most interested in, token unlocks, will create a movement of billions of dollars in January. In ONDO, one of the popular projects of the recent period, $2.9 billion worth of tokens will be released to the market at once. As the cryptocurrency world begins 2025 with expectations of further increases, hundreds of millions of dollars worth of token unlocks will take place in many coins in the first month of the year.
The Great Unlocking in ONDO
The most notable token unlocking in January will undoubtedly be done by ONDO. $2.9 billion worth of tokens will enter circulation on ONDO. Currently, only 14% of the total supply of ONDO tokens, which is 10 billion, is traded on the market. The number of ONDO tokens in circulation is approximately 1.4 billion. On January 18, 1.8 billion more tokens will be released.
The distribution of these tokens will be as follows:
825 million tokens will be allocated for project development and team members
322 million tokens will be allocated to investors participating in private sales
792 million tokens will be used for ecosystem growth.
Other Major Token Unlocks in January
Other notable major token unlocks in January, apart from ONDO, are as follows:
CHEEL: 20 million tokens worth $170 million on January 13
CONX: 4.3 million tokens worth $125 million on January 15
APT: 11.2 million tokens worth $105 million on January 11
ARB: 92.6 million tokens worth $72 million on January 16
FTN: 20 million tokens worth $70 million on January 21
MOVE: 50 million tokens worth $45 million on January 9
UXLINK: 26.5 million tokens worth $45 million on January 18
IMX: 24.5 million tokens worth $35 million on January 24
ZKJ: 17.5 million tokens worth $35 million on January 13
BGB: 5.3 million tokens worth $35 million on January 10
STRK: 63 million tokens worth $32 million on January 15
SEI: 55 million tokens worth $25 million on January 15
KASPA: 182 million tokens worth $22 million on January 6
These token unlocks in January could create major volatility and potential price fluctuations in the cryptocurrency market. Investors should be careful during this process and follow market developments.