3 Token Unlocks to Watch Next Week
Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.
However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset's dynamics. Here are three major unlocks to watch next week.
ARBUSD
âą Unlock date: September 16
âą Number of tokens unlocked: 92.65 million ARB
Current circulating supply: 3.49 billion ARB
ApeCoin APEUSD
âą Unlock date: September 17
âą Number of tokens unlocked: 15.60 million APE
âą Current circulating supply: 674.64 million APE
Space ID (ID)
âą Unlock date: September 22
âą Number of tokens unlocked: 78.49 million ID
âą Current circulating supply: 430.50 million ID