#INJ #inversión #Investment #Optimism #CryptoInvesting 518 Million Dollars in Crypto Tokens Could Flood Exchanges in January: APT, INJ, OP, SUI and AXS Unlocked

Tokens will be unlocked in Aptos, Injective, Optimism, SUI and Axie Infinity in January.

The unlock value of these tokens exceeds $518 million according to data from TokenUnlocks.

High volume breakouts usually lead to a correction in asset prices.

Cryptocurrency token unlocks are events that influence cryptocurrency prices. Typically, a breakout increases the volume of assets in circulation, which contributes to selling pressure. Aptos (APT), Injective (INJ), Optimism (OP), SUI, and Axie Infinity (AXS) unlocks are scheduled for January 2024.

Cryptocurrencies face $518 million in tokens unlocked in January, according to data from TokenUnlock.

On January 12, 24.84 million APT tokens worth $234.76 million will be unlocked. The unlocking will offer 1.33 million APT to the Foundation, 3.21 million to the community, 11.88 million to core contributors and 8.42 million to investors.

The unlocking of 234.76 million APT tokens could drive down the price of the asset. At the time of writing, the price of APT is $9.4846, up 34% over the last month and almost 2% over the last week. The APT price is likely to decline, after the unlock on November 12 it fell almost 20% and in the week following December 12 it fell almost 17%, as seen in the chart below.

Axie Infinity will unlock 3.43 million AXS tokens worth $31.24 million on January 18, 2024. The previous unlock occurred on October 20, 2023. At the time of writing, the price of AXS is $8.83 . The asset returned 36% monthly profits for investors.