July’s $350 million worth of token unlocks includes Worldcoin, XAI, Arbitrum, Aptos, and more
According to The Block, As the crypto market faces increased volatility, several significant token unlocks are scheduled for July. These events could impact token prices and overall market dynamics. Here are the key unlocks worth $10 million or more:
Xai (July 9)
Unlock: 200M tokensValue: ~$70MContext: Layer 3 gaming project on Arbitrum, linked to Ex Populus games.
ImmutableX (July 12)
Unlock: 32.5M tokensValue: ~$43MContext: Web3 gaming platform poised for growth with releases like Illuvium. $IMX
Aptos (July 12)
Unlock: 11.31M tokensValue: ~$68MContext: Project with ties to Facebook's Libra, aiming to enhance blockchain scalability.
StarkNet (July 15)
Unlock: 64M tokensValue: ~$37MContext: Ethereum Layer 2 network focusing on improving throughput and lowering fees.
Arbitrum (July 16) #arbusdt
Unlock: 92.6M tokensValue: ~$64MContext: Leading Layer 2 network with significant Uniswap volume.
Axie Infinity (July 16)
Unlock: 2.45M tokensValue: ~$12.5MContext: Popular blockchain game with a growing user base. $AXS
Apecoin (July 17) #APEUSDT
Unlock: 15.6M tokensValue: ~$11.9MContext: Governance and utility token for the Bored Ape Yacht Club ecosystem.
Pixels (July 19)
Unlock: 54.4M tokensValue: ~$10.5MContext: Engaging the Web3 gaming and NFT community. $PIXEL
Worldcoin (July 24) #WLDUSDT
Unlock: 6.62M tokens/dayValue: ~$13.3M/dayContext: Doubling daily unlock rate, introducing its Worldchain Layer 2 blockchain.
These token unlocks could lead to fluctuations in the respective token prices and offer potential opportunities or risks
