PANews, November 3 news, according to Cointelegraph, based on data tracking agency Tokenomist (formerly Token Unlocks) data, $2.68 billion worth of crypto assets will be unlocked in November. Over $900 million worth of tokens will be unlocked in a cliff manner, while about $1.7 billion worth of tokens will be unlocked linearly.
The meme project Memecoin plans to unlock 3.45 billion tokens through airdrops, worth about $37.8 million. In addition to cliff unlocking, linear token unlocking will also be executed for its contributors. More than 10 million MEME tokens, worth about $117,000, will be unlocked daily. The blockchain Aptos will unlock an additional 11.31 million tokens, worth $93 million. About $32 million will be allocated to the project's core contributors, $26 million to the community, $11 million to the foundation, and $23 million to investors. The current trading price of APT tokens is about $8.24, which is 54% lower than the 2024 peak of $18.14. Avalanche will also unlock 1.67 million AVAX tokens worth $39 million for its foundation, while Optimism will unlock 31.4 million tokens worth $44 million for its investors and core contributors. Meanwhile, the Ethereum L2 network Arbitrum will issue 92.65 million tokens, worth $45 million. These crypto tokens are allocated to its investors, team, and advisors.
