This week, eight altcoin projects will unlock tokens worth tens of millions of dollars in total.

According to Token Unlocks data, between December 16-22, unlocks totaling more than $256 million will be made in 8 altcoins, including Arbitrum (ARB), Ethena (ENA) and ApeCoin (APE).

Lockdowns can often have a significant negative impact on prices if more than 1% of the circulating supply is released. Therefore, lockdowns on Arbitrum, ApeCoin, QuantixAI (QAI), and Metars Genesis (MRS) projects are among the developments to watch closely next week.

Watch out for MRS and ARB!
In particular, the unlocking of 479 million tokens worth $40 million in JTO stands out as an important development with 100% circulating supply.

The $54 million unlock in Xai is another event to consider with a 10% supply rate.

The cryptocurrencies to be unlocked and the details are as follows:

  • Arbitrum (ARB): 96.8 million tokens, worth $96 million, will be released as of 15:00 on December 16. 2.34% of the circulating supply will be released.

  • Echelon Prime (PRIME): 750,000 tokens worth $10 million, will be released as of 11:00 on December 17. 1.46% of the circulating supply will be released.

  • ApeCoin (APE): 15 million tokens, worth $25 million, will be released as of 17:00 on December 17. 2.50% of the circulating supply will be released.

  • Eigenlayer (EIGEN): 1.2 million tokens, worth $6.3 million, will be released as of 10:00 on December 18. 0.62% of the circulating supply will be released.

  • QuantixAI (QAI): 232k tokens worth $22m will be released as of 12:00 on December 18th. 5.3% of the circulating supply will be released.

  • Ethena (ENA): 12 million tokens, worth $15 million, will be released as of 16:00 on December 18. 0.45% of the circulating supply will be released.

  • Cardano (ADA): 18 million tokens worth $20 million, will be unlocked at 15:00 on December 20. 0.05% of the circulating supply will be released.

  • Metars Genesis (MRS): 10 million tokens, worth $62 million, will be released as of 16:00 on December 22. 11.8% of the circulating supply will be released.