Let's take a look at other token unlocking events planned for the first half of June 2023, according to information from Token Unlocks:
On June 1, STEPN (GMT) will unlock $952,000 in tokens. Hedera (HBAR) will unlock $67.6 million worth of tokens. Acala (ACA) is unlocking $1.3 million worth of tokens.
On June 2, Nym (NYM) will unlock $4.9 million worth of NYM.
On June 3, Sui (SUI) unlocks $63.7 million worth of tokens, while Trader Joe (JOE) unlocks $35,000 worth of JOE.
On June 5, there will be only one token unlocking. Liquity (LQTY) is scheduled to unlock $848,000 worth of tokens.
On June 6, Tornado Cash (TORN) will unlock 760,000 tokens. On the same day, dYdX (DYDX) will unlock DYDX worth $13.8 million.
On June 7, Hashflow (HFT) will unlock $1.5 million worth of HFT. Euler (EUL) will unlock $286,000 worth of tokens.
The GMX (GMX) token is scheduled to unlock $23,600 on June 9. Also on the same day, Hop Protocol (HOP) will unlock $1.7 million worth of tokens.
On June 10, only Moonbeam (GLMR) will unlock $872,100 worth of tokens.
On June 12, Aptos (APT) will unlock $38.3 million worth of tokens.
On June 15, LookRare (LOOK) will unlock $3.3 million worth of tokens.
On June 16, Flow (FLOW) will unlock $5.6 million worth of FLOW.
On June 17, ApeCoin (APE) will unlock $51.5 million worth of APE. It unlocks $13.9 million worth of tokens on ImmutableX (IMX) on the same day.
On June 19, Osmosis (OSMO) will unlock $215,400 worth of tokens.
On June 22, SPACE ID (ID) will unlock $7.7 million worth of tokens.
On June 27, Ronin (RON) will unlock $16.1 million worth of tokens. Yield Guild Games (YGG) will unlock $3.3 million worth of YGG.
On June 28, Cartesi (CTSI) will unlock CTSI worth $24,500.
Finally, these upcoming token unlock events potentially lead to increased trading volumes and price volatility. So it shows that there is a significant influx of tokens into the crypto market, such issues should be closely monitored, Important for price volatility
