An estimated $495 million worth of tokens are expected to be unlocked in August, potentially impacting asset prices.#Sandboxwill issue 332.55 million SAND tokens, representing 17.19% of its circulating supply.
Approximately 30 projects are scheduled to unlock tokens in August, adding potential selling pressure of approximately $495 million. The price of investment assets depends on supply and demand.
If the share of supply increases and demand remains the same or decreases, the price falls. Conversely, if demand increases and supply remains the same or decreases, the price will rise.
A new offer is presented at the time of unlocking the tokens. However, demand may not necessarily increase. Therefore, in general cases, this has a negative impact on the price.
There are also plans to unlock several other projects in August, including Optimism (OP), #Aptos (APT), #ApeCoin (APE), and #dYdX .
