$343 Million Altcoin Week Begins: All Eyes Will Be on These Projects

Hundreds of millions of dollars worth of tokens will be unlocked in the altcoin market this week.

According to TokenUnlocks data, the circulating supply of 13 altcoin projects will increase as planned this week.

First 3 names on the list

Aptos (APT) will unlock the largest amount of tokens. Aptos will circulate $95.23 million worth of APT, corresponding to 2.58% of its total supply. According to CoinGecko data, APT started the week with a 2.6% increase.

It is followed by Arbitrum (ARB) and Starknet (STRK). Later in the week, $89 million ARB and $72.9 million STRK will be unlocked.

This corresponds to 4.92% of STRK's total supply. For ARB, this rate is 3.3%.

343 million dollars in total

The total value of the tokens to be unlocked is $343 million. The most recent lock openings will take place on the EIGEN projects with Moonbeam (GLMR).

According to TokenUnlocks data, dYdX (DYDX), Pendle (PENDLE), 1inch (1INCH), Immutable (IMX), CYBER, Render (RNDR), ApeCoin (APE) and Nym (NYM) will also be unlocked during the week.

Among them, IMX worth $50.8 million, APE worth $17.6 million, and CYBER worth $7.1 million will be unlocked.

Nym will open the lowest amount of locks. According to TokenUnlocks data, NYM worth $443 thousand will enter the market at the end of the week.