### Major Cryptocurrency Projects Unlocking $755M in July: What You Need to Know

July is poised for significant developments in the cryptocurrency space, with over $755 million worth of tokens scheduled to be unlocked as vesting periods conclude for more than 40 projects. This event could trigger substantial price movements and opportunities, alongside potential selling pressure for holders of these tokens.

### Biggest Token Unlocks in July

AltLayer (ALT)

- **Unlock Date:** July 25

- **Amount:** 684 million ALT tokens

- **Value:** $125 million

- **Allocation:** Team, investors, advisers, protocol development, treasury, and community

- **Current Price:** Approximately $0.18

Xai (XAI)

- **Unlock Date:** July 9

- **Amount:** Significant portion of $93 million in tokens

- **Allocation:** Team, investors, ecosystem, and reserves

- **Current Price:** Around $0.46

- **Current Price:** About $6.99

### Potential Impact and Key Dates

The release of these tokens could lead to increased selling pressure, potentially affecting their market prices. For instance, Aptos (APT) has already experienced a significant decline in price from $17.63 in April to $6.99 in June.

### Key Dates to Watch

- **July 9:** Xai (XAI) unlocks $93 million in tokens.

- **July 16:** Arbitrum (ARB) releases another $75 million in tokens.

### Other Projects Unlocking Tokens

In addition to the aforementioned projects, Arbitrum (ARB) will unlock $75 million on July 16, following previous unlocks in May ($95 million) and June ($105 million). Similar token releases are anticipated from Optimism (OP), Sui (SUI), Immutable (IMX), and Starknet (STRK) throughout July.

### Conclusion

With such substantial amounts of tokens being unlocked, it is crucial for investors to remain informed and prepared for potential market volatility. Stay updated on these developments to navigate the evolving landscape of cryptocurrency investments effectively.

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