Top 7 token unlocks in the last week of July
This week will see the unlocking of significant amounts of tokens of various projects, which may affect the cryptocurrency market. According to CryptoRank, the total volume of unfrozen digital currencies will amount to about $488 million. For example, AltLayer (ALT) developers will unfreeze assets worth $106.63 million.
According to the data, 683.96 million ATL tokens will be unlocked on July 25. This represents 6.84% of the total volume. The fully diluted capitalization of the project (FDV) reaches $1.56 billion.
Project Ronin (RON) will unlock 35.71 million tokens on July 27, worth $82.97 million. This represents 3.57% of the total volume of tokens. The total asset supply (FDV) reaches $2.32 billion. The share of unlocked tokens will reach 49.2%.
Axelar (AXL) will unfreeze 25.81 million tokens on July 27 for $19.45 million, representing 2.23% of the cryptocurrency's total volume. FDV reaches $871 million. The percentage of unlocked tokens will be 49.1%.
GateToken (GT) will unfreeze 2 million tokens on July 26, worth $15.77 million. This will account for 0.67% of its total assets. The total capitalization (FDV) reaches a value of $2.36 billion. The percentage of unlocked tokens will be 34.3%.
Project Maverick (MAV) will float 51.87 million tokens on July 28 for a value of $11.91 million. This equates to 2.59% of the total volume with an FDV of $457 million. The percentage of unlocked assets will be 15.2%.
SPACE ID (ID) will unfreeze 18.49 million tokens on July 22 for $8.85 million, which equates to 0.93% of the total volume. The total cryptocurrency supply (FDV) reaches $956 million. The percentage of unlocked tokens is 31.7%. Finally, the Worldcoin (WLD) project completes the list with 3.2 million tokens unlocked on July 21 for $8 million, representing 0.03% of the FDV of $25.1 billion. The percentage of unlocked tokens will be 16.6%.