5 Token Unlocks to Watch Next Week

5 Token Unlocks to Watch Next Week

Key token unlock events next week include Axie Infinity, Starknet, EigenLayer, Arbitrum, and ApeCoin. These projects will release previously locked tokens, with a total value exceeding $219 million, which may lead to significant price fluctuations.

1. Axie Infinity (AXS)

Unlock Date: October 14

Tokens Unlocked: 9.25 million AXS

Impact: Distributed to stakers and the team.

2. Starknet (STRK)

Unlock Date: October 15

Tokens Unlocked: 64 million STRK

Impact: Distributed to investors and contributors.

3. EigenLayer (EIGEN)

Unlock Date: October 15

Tokens Unlocked: 11.22 million EIGEN

Impact: Likely minimal price impact as tokens are for community initiatives.

4. Arbitrum (ARB)

Unlock Date: October 16

Tokens Unlocked: 92.65 million ARB

Impact: Distributed to the team, advisors, and investors.

5. ApeCoin (APE)

Unlock Date: October 17

Tokens Unlocked: 15.6 million APE

Impact: Historically, large unlocks have led to price drops.