The largest:
$ARB - $106M June 16
$APT - $105M June 12
$UNI - $91M June 16
$STRK - $78M June 15
Others:
$DYDX - $67M June 1
$SEI - $65M June 15
$IMX - $57M June 14
$MERL - $42M June 19
$ENS - 38M June 8
$ALT - $34M June 25
$AXL - $28M June 27
$PORTAL - $26M June 29
$MANTA - $25M June 18
$GMT - $24M June 9
$LMWR - $22M June 16
$PIXEL - $22M June 19
$APE - $20M June 17
$ZK - $20M June 19
💡Some Insights
Many large L2 projects based on Ethereum are preparing to launch in the near future:
- Eigenlayer
- Blast
- Linea
- ZkSync
- Scroll
This creates a market capitalization estimate for new projects of $70 billion.
Based on a Token Unlocks report, approximately tokens worth US$44 billion are expected to become unlocked in 2024. And a total of US$155B will be unlocked in the next few years.
Be prepared for more volatility, a surge in supply, chances for strategic trading, shifts in sentiment, and long-term effects of new tokens flooding the market.
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