🚨Special NOTE: Token unlock schedule is July 2024

Even though there are no token unlocks worth billions of dollars like May - June, everyone still needs to pay attention to July when many top projects start paying for important rounds like Team and Investor.

Altlayer's $ALT leads with 113.6 million USD worth of unlocked tokens, causing circulating supply to spike by 42.1%.

The unlocking process may exacerbate ALT's price decline, as the token recipients are Team and Investor (Seed round and Strategy Round).

In particular, the price of tokens sold in the Seed round is 0.008 USD (x21.5 times) and the price of the Strategy round is 0.018 USD (x10 times) => It is not excluded that the funds will take profits.

👉$XAI also had similar price movements to ALT in recent months. Since the end of March, the XAI price has split 3 times.

In July, the project had a large token unlock, worth 83 million USD (equivalent to 71.6% of circulating supply).

This is also the token return round for Teams and Investors (Seed round and Strategy Round) => risk of selling pressure on XAI since July 19.

👉$WLD officially unlocks tokens for Team and Series A-B-C capital call from July 24. This is the first unlock of WLD after more than a year of circulation unchanged.

It should be noted that from July 2024, the circulating supply of WLD will increase very quickly, which may be detrimental to price increases.

👉Layer1 including APT and SUI also reached the top unlock tokens in July with unlocking values ​​of 77 million USD and 50.3 million USD respectively.

👉Ethereum's top 2 layers including ARB, STRK, OP, IMX continue to unlock tokens with a value of 20 - 70 million USD. According to the schedule, the unlocking speed of Layer2 projects will only decrease when entering the fourth quarter of 2024.