The 3 essential token unlocks you should watch this week

Token unlocks release previously restricted tokens under fundraising agreements. Projects strategically plan these releases to reduce market pressure and maintain token prices.

Pay attention to these three important token unlocks happening next week.

Aptos (APT)

Unlock date: December 11

Number of tokens unlocked: 11.31 million APT

Current circulating supply: 535.76 million APT

Aptos operates as a Layer 1 blockchain designed to provide a secure and scalable foundation for decentralized applications. Prioritizing security and performance, it leverages advanced technologies to enhance the blockchain experience. While it is widely regarded as a successful blockchain project, Aptos has faced criticism for its venture capital-driven tokenomics.

Read more: Aptos (APT): Is it really a “Solana Killer”?

Currently, a large portion of APT tokens remain locked. On December 11, the project will release 11.31 million APT tokens to community members, key contributors, and investors.

Starknet (STRK)

Unlock date: December 15

Number of tokens unlocked: 64 million STRK

Current circulating supply: 2.25 billion STRK

Starknet is building a Layer 2 ZK-Rollup solution to enhance the scalability of decentralized applications on Ethereum. After completing a successful funding round, the team launched the STRK token, a key element in the decentralization of the network.

Unlocking STRK. Source: Tokenomist

On December 15, the project will unlock 64 million STRK tokens, allocating them to early investors and contributors.

Sei (SEI)

Unlock date: December 15

Number of tokens unlocked: 55.56 million SEI

Current circulating supply: 3.98 billion #TokenDiamantina #binancecryptobox #BinanceSquareFamily #Altacoins #IA