Major Token Unlocks Expected Next Week, Totaling Around $400 Million
According to PANews, data from Token Unlocks indicates that next week will see a significant one-time unlocking of tokens such as MEME, OP, DYDX, and ENA, with a total release value of approximately $400 million.
Optimism (OP) is set to unlock about 24.16 million tokens, representing 2.31% of the circulating supply, valued at approximately $56 million, at noon on April 29 Beijing time. Sui (SUI) will unlock about 4 million tokens, accounting for 0.31% of the circulating supply, valued at approximately $4.68 million, at 8 a.m. on April 30 Beijing time.
Echelon Prime (PRIME) will unlock about 1.66 million tokens, representing 4.43% of the circulating supply, valued at approximately $30 million, at 8 a.m. on April 30 Beijing time. dydx (DYDX) will unlock about 33.33 million tokens, accounting for 10.72% of the circulating supply, valued at approximately $71 million, at 8 a.m. on May 1 Beijing time.
ZetaChain (ZETA) will unlock about 5.29 million tokens, representing 2.24% of the circulating supply, valued at approximately $6.2 million, at 8 a.m. on May 1 Beijing time. Manta Network (MANTA) will unlock about 1.87 million tokens, accounting for 0.75% of the circulating supply, valued at approximately $3.25 million, at 7:59 a.m. on May 1 Beijing time.
Acala (ACA) will unlock about 27.43 million tokens, representing 2.85% of the circulating supply, valued at approximately $3 million, at 3 p.m. on May 1 Beijing time. Tornado Cash (TORN) will unlock about 91,000 tokens, accounting for 2.41% of the circulating supply, valued at approximately $250,000, at 11:30 a.m. on May 1 Beijing time.
Ethena (ENA) will unlock about 33.33 million tokens, representing 3.76% of the circulating supply, valued at approximately $44 million, at 7 a.m. on May 2 Beijing time. Memecoin (MEME) will unlock about 53.1 billion tokens, accounting for 31.94% of the circulating supply, valued at approximately $150 million, at 3:30 p.m. on May 3 Beijing time.
Nym (NYM) will unlock about 45.63 million tokens, representing 6.36% of the circulating supply, valued at approximately $8 million, at 8 a.m. on May 3 Beijing time. Galxe (GAL) will unlock about 5.18 million tokens, accounting for 5.76% of the circulating supply, valued at approximately $23.5 million, at 8 a.m. on May 5 Beijing time.
Liquity (LQTY) will unlock about 657,000 tokens, representing 0.69% of the circulating supply, valued at approximately $710,000, at 8 a.m. on May 5 Beijing time. The data is accurate as of 9 p.m. on April 28 Beijing time.