Aptos (APT) & StarkNet (STRK) Uncertain.
Angpau: BPUOMMTCOL
This week there are two protocols that will perform token unlocking, namely Aptos (APT) and StarkNet (STRK). APT will unlock 11.3 million tokens or around 2.58% of total circulation on June 12, 2024. This amount is equivalent to $96 million that will be unlocked for investors and the Aptos team.
Meanwhile, STRK will unlock 64 million tokens or around 4.92% of the total circulation on June 15 2024. With STRK's current valuation, namely $1.14, the token unlock is equivalent to $72.96 million.
The additional supply of tokens could trigger volatility in APT and STRK prices in the short term. Moreover, the tokens are released to the development team and investors who can immediately sell the tokens. However, if it turns out that the emerging demand can compensate or the selling pressure is not significant, it could be that APT and STRK prices will stagnate or strengthen slightly.
