Upcoming Unlocking Of APE And APT Tokens: Over $74 Million Worth To Be Released
- Over $74 million worth of APE and APT tokens are set to be unlocked next week, with APT releasing 4.54 million tokens on September 12 and APE releasing 40.6 million tokens on September 17.
- These unlocking events are significant for the APT and APE projects and will impact liquidity and trading dynamics, drawing attention from investors and enthusiasts in the cryptocurrency space.
In the coming week, APE and APT are set to unlock a substantial number of tokens, collectively valued at over $74 million, according to TokenUnlock data.
On September 12, Aptos (APT) will release approximately 4.54 million APT tokens, equivalent to an estimated value of $23.85 million. This unlocking event represents nearly 1.98% of the circulating supply of APT tokens.
Subsequently, on September 17, ApeCoin will unlock a significant amount of tokens, with approximately 40.6 million tokens scheduled for release. This substantial unlocking event carries an approximate value of $51.6 million, accounting for approximately 11.02% of the circulating supply.
These unlocking events are significant milestones for both APE and APT projects, as they provide liquidity and access to these digital assets for token holders and investors. It’s essential for token holders to be aware of such unlocking events, as they can impact the supply-demand dynamics and potentially influence token prices.
Investors and enthusiasts of APE and APT will be closely monitoring these token releases, as they can provide insights into the projects’ progress and development. The unlocking of tokens often signifies key moments in a project’s journey and can have implications for market sentiment and trading activity.