Analysis

Token Unlocks Alert: Over $80.77 Million Worth Of Crypto Released This Week

Key Points:

  • Token Unlocks: Over $80.77m worth of tokens are scheduled to release this week.
  • ApeCoin will release nearly 11% of their circulating supply.
Token Unlocks shows that over $80.77m worth of tokens are scheduled to be released, with ApeCoin releasing nearly 11% of their circulating supply.

This week has been a big one for cryptocurrency as over $80.77 million worth of tokens are scheduled to be released. The unlocking events for these tokens are expected to have a significant impact on their respective markets. Here are the highlights for some of the tokens being released:

  • APE: 11.0% – $49.53m
  • FLOW: 0.7% – $2.97m
  • APT: 2.0% – $23.49m
  • LDO: 0.2% – $2.22m
  • SWEAT: 2.9% – $1.69m
  • EUL: 0.8% – $405k
Source: TokenUnlocks

These unlocking events represent a percentage of each token’s circulating supply. For example, on September 12, Aptos (APT) will release approximately 4.54 million APT tokens, equivalent to an estimated value of $23.49 million. (1.98% of the circulating supply of APT tokens.)

On September 13, Sweatcoin (Sweat Economy) will release approximately 227.15 million SWEAT tokens, equivalent to an estimated value of $1.69 million. This unlocking event represents nearly 2.92% of the circulating supply of SWEAT tokens. Similarly, on September 13, Lido DAO will release approximately 1.50 million LDO tokens, equivalent to an estimated value of $2.21 million. (0.17% of the circulating supply of APT tokens.)

On September 14, Euler will release approximately 155.39k million EUL tokens, equivalent to an estimated value of $405.55k. This unlocking event represents nearly 0.83% of the circulating supply of EUL tokens. On September 16, Flow will release approximately 7.29 million FLOW tokens, equivalent to an estimated value of $2.97 million. (0.70% of the circulating supply of FLOW tokens.)

Finally, on September 17, ApeCoin will release approximately 40.60 million APE tokens, equivalent to an estimated value of $49.53 million. (nearly 11.02% of the circulating supply of APE tokens.)

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Thana

I am a news editor at Coincu, where I produce daily editorial packages and manage the knowledge and review article sections. Before journalism, I earned a Bachelor's degree in Global Logistics and Supply Chain Management from Northampton University and studied news journalism at Press Association Training.

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