Key Points:
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:
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.
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