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News

Token Unlocks Data Release Over $240 Million in Value Next Week!

June 9, 2024 - Around 2 mins mins to read

Key Points:

  • Token Unlocks data shows major releases for APT, IMX, and others, totaling over $240 million.
  • June 11: Moonbeam (GLMR) – $950K
  • June 12: Aptos (APT) – $97M, DYDX (DYDX) – $3M
  • June 14: Immutable (IMX) – $54M
  • June 15: Starknet (STRK) – $77M, CYBER (CYBER) – $7.4M
  • June 16: Render (RNDR) – $7.3M
Token Unlocks data has revealed that several prominent cryptocurrencies, including APT, IMX, and others, will undergo significant token unlock events next week.
Token Unlocks Data Release Over $240 Million in Value Next Week!

The combined release value is expected to exceed US$240 million, marking a crucial period for investors and market watchers.

Readmore: How To Make Money On Coinbase

Important Token Unlocks Data Dates and Values

Token Unlocks Data Release Over $240 Million in Value Next Week!

On June 11, Moonbeam (GLMR) will initiate the unlock sequence by releasing approximately 3.04 million tokens. This release accounts for 0.35% of its current circulating supply, translating to a value of around US$950,000.

Aptos (APT) follows with a substantial unlock on June 12. Approximately 11.31 million APT tokens will be released, accounting for 2.58% of its circulating supply. The value of this release is estimated to be about US$97 million, making it one of the most significant unlock events in this period.

DYDX (DYDX) will token unlocks data approximately 1.55 million tokens, representing 0.55% of its circulating supply and worth approximately US$3 million.

Immutable (IMX) is scheduled to unlock approximately 25.53 million tokens on June 14, which accounts for 1.72% of its current circulation. This unlock is valued at approximately US$54 million.

Starknet (STRK) will have a notable unlock event on June 15, with approximately 64 million tokens being released. This represents 4.92% of its circulating supply, valued at around US$77 million.

On June 15, CYBER (CYBER) will unlock approximately 886,000 tokens, accounting for 3.96% of its current circulation, with a value of approximately US$7.4 million.

On June 16, Render (RNDR) will unlock approximately 760,000 tokens, which is 0.2% of its circulating supply. The value of this release is estimated to be about US$7.3 million.

These token unlocks data events are significant as they can influence the market dynamics of the respective cryptocurrencies. Investors and stakeholders are advised to monitor these developments closely, as they may impact liquidity, market prices, and overall market sentiment.

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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DYDX chain

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Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
News

Token Unlocks Data Release Over $240 Million in Value Next Week!

Key Points:

  • Token Unlocks data shows major releases for APT, IMX, and others, totaling over $240 million.
  • June 11: Moonbeam (GLMR) – $950K
  • June 12: Aptos (APT) – $97M, DYDX (DYDX) – $3M
  • June 14: Immutable (IMX) – $54M
  • June 15: Starknet (STRK) – $77M, CYBER (CYBER) – $7.4M
  • June 16: Render (RNDR) – $7.3M
Token Unlocks data has revealed that several prominent cryptocurrencies, including APT, IMX, and others, will undergo significant token unlock events next week.
Token Unlocks Data Release Over $240 Million in Value Next Week!

The combined release value is expected to exceed US$240 million, marking a crucial period for investors and market watchers.

Readmore: How To Make Money On Coinbase

Important Token Unlocks Data Dates and Values

Token Unlocks Data Release Over $240 Million in Value Next Week!

On June 11, Moonbeam (GLMR) will initiate the unlock sequence by releasing approximately 3.04 million tokens. This release accounts for 0.35% of its current circulating supply, translating to a value of around US$950,000.

Aptos (APT) follows with a substantial unlock on June 12. Approximately 11.31 million APT tokens will be released, accounting for 2.58% of its circulating supply. The value of this release is estimated to be about US$97 million, making it one of the most significant unlock events in this period.

DYDX (DYDX) will token unlocks data approximately 1.55 million tokens, representing 0.55% of its circulating supply and worth approximately US$3 million.

Immutable (IMX) is scheduled to unlock approximately 25.53 million tokens on June 14, which accounts for 1.72% of its current circulation. This unlock is valued at approximately US$54 million.

Starknet (STRK) will have a notable unlock event on June 15, with approximately 64 million tokens being released. This represents 4.92% of its circulating supply, valued at around US$77 million.

On June 15, CYBER (CYBER) will unlock approximately 886,000 tokens, accounting for 3.96% of its current circulation, with a value of approximately US$7.4 million.

On June 16, Render (RNDR) will unlock approximately 760,000 tokens, which is 0.2% of its circulating supply. The value of this release is estimated to be about US$7.3 million.

These token unlocks data events are significant as they can influence the market dynamics of the respective cryptocurrencies. Investors and stakeholders are advised to monitor these developments closely, as they may impact liquidity, market prices, and overall market sentiment.

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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