Weekly Token Unlocks Unleash $64.86M in Tokens, Including $AXS and $ARB

IconCryptoNewsTerminal Staff14 Jul, 2024

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Weekly Token Unlocks Unleash $64.86M in Tokens, Including $AXS and $ARB

This week promises a significant surge in token unlocks, with several key tokens poised to enter circulation. According to Token Unlocks, notable unlocks scheduled from July 15th to 21st include: - CYBER: 886k tokens unlocked on July 15th, worth approximately $3.81M. - RNDR: 760k tokens unlocked on July 16th, valued at roughly $4.7M. - ARB: A massive 92.65M tokens unlocked on July 16th, totaling an estimated $64.86M. - AXS: 2.45M tokens unlocked on July 16th, representing a value of $13.85M. - APE: 15.6M tokens unlocked on July 17th, worth approximately $11.54M. - MANTA: 6.67M tokens unlocked on July 18th, valued at around $5.63M. - PIXEL: 54.38M tokens unlocked on July 19th, worth an estimated $10.21M. - ENA: 14.89M tokens unlocked on July 21st, valued at approximately $5.95M. These unlocks are significant for various reasons. They can impact the market supply of the respective tokens, potentially affecting their price and liquidity. They also provide insights into the token distribution and release schedules of these projects. It's worth noting that token unlocks often garner attention from investors and traders. As such, it's crucial for market participants to stay informed about upcoming unlocks and conduct thorough research before making any investment decisions.