This November, the crypto market is preparing for a significant event: releasing $2.68 billion worth of tokens across top blockchain projects. This massive token flow is set to impact projects like Aptos, Arbitrum, Avalanche, Optimism, and even the highly popular Memecoin.
These highly anticipated token unlocks could sway investor sentiment and spark significant volatility. Notably, this month’s unlocking event follows the release of 1.3 billion tokens in October.
According to an analysis from Tokenomist, these upcoming unlocks will follow two main distribution styles.
These release methods include both “cliff unlocks” roughly $900 million will be released into the market. While in the “linear unlocks” method, the remaining $1.7 billion will be distributed gradually over time through
The sheer volume of assets set to enter the market presents investors with both an opportunity and a risk. The event could drive momentum or create downward pressure on token prices.
This month, Memecoin (MEME) plans to release 3.45 billion tokens, valued at approximately $37.8 million, which could impact the market and investor sentiment. The release will occur in two phases. This includes an initial bulk airdrop followed by daily linear unlocks of 10 million tokens worth around $117,000 each day.
MEME is priced at $0.010 in the market, down from its 2024 high of $0.053. Concerns are that the increased supply may exceed demand, putting further pressure on the price. However, the additional token supply could also attract new interest. Memecoin’s strategy of combining immediate and gradual distribution presents risks but aims to sustain market interest as investors closely monitor this pivotal release.
Aptos (APT) is set to release 11.31 million tokens, valued at about $93 million, with allocations for core contributors ($32 million), the community ($26 million), the foundation ($11 million), and investors ($23 million). Investors are watching closely for market impacts from this unlock as APT is trading at $8.24, down by 54% from its 2024 peak.
Similarly, Avalanche (AVAX) plans to unlock 1.67 million AVAX tokens for its foundation, while Optimism will release 31.4 million tokens for core contributors and investors. These releases are expected to enhance token accessibility and influence growth plans.
In addition, Arbitrum is preparing to unlock 92.65 million tokens valued at $45 million. This follows a release of 1.1 billion tokens that caused prices to drop significantly. Now priced at $0.48, down from $2.39, the upcoming unlock will test Arbitrum’s ability to balance growth with market stability.
The post Crypto Token Unlocks Worth $2.6B Set To Hit Market This Month appeared first on TheCoinrise.com.
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