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Huge Token Unlocks in July – One Token’s Supply Will Increase by 42 Percent – Here’s the Full List

source-logo  en.bitcoinsistemi.com 29 June 2024 20:18, UTC

According to an analysis shared by cryptocurrency analysis company TokenUnlocks, huge token unlocks await the crypto market in July.

According to the shared data, token lock openings appear to be distributed homogeneously throughout July and the total amount exceeds 500 million dollars. This means the overall cryptocurrency market will be diluted by more than $1 billion in July.

TokenUnlocks analysts identified ALT, XAI, and WLD as the cryptocurrencies that will experience the largest token unlocks in July. However, WLD's token unlocks will occur daily in July, with a token unlock of $18.40 million each day.

The largest token unlock will be in the ALT token with $127.25 million.

Here are the other major token unlocks planned for July, sorted by date:

July 1

DYDX – $11.83 million – 3.12% of circulating supply

SUI – $53.53 million – 2.65% of circulating supply

IO – $27.23 million – 7.89% of circulating supply

9 July

XAI – $94.52 million – 71.59% of circulating supply

1July 1

IMX – $50.66 million – 2.19% of circulating supply

12 July

APT – $79.39 million – 2.58% of circulating supply

15 July

STRK – $45.32 million – 4.92% of circulating supply

16 July

ARB – $76.08 million – 3.20% of circulating supply

AXS – $15.29 million – 1.68% of circulating supply

17 July

APE – $16.90 million – 2.48% of circulating supply

19 July

PIXEL – $15.26 million – 7.05% of circulating supply

25 July

ALT – $127.25 million – 42.08% of circulating supply

*This is not investment advice.

en.bitcoinsistemi.com