cryptopolitan.com
The cryptocurrency market faces another week of token unlocks, with releases valued at more than $513 million scheduled between December 23 and December 30.
Immutable ($IMX) leads the cliff unlocks with a release worth $32.36 million, while Worldcoin ($WLD) continues to dominate the linear unlocks at $81.53 million. This wave of unlocks comes during a period of market volatility, as Bitcoin and other major cryptocurrencies experienced price corrections from recent highs.
$IMX leads large cliff unlocks
According to Tokenomist, Immutable ($IMX) leads in terms of the largest token unlock by value this week, with 24.52 million tokens worth $32.36 million scheduled for release. This unlock represents 1.45% of $IMX’s circulating supply.
Following $IMX, is Beldex ($BDX), with the second-largest cliff unlock, with 330.63 million tokens valued at $25.59 million entering circulation. This release will increase $BDX’s circulating supply by 4.78%.
Cardano (ADA) follows with an 18.53 million token unlock worth $16.32 million, though its impact on circulating supply remains minimal at 0.05%.
$APEX Protocol ($APEX) faces one of the most substantial supply increases, with 9.24 million tokens worth $14.23 million being unlocked. This represents a 19.04% increase in circulating supply. Elrond eGold (ENA) will release 12.86 million tokens valued at $13.53 million, adding 0.44% to its supply.
Yield Guild Games (YGG) follows with 14.08 million tokens worth $6.81 million, increasing supply by 3.49%. Tribal Token (TRIBL) will unlock 22.07 million tokens valued at $6.42 million, representing 15.38% of supply. AI Technology (AITECH) rounds out the major cliff unlocks with 57.95 million tokens worth $5.11 million, adding 5.36% to its circulating supply.
Worldcoin still leads linear unlocks
Worldcoin ($WLD) maintains its position as the largest linear unlock for another week, with 37.23 million tokens valued at $81.53 million set for release. This unlock will increase $WLD’s circulating supply by 4.67%, continuing the project’s scheduled token distribution.
Solana (SOL) follows with a smaller but valuable unlock of 490,740 tokens worth $88.20 million, representing just 0.10% of its circulating supply. The next tier of linear unlocks features several major blockchain platforms.
$TIA Protocol ($TIA) will release 6.99 million tokens worth $35.99 million (1.52% of supply), while Dogecoin (DOGE) schedules an unlock of 94.47 million tokens valued at $29.37 million (0.06% of supply).
Avalanche (AVAX) continues its distribution with 700,000 tokens worth $25.45 million (0.17% of supply), and $TAO Protocol ($TAO) will unlock 50.40 million tokens valued at $22.82 million (0.68% of supply).
Additional linear unlocks include Polkadot (DOT) with 2.81 million tokens ($19.18 million, 0.18% of supply), $NEAR Protocol ($NEAR) at 2.97 million tokens ($14.98 million, 0.24% of supply), and $SEI Network ($SEI) with 26.97 million tokens ($11.33 million, 0.64% of supply).
The schedule continues with Filecoin (FIL) unlocking 2.24 million tokens ($10.88 million, 0.37% of supply), Sui Network (SUI) releasing 4.13 million tokens ($17.98 million, 0.14% of supply), and $JTO Protocol ($JTO) with 4.20 million tokens ($12.36 million, 1.54% of supply).
Finally, Elastic Network (ENS) will release 309,190 tokens ($10.49 million, 0.93% of supply), and $MOCA Token ($MOCA) will unlock 44.08 million tokens ($12.25 million, 2.85% of supply).
Less popular token unlocks
Several smaller market capitalization projects face notable token unlocks in the coming days. Exverse (EXVG) is preparing to release 12.59 million tokens worth $250,866, representing 3.15% of its total locked supply. The project currently shows 26.33% unlock progress and has experienced a 10% price decline in the past 24 hours.
PLEXUS Token (PLX) will unlock 9.87 million tokens valued at $147,850, adding 1.97% to the total locked supply. With an unlock progress of 48.21%, the project is approaching the halfway point of its vesting schedule.
Lootex (LOOT) follows with a smaller unlock of 1.03 million tokens worth $23,085, accounting for 1.03% of locked tokens, while showing significant unlock progress at 53.44%.
Token IN (TIN) and Xend Finance (RWA) round out the notable unlocks. TIN will release 1.2 million tokens valued at $30,332 (1.20% of total locked), showing strong recent performance with a 14.59% price increase.
RWA’s upcoming unlock of 2.43 million tokens worth $101,219 represents 1.21% of the total locked supply, with the project showing the highest unlock progress at 95.10% among this group.
A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.