Cryptocurrency

$588M worth of unlocks scheduled for February

According to data from Token Unlocks, the token unlock is scheduled for February, with $588.4 million worth of tokens in circulation.

1inch (1INCH), Moonbeam (GLMR), Aptos (APT), ApeCoin (APE), and Tornado Cash (TORN) are among the 17 projects scheduled to unlock this month. unlock token.

Top 3 biggest unlocks

The Sandbox (SAND) unlocks scheduled for February 14th will be the most valuable of the month. This project will release 12.419% of the total supply. This equates to over 372 million of his SAND tokens worth approximately $266 million.

BitDao (BIT) will host the second most valuable unlock of the month with 187 million BIT tokens in circulation on February 15th. This equates to $97 million. Finally, the APT unlock scheduled for February 12 will put $75 million worth of APT tokens in circulation, making it the third largest unlock of the month.

Other unlocks by date

The first unlock of the month will be 1INCH on the first day of the month. The project will have 64,286 tokens in circulation at a price of $32,566.

Galxe (GAL), NYM, and X2Y2 follow 1INCH and are scheduled to unlock on February 2, 3, and 4, respectively. GAL will release $436,538 worth of tokens, while NYM and X2Y2 will unlock $23 million and $5 million respectively. X2Y2 will be unlocked daily, releasing $109,964 worth of tokens per day.

On February 6th, TORN will release 175,000 tokens worth just over $1 million. Four days later, on February 10, GLMR will release his 3 million tokens, adding another $1.3 million to circulation. GLMR will release $90,396 daily until the total unlocked amount is reached.

SweatEconomy (SWEAT) launches on February 13, following GLMR, with a total of 129 million tokens worth $1.9 million by unlocking $97,116 worth of tokens per day. release.

dYdX (DYDX) and Euler are scheduled to unlock on February 14th and 15th, releasing tokens worth $19 million and $496,792 respectively. The APE unlock is scheduled for February 17th, with $42 million worth of APE tokens in circulation.

Acala (ACA) and ImmutableX (IMX) are both scheduled to unlock on February 25th, releasing $615,996 and $13.2 million worth of tokens respectively. The total unlocked amount of IMX will be partially released every day at $485,245.

The final unlock for the month comes from the Ronin and Yield Guild Games (YGG) scheduled for February 27th. token.

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