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Aptos (APT) leads the $451 million token unlock this week

According to TokenUnlocks data, over $451 million worth of tokens are scheduled to be released between October 8 and October 14, 2024. Aptos (APT) is set to release the largest amount of tokens, with 11.31 million APT worth approximately $99.30 million unlocking. This represents 2.25% of APT’s circulating supply and could potentially impact its price. Other projects like Optimism (OP), TAIKO, XAI, and Cardano (ADA) also have token unlocks scheduled, ranging from 0.05% to 15.62% of their circulating supplies. Additionally, some projects have linear token releases scheduled, with Solana (SOL) leading this category. The $451 million worth of token unlocks scheduled for this week could potentially impact the market prices of these cryptocurrencies.

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