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Arbitrum (ARB) leads $843 million token unlocks this week

Author: Content Editor
According to Tokenomist, token unlocks worth approximately $843 million are set to hit the cryptocurrency market between December 16 and December 23. The releases are divided into two categories: cliff unlocks and linear unlocks. ARB token, led by Arbitrum, represents the largest cliff unlock event with 92.65 million tokens valued at $96.81 million. Other notable cliff unlocks include Mars Protocol (MRS), Space ID (ID), ApeCoin (APE), QAI Token (QAI), Cardano (ADA), Elrond eGold (ENA), Mura token (MURA), Pixel (PIXEL), Prime (PRIME), Eigen Layer (EIGEN), Karrat Protocol (KARRAT), ACE, and CATI Protocol (CATI). The linear unlock schedule is led by Worldcoin (WLD) and Solana (SOL). Other significant linear unlocks include TIA Protocol (TIA), Dogecoin (DOGE), Avalanche (AVAX), TAO Protocol (TAO), Polkadot (DOT), NEAR Protocol (NEAR), SEI Network (SEI), and Filecoin (FIL). SuperRare (RARE) is set to release 13.34 million tokens, and Nuklai (NAI), MerlinStarter (MSTAR), and Stargate Finance (STG) are also included in the upcoming unlocks. The coordinated token unlocks may affect the prices of the respective coins.

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