Token unlocks refer to the release of previously locked or vested tokens during a cryptocurrency's launch, which can increase liquidity but also lead to price volatility. This week, there will be significant token unlocks for three major projects: Optimism, Aptos, and Taiko. These projects follow a cliff unlock mechanism, releasing a large number of tokens at once. Aptos has the most significant unlock, with 11.3 million APT tokens worth about $99.75 million. Taiko's unlock is also noteworthy, as it will unlock a larger portion of its circulating supply in a single event. Monitoring these unlocks is important for investors, especially retail investors who may bear the risk of liquidity as tokens are unlocked.
- Content Editor ( newsbtc.com )
- 2024-10-07
Optimism, Aptos, And Taiko Face $169.66 Million In Token Unlocks, Should You Buy Or Sell?