June Preview: $100 Million Tokens Unlocked from Arbitrum and Aptos, APE, OP and More

adminJune 3, 2024

June promises to be another important month for token unlocks in the cryptocurrency world. Because important projects unlock $650 million worth of tokens at current prices.

The majority of that amount consists of unlocking $100 million of the double. Ethereum ETH

-1.55%
layer 2 network decision ARB

-2.86%
buzzing layer 1 apartment appropriate

-2.62%
However, various projects and protocols are planning to unlock their tokens in June. Here are all the important unlocks scheduled for this month: Unlock token data.

Aptos: June 12, $100 million

Aptos, one of two projects primarily involving former members of Facebook’s Libra currency project (the other is Sui), locked 11.31 million tokens, or 2.59% of the circulating supply, on May 12, with a current value of about $100 million. It is scheduled to be released.

ImmutableX: June 14, $55 million

Web3 gaming company InvariantX small business

-3.49%
On June 13th, 25.5 million tokens, or 1.72% of the circulating supply, will be unlocked with a current value of $55 million. VanEck said. last december The launch of Web3 games is illubium ILV

-2.88%
ImmutableX could grow into the top 25 tokens by market capitalization in 2024.

Starknet: June 15, $75 million

starknet strong

+1.81%
Ethereum Layer 2 Network It unveiled its 2024 roadmap in March, pledged to improve throughput and lower transaction fees, and plans to unlock 64 million tokens, equivalent to 5.6% of the token’s circulating supply, on June 15. The current token value is approximately $75 million.

Decision: June 16, $103 million

Arbitrum, which recently became the first layer 2 network to reach $150 billion in total trading volume on Uniswap, is set to unlock 3.2% of its circulating supply on June 16. The current value of 92.6 million tokens is approximately $130 million.

Space ID: June 22, $56 million

space ID

-1.45%
The protocol, which aims to be a one-stop shop for various on-chain domains, will unlock an additional 18.3% of its circulating supply on June 22nd as part of its regular token unlock schedule. The current value of 78.5 million tokens is approximately $56. million.

Optimism: June 30, $77 million

optimism OP

-4.52%
We recently launched support for layer 3 chains. Joining Superchain will unlock 31.3 million tokens worth approximately $77 million on June 30th. This corresponds to 2.9% of the token’s circulating supply. Optimism recently passed a threshold requiring 25% of its tokens to be unlocked, with three-quarters remaining locked.

Other important unlocks

June 17: Ape Coin monkey

-2.55%
It unlocks 2.5% of the circulating supply, or 15.6 million tokens, worth about $20 million at current prices.

June 19: Pixels unlocks 7% of the circulating supply, or 54 million tokens, worth about $25 million at current prices.

June 25: AltLayer unlocks 6.9% of the circulating supply, or 105 million tokens, worth about $36 million at current prices.

June 30: Echelon Prime Early

-3.57%
It unlocks 4% of the circulating supply, or 1.7 million tokens, worth about $28 million at current prices.

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adminJune 3, 2024