Major token unlocks this week (September 9 - September 16)

Major token unlocks this week (September 9 - September 16)

By LeftFooted | bitcoinea | 9 Sep 2024


One of the things to keep an eye on in crypto is the token unlock calendar.


On a regular basis, usually more times per week, a portion of the total supply of several tokens is unlocked, which means they become tradable.


Now there's a lot of ifs and buts.

But, broadly speaking, these token unlocks generally impact the circulating supply and therefore, potentially, the value.


There are two major token unlocks this week, Aptos (APT), Arbitrum (ARB) and Starknet (STRK).


Starting from Aptos, on September 11, 11.31 million APT will be unlocked, equivalent to 2.32 percent of the circulating supply, and equivalent to $69.44 million.

As for Starknet, on September 15, 64 million STRK tokens are set to be unlocked, equivalent fo 3.60 percent of the circulating supply, and equivalent to $27.32 million.

Lastly, on September 16, Arbitrum will unlock 3.35 million ARB tokens, equivalent to $1.72 million or 0.10 percent of the circulating supply.

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LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


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