TLDR
- Token unlocks this week exceed $566 million across multiple crypto projects.
- HYPE leads with a one-time unlock of $318.17 million, representing 3.66% of its circulating supply.
- KMNO will release 230 million tokens worth $11.96 million, the highest supply percentage at 6.92%.
- SOL tops daily linear unlocks, releasing $65.06 million in value from 490,350 tokens.
- Daily linear unlocks across SOL, TRUMP, WLD, DOGE, AVAX, and others total over $179 million in value.
A total of over $566 million in token unlocks is scheduled across several crypto projects between November 24 and December 1. As per the Coingecko data, the activity includes both one-time cliff unlocks and daily linear releases. Unlocks from HYPE, SOL, KMNO, and TRUMP lead in total value during the period.
One-Time Token Unlocks Lead With HYPE, KMNO, and XPL
A deeper analysis of the token unlocks confirms that HYPE accounts for the highest-value one-time token unlock, releasing 9.9 million tokens valued at $318.17 million. This represents 3.66% of its circulating supply. KMNO follows with 230 million tokens worth $11.96 million, making up 6.92% of its supply, the highest percentage in this group.
XPL is unlocking 89 million tokens valued at $17.20 million, which accounts for 4.71% of its supply. ZORA will release 170 million tokens worth $8.67 million, representing 3.73%. H is scheduled to unlock 63 million tokens totaling $7.44 million, or 3.42%.
SAHARA will do a token unlock of 84 million tokens valued at $6.65 million, amounting to 3.54% of the supply. OP’s unlock totals 31 million tokens valued at $9.49 million, or 1.65%, while JUP will release 53 million tokens worth $12.62 million, or 1.66%.
Linear Unlocks to Release Over $179 Million in Nine Projects
SOL leads the daily linear token unlocks with 490,350 tokens valued at $65.06 million, making up 0.09% of supply. TRUMP will unlock 4.89 million tokens worth $31.25 million, which equals 2.45%.
WLD follows with 37.23 million tokens unlocks valued at $23.03 million, representing 1.59%. DOGE will release 95.51 million tokens worth $14.10 million, or 0.06%. ASTER’s daily unlock totals 10.28 million tokens worth $11.52 million, equal to 0.52%.
AVAX will unlock 700,000 tokens valued at $9.38 million, representing 0.16%. TAO’s release totals 25,200 tokens worth $7.50 million, or 1.45%. ZEC will unlock 11,030 tokens valued at $6.42 million (0.07%), while ETHFI will release 8.53 million tokens worth $5.99 million (1.40%).
The post Over $566 Million in Token Unlocks Scheduled Across Crypto Projects This Week appeared first on Blockonomi.
Source: https://blockonomi.com/over-566-million-in-token-unlocks-scheduled-across-crypto-projects-this-week/