COINOTAG reports that significant token unlocks are on the horizon this week, with APT, ARB, and STRK leading the charge. According to Token Unlocks, Aptos (APT) is set to release 11.31 million tokens on March 13th at 6:00 AM, translating to a substantial value of approximately $63.22 million and representing about 1.92% of its circulating supply. Meanwhile, Polyhedra Network (ZKJ) will unlock 17.22 million tokens on March 14th at 8:00 AM, valued at around $35.48 million, which signifies an impressive 28.52% of its current supply.
On March 15th, Starknet (STRK) plans to unlock 64 million tokens, valued at approximately $10 million, accounting for 2.33% of its circulating supply. Connex (CONX) will also release 4.33 million tokens on the same day, with an estimated value of $73.48 million, indicating an extraordinary 376.3% of its supply. Additionally, Onyxcoin (XCN) is set to unlock 296 million tokens, with a value of $3.63 million, which corresponds to 0.9% of its circulating supply.
Sei (SEI) will contribute 55.56 million tokens valued at approximately $11.18 million on March 15th at 20:00, while Arbitrum (ARB) plans a significant release of 92.65 million tokens on March 16th at 21:00, valued at about $32.60 million, making up 2.1% of its circulating supply. This week’s large-scale token releases highlight the dynamic landscape of cryptocurrency investments.
Source: https://en.coinotag.com/breakingnews/major-token-unlocks-aptos-apt-set-to-release-11-31-million-tokens-worth-63-22-million/