Search
Crypto News
Altcoin
Significant Token Unlocks Expected in July – One Token’s Supply to Grow by…
Significant Token Unlocks Expected in July – Full Overview Here
The crypto market is gearing up for a substantial unlock event in July. Below is the comprehensive list, along with a leading altcoin.
Author:
Mete Demiralp
06/29/2024 – 6:18 PM
Update:
10 hours ago
0
As per an analysis shared by TokenUnlocks, a cryptocurrency analysis firm, the crypto market is set to witness major token unlocks in July.
Based on the data provided, the token unlocks are projected to be evenly spread out across July, totaling over $500 million. This will result in a dilution of over $1 billion for the overall cryptocurrency market during the month.
TokenUnlocks researchers have pinpointed ALT, XAI, and WLD as the cryptocurrencies slated for significant token unlocks in July. Notably, WLD will see daily token unlocks of $18.40 million throughout the month.
The largest token unlock is expected for ALT, amounting to $127.25 million.
Here are the key token unlocks scheduled for July, listed by date:
July 1st
DYDX – $11.83 million – 3.12% of circulating supply
SUI – $53.53 million – 2.65% of circulating supply
IO – $27.23 million – 7.89% of circulating supply
July 9th
XAI – $94.52 million – 71.59% of circulating supply
July 12th
IMX – $50.66 million – 2.19% of circulating supply
APT – $79.39 million – 2.58% of circulating supply
Related News
QCP Capital Provides Insight on Bitcoin (BTC) Future – Price Forecast
July 15th
STRK – $45.32 million – 4.92% of circulating supply
July 16th
ARB – $76.08 million – 3.20% of circulating supply
AXS – $15.29 million – 1.68% of circulating supply
July 17th
APE – $16.90 million – 2.48% of circulating supply
July 19th
PIXEL – $15.26 million – 7.05% of circulating supply
July 25th
ALT – $127.25 million – 42.08% of circulating supply
*This content does not constitute investment advice.
For trading across over 300 cryptocurrencies, you can sign up with Binance exchange using this link for a 20% COMMISSION DISCOUNT!
Follow our
Telegram
and
Twitter
accounts for exclusive insights, news, and on-chain analysis!
Receive Notifications from Comments Here
Report
Get notified when a reply is made to my comment
Label
Name:
Email
Δ
Label
Name:
Email
Δ
0
Comments
Inline Feedback
View all comments