Token Unlocks to Watch Next Week: OP, APT and More
Token unlocking releases restricted tokens previously associated with the fundraising protocol. The project arranges these activities strategically to limit market pressure and stabilize prices.
Here are five big tokens scheduled to be unlocked next week.
Athena(ENA)
- Unlock date: January 8
- Number of unlocked tokens: 12.86 million ENA
- Current circulation: 3.03 billion ENA
athenaa synthetic currency protocol on Ethereum that provides Bank independent solution and provides users around the world with a U.S. dollar-linked savings instrument called an “Internet Bond.”
thisis the protocol’s native token, enabling holders to participate in governance. On January 8, Ethena will unlock more than 12 million ENA tokens, worth $16.21 million, earmarked for ecosystem development.
Movement (moving)
- Unlock date: January 9
- Number of unlocked tokens: 50 million MOVE
- Current circulation: 2.25 billion MOVE
Movement is a blockchain platform that enhances the capabilities of Ethereum by using the Move programming language, which was originally created by Meta (formerly Facebook). This technology helps make blockchain more secure, scalable, and compatible with other systems.
On January 9th, Movement will release 50 million coins move Tokens. The project will use these tokens to grow the ecosystem and support the community.
Optimism (OP)
- Unlock date: January 9
- Number of unlocked tokens: 4.47 million OP
- Current circulation: 1.35 billion OP
Optimism, a Layer 2 expansion solutionspeeding up transactions and reducing costs on Ethereum. Its OP token is critical to governance, allowing holders to vote on proposals and influence the future of the network.
On January 9, Optimism will issue 4.47 million OP tokens and distribute them to seed funds.
Aptos (APT)
- Unlock date: January 11
- Number of unlocked tokens: 11.31 million easy
- Current circulation: 558.49 million coins easy
apartment is a layer-1 blockchain designed to provide a secure and scalable platform for decentralized applications. It focuses on high performance and Safety Enhance the blockchain experience. Despite its success, some critics have expressed concerns about its venture capital-driven approach Tokenomics.
On January 11, Aptos will issue 11.31 million APT tokens to community members, core contributors and investors.
io.net (IO)
- Unlock date: January 11
- Number of unlocked tokens: 3.22 million IO
- Current circulation: 128.83 million IO
Internet of things is a decentralized GPU network designed to provide computing power for artificial intelligence and artificial intelligence machine learning app. It aggregates underutilized GPUs from various sources to provide developers with scalable and cost-effective solutions.
On January 11, io.net plans to unlock approximately 3.22 million IO tokens, accounting for approximately 2.50% of the circulating supply. These tokens are allocated for community and ecosystem development.
Next week’s cliff token unlocks will also include Eigen Layer (EIGEN), Moca Network (MOCA), and Render (RNDR), with a total value of over $280 million.
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