Find Out Top 5 Token Unlocks of December 2024
The crypto market is set to see several major token unlocks this month, with $5.08 billion worth of assets expected to be released in December.
BeInCrypto highlights the top five cliff unlocks that will bring an influx of tokens to the market.
November Token Unlocks: What to Expect
Tokenomist (formerly Token Unlocks) reported that $1.99 billion in token unlocks in December were classified as cliff unlock. In these events, tokens are released on a regular basis—such as weekly, monthly, or yearly—rather than daily.
Investors and traders pay close attention to token unlocks as they introduce previously locked tokens into circulation, affecting market dynamics. While these events can create growth opportunities, they also carry the risk of increased selling pressure.
This month’s most notable cliffhanger unlocks include Sui (SUI), JTO, Aptos (easy), Decide (ARB) and optimism (OP).
Sui (Sui)
December 1, Sui 64.19 million tokens will be unlocked, worth $221.47 million at current prices. The distribution of these tokens is as follows:
- Series A: 19.84 million SUI (USD 68.44 million)
- Series B: 19.32 million SUI (USD 66.66 million)
- Community Reserve: 12.63 million SUI (43.57 million USD)
- Early contributors: 10.34 million SUI ($35.67 million)
- Mysten Labs coffers: 2.07 million SUI ($7.14 million)
JTO
December 7, Guito It plans to issue 135.71 million tokens, worth approximately $498 million. This unlocking will exceed JTO’s existing circulating supply. Tokens are distributed as follows:
- Core contributors: 81.67 million JTOs ($299.72 million)
- Investors: 54.05 million JTO ($198.35 million)
Aptos (APT)
apartment 11.31 million APT tokens will be unlocked on December 11, accounting for 2.12% of its total supply. The total value of these tokens is $149.85 million. The allocation is as follows:
- Foundation: 1.33 million APTs ($17.56 million)
- Community: 3.21 million APTs ($42.28 million)
- Core contributors: 3.96 million APTs ($52.13 million)
- Investors: 2.81 million APT ($36.98 million)
Arbitrage (ARB)
December 16, Decide 92.65 million ARB tokens will be issued, worth $88.8 million. This major unlock accounts for 2.26% of ARB’s circulating supply. The distribution of these tokens is as follows:
- Team, Future Team and Advisors: 56.13 million ARB ($53.79 million)
- Investors: 36.52 million ARB ($35 million)
Optimism (OP)
December 31, optimism 31.34 million tokens will be unlocked. These tokens are worth approximately $75.85 million and represent 2.50% of its circulating supply. The newly posted OP assignments are as follows:
- Investors: 14.8 million OP (35.82 million US dollars)
- Core contributors: 16.54 million OP ($40.03 million)
In addition to these major events, the market will also see cliff token unlocks from other notable projects in December, including Cardano (ADA), ZetaChain (ZETA), Immutable (Small and medium enterprises), ape coin (ape), Starknet (STRK) and Sei (SEI).
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