10 cryptocurrencies are counting down the days to their big unlocks: Important dates

In January, $600 million worth of tokens will be circulated across 10 projects. This process, called "unlocking", will be carefully followed by investors due to its potential to suppress prices in the relevant cryptocurrencies.

Will start with $29 million SUI

According to TokenUnlocks data, 34 million 620 thousand SUI, worth 28 million 680 thousand dollars, will be unlocked tomorrow at 06:00 Turkey time. The amount corresponds to 3.14 percent of the circulating supply.

Unlocking will continue with Galxe

In terms of its ratio to the amount in circulation, Galxe will also see a significant unlock. 3 million tokens worth $7 million will be released in the token, which is traded under the code GAL. These tokens account for 3.34% of the circulating supply.

5.15% of the supply will be unlocked on Hashflow

On Hashflow, which is unlocked on the 7th of every month, 5.15% of the circulating supply will be available at 06:00 on January 7. In total, 14,580,000 tokens worth $5,660,000 will be unlocked.

The largest amount is in Aptos

In January, the biggest unlock will be on Aptos' APT token. 24 million 840 thousand APT worth 244 million 700 thousand dollars will be put into circulation on January 12 at 07.59. The amount to be unlocked is noteworthy, amounting to 8.07 percent of the circulating supply.

8.51 percent of the supply will enter circulation in CYBER

In CyberConnect, which is unlocked in the middle of each month, 1 million 260 thousand CYBER worth 8 million 630 thousand dollars will be circulated on January 14 this month. This amount of tokens accounts for 8.51% of the circulating supply. The unlocking will take place at 8:24 a.m.

15 million tokens will be unlocked in APE

Another important unlocking is in ApeCoin (APE). On January 17 at 06:00, 15 million 600 thousand tokens worth 26 million dollars will be unlocked. The amount is 4.23 percent of the circulating supply.

APE will be followed by AXS

APE will be followed by Axie Infinity (AXS) on January 18. In AXS, 3 million 430 thousand tokens worth about $31 million will be unlocked. The amount is equivalent to 2.54 percent of the circulating supply, and the unlocking will take place at 07.10.

The second largest unlocking is in INJ

In January, the second biggest unlock, after Aptos, will take place in Injective. In INJ, which had a very good year and closed 2023 with an increase of 2890 percent, 3 million 670 thousand tokens worth 142 million dollars will be unlocked on January 21 at 06.00. The amount to be unlocked corresponds to 4.35 percent of the circulating supply.

12.37 percent of supply unlocks in Space ID

A day later, in the Space ID project, there is also an important expansion in terms of the ratio of circulating supply. 53,370,000 ID tokens worth $16 million will be available on January 22 at 06:00. The quantity accounts for 12.37 percent of the circulating supply.

The last big unlock is in Optimism

The last major unlocking of January will be at Optimism. On January 30 at 10:00 a.m., 24,160,000 tokens worth $90 million will be unlocked. The amount is 2.65 percent of the circulating supply.

Published: January 1, 2024 22:30