The crypto market is Preparing for one of its biggest token unlock events in 2024, with around $3.46 billion worth of tokens from major crypto projects set to be released in October 2024.
According to the Token Unlock data, October 2024 is gearing up to bring many crypto tokens unlocks, with around $3.46 billion worth of crypto scheduled for launch.
According to the information, lots of major tokens will experience its effects, including TIA, WLD, and SOL, most of all. Leading the pack is Celestia (TIA) with a whopping $1.12 billion worth of tokens set to launch. SOL follows with a significant $360.80 million of tokens set to release, while WLD follows closely with $336.31 million.
— Token Unlocks (@Token_Unlocks) September 27, 2024
Uptober is just around the corner – Stay Informed, Not FOMO-Driven
With $3.46B in token unlocks scheduled for the month, it’s essential to keep a close eye on the market. Key Unlocks include:
• $TIA: $1.12B
• $WLD: $336.31M
• $SOL: $360.80M
• Other tokens: $1.65B… pic.twitter.com/221NeN5MvR
Other tokes are also projected to unlock around $1.65 billion in value. The report suggests that supply is expected to increase in October, especially as TIA is being unlocked en masse.
Moreover, this influx of tokens could increase volatility as market participants adjust their strategies in response to changing supply conditions.
$568 Million in Crypto tokens to launch between Sept 30 to October 06, 2024
According to the Token Unlock data, over $568 million worth of crypto assets are set to reshape the digital market from September 30 to October 06, 2024. Some of the notable projects include such as SUI (Mysten Labs), SOL (Solana), WLD (Worldcoin), IMX (Immutable), and ZETA (ZetaChain).
— Token Unlocks (@Token_Unlocks) September 23, 2024
Major Unlocks Incoming
—— From September 30 to October 6, 2024 ——
Over $568M in token unlocks are set to reshape the market. Some of the most notable projects include :$SUI : $108.68M$SOL : $75.90M$WLD : $58.07M$IMX : $54.88M$ZETA : $34.78M
This upcoming… pic.twitter.com/tpDbpkUBzW
SUI leads the unlock with $108.68 Million worth of tokens within this period, followed by the Solana (SOL) unlocking $75.90 million, Worldcoin (WLD) releasing $58.07 million, IMX launching $54.88 million, and ZETA unlocking $34.78 million.
These tokens will be allocated to various stakeholders including investors, founders, project teams, Foundation Reserves, and community members.
