Token Unlocks Announces a November Slate of Token Releases Worth Over $398M
Market Musing-g

Token Unlocks Announces a November Slate of Token Releases Worth Over $398M

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10 months ago

Token Unlocks heralds a November with over $398M in crypto tokens set to be released, stirring market anticipation. Read more on CT.

Token Unlocks Announces a November Slate of Token Releases Worth Over $398M
  • HFT tokens unlocked first in Nov, totaling $43M for community and team, setting a robust start to the month's crypto liquidity.
  • Aptos (APT) plans a $175M unlock on November 12, highlighting the synergy between tech giants and blockchain projects.
  • The end of Nov sees big moves with AVAX and OP unlocks, injecting over $157M amid positive market sentiment.

The cryptocurrency community is on high alert as Token Unlocks announces a November slate of token releases worth over $398 million. According to the data, the sequence kicks off with the unlock of $HFT tokens on November 7, worth approximately $43 million. These tokens spread across early investors, ecosystem development, the core team, and community rewards accounted for nearly 74% of HashFlow's circulating tokens.

Following HFT, Aptos (APT) is set to release $175 million worth of tokens on November 12, a substantial release likely to involve core team members, investors, and the Aptos Foundation. This unlock event is particularly noteworthy as it comprises a project helmed by ex-Meta executives, spotlighting the bridge between major tech entities and blockchain initiatives.
Read full article at CryptoTale.
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