Token

Aptos

Coin

<ul class="news-points"> 
 <li>Token Unlocks revealed in a tweet today that 20 million APT tokens will be unlocked on 12 November 2023.</li> 
 <li>APT’s price may temporarily drop shortly after the unlock event as investors may look to cash out of the project.</li> 
 <li>Meanwhile, a medium-term descending wedge pattern on APT’s chart suggested the altcoin could rise to above $11 in November.</li> 
</ul> 
The tokenomics tracking platform Token Unlocks revealed in a tweet earlier today that a substantial amount of <a href="https://coinedition.com/tag/Aptos-APT/" rel="noopener noreferrer nofollow">Aptos (APT)</a> tokens will be unlocked on 12 November 2023. According to the post, 20 million tokens will be introduced into circulation, which is estimated to be around 10.8% of the altcoin’s supply. 
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 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> Unlocks Alert <a href="https://twitter.com/search?q=%24APT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$APT</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f5d3.png" alt="🗓" class="wp-smiley" style="height: 1em; max-height: 1em;"> On November 12th, 2023 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> First team and investors unlock<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f31f.png" alt="🌟" class="wp-smiley" style="height: 1em; max-height: 1em;"> 20m <a href="https://twitter.com/search?q=%24APT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$APT</a> for team and investors <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f513.png" alt="🔓" class="wp-smiley" style="height: 1em; max-height: 1em;"> Approximately $129m unlocks are coming <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4b8.png" alt="💸" class="wp-smiley" style="height: 1em; max-height: 1em;"> 10.8% of circulating supply will be unlocked If you are a private investor, what's your move? Don't miss out!… <a href="https://t.co/s6w8PgBvaU" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/s6w8PgBvaU</a>— Token Unlocks (@Token_Unlocks) <a href="https://twitter.com/Token_Unlocks/status/1701130089294135340?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 11, 2023</a> 
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Token Unlocks also shared that the valuation of the unlocking event will be around $129 million given the altcoin’s current price. Furthermore, the tokens belong to the project�… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/apt-unlocking-event-may-be-followed-by-temporary-selloff/">APT Unlocking Event May Be Followed by Temporary Selloff</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

APT Unlocking Event May Be Followed by Temporary Selloff

Coin Edition

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