Token

Aptos

Hashflow

Avalanche

<h4><a href="https://www.altcoinbuzz.io/?s=token+unlocks" target="_blank" rel="noopener">Token unlocks</a> are some of the biggest events in crypto. They can have massive impacts on the prices of tokens. And that’s why you need to know about upcoming ones.</h4> 
Our research shows that token unlocks in November 2023 will amount to $450 million. SUI just had 34.62 million tokens unlock on the 3rd, which accounts for $15.88 million. We want to cover some of the most significant unlocks of the month from important altcoins.&nbsp; 
<h5>1) Hashflow (HFT)</h5> 
<a href="https://www.hashflow.com" target="_blank" rel="noopener">Hasflow</a> has one of the biggest unlocks we’ve ever seen. Hashflow is a decentralized exchange (DEX). It operates across multiple blockchains. So, Hashflow plans to <a href="https://token.unlocks.app/hashflow" target="_blank" rel="noopener">release</a> 160.4 million of its HFT tokens on November 7 valued at approximately $41.3 million. This constitutes about 74% of its circulating supply. Now that’s huge. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Trading fees officially launched on Hashflow today. The devs put in overtime to implement the DAO vote <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fae1.png" alt="🫡" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f5a4.png" alt="🖤" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f90d.png" alt="🤍" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 Hashflow trades will now have two types of fees: – Dynamic fees on blue-chip trading pairs (USDC-WETH, etc.) – Static fees on non blue-chip trading pairs (USDC-USDT,… <a href="https://t.co/RM46yHcS8M">pic.twitter.com/RM46yHcS8M</a> 
 — hashflow (@hashflow) <a href="https://twitter.com/hashflow/status/1719701371140571189?ref_src=twsrc%5Etfw">November 1, 2023</a>
</blockquote> 
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Here are the allocation plans: 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Early investors: $15.39 million</li> 
 <li style="font-weight: 400;" aria-level="1">Ecosystem development, $12.10 million</li> 
 <li style="font-weight: 400;" aria-level="1">Core team: $11.89 million</li> 
 <li style="font-weight: 400;" aria-level="1">Community rewards: $102.59k&nbsp;</li> 
</ul> 
As fans of the project know, Hashflow releases $44,000 worth of <a href="https://www.coingecko.com/en/coins/hashflow" target="_blank" rel="noopener">HFT tokens</a> daily for rewards for community members and ecosystem development. 
Hashflow released 3.2 million HFT tokens worth $830,000 last month. The token price fell over 34% within two weeks before recovering. HFT is currently trading at $0.25. And is currently 19% down since its last token unlock. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 State of Hashflow Q3 2023 
 The launch of the Hashverse drives increased usage on Ethereum, helping <a href="https://twitter.com/hashflow?ref_src=twsrc%5Etfw">@hashflow</a> increase its DEX market share. <a href="https://t.co/TTJXQYl0D5">pic.twitter.com/TTJXQYl0D5</a> 
 — Johnny_TVL (@john_tv_locke) <a href="https://twitter.com/john_tv_locke/status/1719760925937287483?ref_src=twsrc%5Etfw">November 1, 2023</a>
</blockquote> 
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So if you like the project, wait for the effect of this on the price first. This should add selling pressure and make the price go down. Then, look for an entry point to buy. 
<h5>2) Aptos (APT)</h5> 
Data from <a href="https://token.unlocks.app/aptos" target="_blank" rel="noopener">Token Unlocks</a> shows that Aptos has the highest unlock for November 2023 in terms of value. The Layer 1 platform plans to release 24.8 million APT tokens on Nov. 12. November unlock is worth around $172.9&nbsp; million and makes up 10% of its circulating supply. 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Aptos allocates the bulk of these tokens about $82.7 million to core contributors.&nbsp;</li> 
 <li style="font-weight: 400;" aria-level="1">Then, around $58.6 million goes to investors.</li> 
 <li style="font-weight: 400;" aria-level="1">Another $22.3 million is reserved for the community.</li> 
 <li style="font-weight: 400;" aria-level="1">Finally, about $9.3 million goes to the Aptos Foundation.</li> 
</ul> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 1/ On October 18, 2022, Aptos Mainnet ignited the Web3 space, redefining standards for developers, users, and visionary organizations. 
 The countdown to the <a href="https://twitter.com/hashtag/AptosOne?src=hash&amp;ref_src=twsrc%5Etfw">#AptosOne</a> anniversary begins NOW, starting with a look back at key milestones and breakthroughs over the past year.<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/QrTAmvEMQT">pic.twitter.com/QrTAmvEMQT</a> 
 — Aptos (@Aptos_Network) <a href="https://twitter.com/Aptos_Network/status/1714016259329892713?ref_src=twsrc%5Etfw">October 16, 2023</a>
</blockquote> 
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Aptos had a smaller release in October of 4.5 million <a href="https://www.coingecko.com/en/coins/aptos" target="_blank" rel="noopener">APT tokens</a>. It was valued at $31.6 million. Interestingly, the price of APT surged by almost 2% from $4.84 to $4.94 over the next seven days. APT currently trades at $6.55. And is up 43% since its October unlock. With such a high % going to early investors and insiders, it will be interesting to see if they sell or hold. 
This is quite an impressive figure. Because <a href="https://aptosfoundation.org" target="_blank" rel="noopener">Aptos</a> had a five-hour network outage in November. And we are still in the bear market. Or at least an unconfirmed bull market. So, that counts for the team. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 1/ Open finance = the future of finance. 
 Aptos is the clear leader in open finance infrastructure and innovation. 
 From <a href="https://twitter.com/Microsoft?ref_src=twsrc%5Etfw">@Microsoft</a> to <a href="https://twitter.com/Mastercard?ref_src=twsrc%5Etfw">@Mastercard</a>, pioneers are choosing Aptos to build modern financial solutions <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/FhItlajGzH">https://t.co/FhItlajGzH</a> 
 — Aptos (@Aptos_Network) <a href="https://twitter.com/Aptos_Network/status/1720456477599813984?ref_src=twsrc%5Etfw">November 3, 2023</a>
</blockquote> 
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<h5>3) Avalanche (AVAX)</h5> 
Avalanche has a heavy <a href="https://token.unlocks.app/avalanche-2" target="_blank" rel="noopener">unlock scheduled</a> for November. The Layer 1 blockchain will release 9.5 million AVAX tokens on Nov. 24. And this is valued at around $112.59 million and 2.7% of its circulating supply.&nbsp; 
<ul> 
 <li style="font-weight: 400;" aria-level="1">About $53.10 million will go to the Avalanche team.</li> 
 <li style="font-weight: 400;" aria-level="1">Another $26.55 million goes to strategic partners,&nbsp;</li> 
 <li style="font-weight: 400;" aria-level="1">About $19.67 million will go to the Avalanche Foundation</li> 
 <li style="font-weight: 400;" aria-level="1">&nbsp;About $13.28 million was set aside for a possible airdrop.&nbsp;</li> 
</ul> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Today in tokenization…<a href="https://twitter.com/Canza_Finance?ref_src=twsrc%5Etfw">@Canza_Finance</a> brings US Dollars, Nigerian Naira, South African Rand &amp; West African CFA to Avalanche. 
 Through the Baki protocol, users can trade or hedge local exposure through competitive central bank rates. 
 Amazing to see the growth of FX on <a href="https://twitter.com/avax?ref_src=twsrc%5Etfw">@avax</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f64c.png" alt="🙌" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/fOa0ruOWBk">https://t.co/fOa0ruOWBk</a> 
 — morgan “tokenization queen” krupetsky (@MorganKrupetsky) <a href="https://twitter.com/MorganKrupetsky/status/1720109771053797805?ref_src=twsrc%5Etfw">November 2, 2023</a>
</blockquote> 
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Note that Avalanche releases 100,000 <a href="https://www.coingecko.com/en/coins/avalanche" target="_blank" rel="noopener">AVAX tokens</a> ($1.1 million) daily for staking rewards. So you can see on this one, big by dollars but low in terms of effect on supply. But they may sell anyway.&nbsp;The last Avalanche unlock was on August 26. And the AVAX price didn’t respond too positively to that. The AVAX token fell 12.5% from $10.04 to $8.78 within 30 days. 
AVAX currently trades at $12.43. This signifies an 11% growth since the August token unlock. Other notable unlocks include Rose, and Optimism. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 SK Planet subsidiary and Korean entertainment giant Dreamus is launching a ticketing platform powered by Avalanche and SK Planet’s UPTN Subnet. 
 Let's take a look at why this is a big win for blockchain ticketing and real world use cases <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f39f.png" alt="🎟" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f53a.png" alt="🔺" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/f9JVKsxoaT">pic.twitter.com/f9JVKsxoaT</a> 
 — Avalanche <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f53a.png" alt="🔺" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@avax) <a href="https://twitter.com/avax/status/1704878784497992179?ref_src=twsrc%5Etfw">September 21, 2023</a>
</blockquote> 
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CAREFUL These Altcoins Are Facing MASSIVE Crypto Unlocks

Altcoin Buzz

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