Cryptocurrency

The Sandbox

Token

Million

Avalanche

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/cryptocurrency-projects-to-release-900-million-in-tokens" rel="noopener noreferrer nofollow">Cryptocurrency Projects to Release $900 Million in Tokens</a><br></p>
<p style="text-align: justify">February is set to see a significant release of locked cryptocurrencies, with a total value estimated at $900 million. Key players in the market such as Avalanche, Aptos, and The Sandbox are at the forefront of this upcoming vesting period, which restricts asset transferability until a set date in order to stabilize early market behavior and foster lasting project engagement.</p>
<h2 id="high-stakes-in-token-release">High Stakes in Token Release</h2>
<p style="text-align: justify"><a href="https://en.bitcoinhaber.net/crypto-world-buzzes-as-jto-coin-skyrockets-after-airdrop-on-sol-network" rel="noopener noreferrer nofollow">Token</a> Unlocks, a specialized data provider, reports that these releases will unfold over the month, involving major cryptocurrencies including Avalanche, Aptos, The Sandbox, Optimism, and Sui. Avalanche stands out with a projected release of 9.5 million tokens with an estimated value of $320 million, primarily distributed among the Avalanche Foundation, its strategic partners, team, and an upcoming airdrop.</p>
<h2 id="timing-and-distribution-of-releases">Timing and Distribution of Releases</h2>
<p style="text-align: justify">Aptos is set to release around 24.8 million tokens valued at about $233 million, primarily to its founding participants and investors, while also allocating a significant portion to its community and foundation. The Sandbox will see the release of 209 million tokens worth approximately $90 million, with company reserves receiving a substantial share. The team and advisors are scheduled for their release on February 14th. Furthermore, Optimism has a planned distribution of 24 million OP tokens valued at approximately $70 million to its core contributors and backers towards the end of the month. Meanwhile, Sui targets a $53 million token release for its community initiative.</p>
<p style="text-align: justify">Market participants are bracing for potential price instability as the increased token supply can lead to dramatic fluctuations in value. Nevertheless, the current trend of projects gaining value post-unlock suggests a new dynamic at play in the cryptocurrency landscape, signaling a maturing market response to these events.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/cryptocurrency-projects-to-release-900-million-in-tokens" rel="noopener noreferrer nofollow">Cryptocurrency Projects to Release $900 Million in Tokens</a></h5>

Cryptocurrency Projects to Release $900 Million in Tokens

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