Token

Arbitrum

Million

April

<ul class="news-points"> 
 <li>Arbitrum will do a “Cliff Unlock” tomorrow, April 16, 2024.</li> 
 <li>Token Unlock reveals Arbitrum will release 92.65 million ARB into the market.</li> 
 <li>The upcoming Token Unlock will increase the ARB token supply by 3.49%.</li> 
</ul> 
Arbitrum will do a “Cliff Unlock” tomorrow, April 16, 2024, and release fresh ARB tokens into the cryptocurrency market, according to data from the <a href="https://token.unlocks.app/" target="_blank" rel="nofollow">Token Unlock app</a>. Further details from the app show the layer-2 project’s upcoming Token Unlock will claim the lion’s share of tokens to be released into the crypto market this week.&nbsp; 
According to real-time data on the app, this particular Token Unlock will inject approximately $110 million into the crypto market. Arbitrum will <a href="https://coinedition.com/market-braces-for-arbitrum-arb-april-token-unlock-could-it-affect-the-price/">unlock</a> 92.65 million ARB, representing 3.49% of the circulating supply. The event will happen exactly one month after the previous Token Unlock, when the project released 1.11 billion ARB, equivalent to $2.09 billion, into the crypto ecosystem. 
It is essential to note that Token Unlock highlighted that the upcoming program will be a “Cliff Unlock,” implying a system where no tokens are released initially until a “cliff,” which is the unlock date. The event where pr…
The post <a href="https://coinedition.com/arbitrum-to-release-92-65-million-arb-in-fresh-token-unlock-this-week/">Arbitrum to Release 92.65 Million ARB in Fresh Token Unlock This Week</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Arbitrum to Release 92.65 Million ARB in Fresh Token Unlock This Week

Coin Edition

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