Token

Aptos

April

Pyth Network

<ul class="news-points">
 <li>In May, crypto projects are poised for a token unlock surge, with billions of tokens set for release.</li>
 <li>DYDX, Ethena, and MEME will unlock over $200 million in the first week of May.</li>
 <li>PYTH will double its circulating supply with $1.24B tokens distributed to ecosystem participants.</li>
</ul>
As April winds down, the crypto market gears up to witness a significant influx of unlocked tokens worth billions of dollars from crypto projects like Pyth Network in May.&nbsp;
Token.Unlocks data shows dYdX (DYDX) has the earliest unlock schedule, with $69.33 million set to be released on May 1 for investors, founders, and future employees. Ethena, the team behind <a href="https://coinedition.com/ethenas-usde-now-real-threat-to-makers-dai-coinbase-analyst/" rel="noopener noreferrer nofollow">USDe stablecoin</a>, will also unlock ENA tokens worth over $53.6 million on May 1.
Following closely is MEME, with a more substantial $136.87 million to be unlocked on May 3. Of this value, 3.45 billion MEME tokens valued over $88 million are slated for airdrop campaign. Advisors and investors will take the other half, $26.6 million and $21.33 million, respectively.&nbsp;
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/LwuvJIQ8hVrKC8qzc29pzN1r_E169oHsD82a8aiyhdFUjnvIp_CsvSG7Id_LyzNOFi2zKIWnSD-hfSMN8Rs3nw29K5Oc_6ISE_9yHag3_2gmuv0NZPdQwlGux-OF4n7xE_bn8qZrMoAwm0LJJ35bv1w" alt="">
</figure>
MEME coin unlock schedule | <a href="https://token.unlocks.app/memecoin-2" target="_blank" rel="noopener noreferrer nofollow">Token.Unlock</a>
Meanwhile, Aptos (APT) will lead the unlock event in the second week of May. On May 12, the project will unlock an…
The post <a href="https://coinedition.com/pyth-prepares-for-massive-1-24b-token-unlock-doubling-circulating-supply/" rel="noopener noreferrer nofollow">PYTH Prepares for Massive $1.24B Token Unlock, Doubling Circulating Supply</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

PYTH Prepares for Massive $1.24B Token Unlock, Doubling Circulating Supply

Coin Edition

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