Token

io.net

Impact

Coin

<ul class="news-points">
 <li>Seven crypto projects will release new tokens this week.</li>
 <li>Projects schedule token releases in ways that would avoid market pressure.</li>
 <li>Lack of liquidity and investors taking profits can impact crypto prices during token unlocks.</li>
</ul>
Seven crypto projects have scheduled their token unlocks for this week. The unlocks will occur in varying proportions, depending on the original design and schedule of each project.
Data from <a href="https://token.unlocks.app/" target="_blank" rel="noopener noreferrer nofollow">Token Unlock</a>, a platform that aggregates token unlock schedules for cryptocurrencies, shows that Xai, the next-gen video game-focused project, will unlock 71.59% of its total token supply, equivalent to $62.9 million, on Tuesday, July 9. On the same day, DYDX, the decentralized exchange, is scheduled to unlock 0.68% of its total supply worth $2 million.
According to Token Unlocks, on July 11, io.net (IO) and ImmutableX (IMX) will also conduct token unlocks. io.net will unlock 2.2% of its total token supply, equivalent to $4.55 million, while ImmutableX will release 2.15% of its total token supply worth $40.6 million.
On July 12, Aptos, the Layer-1 Proof-of-Stake (PoS) blockchain, is scheduled to release 2.49% of its token supply, equivalent to…
The post <a href="https://coinedition.com/token-unlock-alert-key-dates-and-potential-market-impact-for-xai-dydx-aptos-and-more/" rel="noopener noreferrer nofollow">Token Unlock Alert: Key Dates and Potential Market Impact for XAI, DYDX, Aptos, and More</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Token Unlock Alert: Key Dates and Potential Market Impact for XAI, DYDX, Aptos, and More

Coin Edition

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