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Home»ADOPTION NEWS»July’s $350 million token unlock includes Worldcoin, XAI, Arbitrum, Aptos, and more.
ADOPTION NEWS

July’s $350 million token unlock includes Worldcoin, XAI, Arbitrum, Aptos, and more.

By Crypto FlexsJuly 7, 20244 Mins Read
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July’s 0 million token unlock includes Worldcoin, XAI, Arbitrum, Aptos, and more.
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price World Coin world

-1.016%
‘s token is currently down about 80% from its March high, shortly after Sam Altman-co-founded company OpenAI released Sora, a text-to-video generation AI model. Nevertheless, Worldcoin is set to soon double its daily token unlock rate, as are several other prominent projects in the cryptocurrency space that are set to release millions of dollars worth of tokens to the market.

Here is a list of all major tokens unlocked during the remainder of July that are worth more than $10 million at current prices:

Xai: July 9, $70 million

Xai, a Layer 3 game-based project decision Ab

-2.49%
On July 9th, a second token unlock event will take place, unlocking approximately 200 million tokens, or 72% of the circulating supply, which is currently worth approximately $70 million. Xai It will be home to Arbitrum Orbit stacks and Ex Populus games.

ImmutableX: July 12, $43 million

Web3 gaming company InvariantX Small and medium-sized enterprises

-7.50%
On July 12, 32.5 million tokens, or 2.15% of the circulating supply, will be unlocked, which is currently worth $43 million. VanEck said: Last December, we predicted that the launch of Web3 games like Illuvium could catapult ImmutableX into the top 25 tokens by market cap in 2024.

Aptos: July 12, $68 million

apartment appropriate

-4.43%
One of two projects (the other is a former member of Facebook’s Libra currency project) that is largely Sui Sui

-3.46%
), an additional 2.49% of the circulating supply will be unlocked on July 12th, giving rise to 11.31 million tokens, equivalent to a current value of approximately $68 million.

StarkNet: July 15, $37 million

Starknet Stroke

-2.21%
, that much Ethereum Ethereum

-2.082%
2-layer network In March, it released its 2024 roadmap, promising to increase throughput and reduce transaction fees, and it is scheduled to unlock 64 million tokens on July 15, representing 4.9% of the token’s circulating supply. The tokens are currently worth around $36.7 million.

Arbitrum: July 16, $64 million

Arbitrum, which recently became the first layer 2 network to reach $150 billion in total trading volume on Uniswap, will unlock 2.9% of its circulating supply on June 16. The 92.6 million tokens are currently worth approximately $64 million.

WorldCoin: July 24, $13 million per day

Worldcoin has been unlocking 3.19 million tokens per day at a constant rate since July 24, 2023, which is currently worth about $6.7 million. At this point, there was also an initial token unlock of 500 million. As of July 24, 2024, this rate will more than double to 6.62 million tokens per day over the next two years, which is currently worth $13.3 million per day.

Recently, four former executives from Apple, Google, Meta, Tesla, and X joined the project co-founded by Sam Altman, which recently announced the Worldchain Layer 2 blockchain.

Other important unlocks

July 16th: Exi Infinity Axe

-4.39%
2.45 million tokens, or 1.66% of the circulating supply, will be unlocked, with a current value of approximately $12.5 million.

July 17: Apecoin will unlock 15.6 million tokens, which is 2.31% of the circulating supply, and is currently valued at approximately $11.9 million.

July 19: Pixel will unlock 54.4 million tokens, which is 7% of the circulating supply and is currently worth approximately $10.5 million.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information on the cryptocurrency industry. Current financial disclosures include:

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

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