June promises to be another important month for token unlocks in the cryptocurrency world. Because important projects unlock $650 million worth of tokens at current prices.
The majority of that amount consists of unlocking $100 million of the double. Ethereum ETH
-0.77%
layer 2 network decision ARB
-1.97%
buzzing layer 1 apartment appropriate
-1.78%
However, various projects and protocols are planning to unlock their tokens in June. Here are all the important unlocks scheduled for this month: Unlock token data.
Aptos: June 12, $100 million
Aptos, one of two projects primarily involving former members of Facebook’s Libra currency project (the other is Sui), locked 11.31 million tokens, or 2.59% of the circulating supply, on May 12, with a current value of about $100 million. It is scheduled to be released.
ImmutableX: June 14, $55 million
Web3 gaming company InvariantX small business
-2.067%
On June 13th, 25.5 million tokens, or 1.72% of the circulating supply, will be unlocked with a current value of $55 million. VanEck said. last december The launch of Web3 games is illubium ILV
-2.47%
ImmutableX could grow into the top 25 tokens by market capitalization in 2024.
Starknet: June 15, $75 million
starknet strong
+4.10%
Ethereum Layer 2 Network It unveiled its 2024 roadmap in March, pledged to improve throughput and lower transaction fees, and plans to unlock 64 million tokens, equivalent to 5.6% of the token’s circulating supply, on June 15. The current token value is approximately $75 million.
Decision: June 16, $103 million
Arbitrum, which recently became the first layer 2 network to reach $150 billion in total trading volume on Uniswap, is set to unlock 3.2% of its circulating supply on June 16. The current value of 92.6 million tokens is approximately $130 million.
Space ID: June 22, $56 million
space ID
-1.081%
The protocol, which aims to be a one-stop shop for various on-chain domains, will unlock an additional 18.3% of its circulating supply on June 22nd as part of its regular token unlock schedule. The current value of 78.5 million tokens is approximately $56. million.
Optimism: June 30, $77 million
optimism OP
-4.16%
We recently launched support for layer 3 chains. Joining Superchain will unlock 31.3 million tokens worth approximately $77 million on June 30th. This corresponds to 2.9% of the token’s circulating supply. Optimism recently passed a threshold requiring 25% of its tokens to be unlocked, with three-quarters remaining locked.
Other important unlocks
June 17: Ape Coin monkey
-0.93%
It unlocks 2.5% of the circulating supply, or 15.6 million tokens, worth about $20 million at current prices.
June 19: Pixels unlocks 7% of the circulating supply, or 54 million tokens, worth about $25 million at current prices.
June 25: AltLayer unlocks 6.9% of the circulating supply, or 105 million tokens, worth about $36 million at current prices.
June 30: Echelon Prime Early
-3.11%
It unlocks 4% of the circulating supply, or 1.7 million tokens, worth about $28 million at current prices.
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