In January, $600 million worth of tokens in ten projects will come into circulation. This process, called “unlocking”, will be carefully monitored by investors due to its potential to suppress prices.

Started with the $29 million worth of SUI

According to TokenUnlocks data, 34 million 620 thousand SUIs, worth 28 million 680 thousand dollars were unlocked today at 06:00 for Turkiye time. The amount corresponds to 3.14% of the circulating supply.

Continues with Galxe…

Galxe will also see an important unlocking period in terms of its ratio to the amount in circulation. The token, which is traded with the “GAL” ticker, will see 3 million tokens worth $7 million of unlocking. These tokens account for 3.34% of the circulating supply.

Hashflow to open 5.15% of the supply

Hashflow project, which unlocks tokens on the 7th of each month, will release 5.15% of the supply at 06:00 for Turkiye time. In total, 14 million 580 thousand tokens worth 5 million 660 thousand dollars will be unlocked.

The biggest unlock is in Aptos

The biggest unlock in January will be on Aptos’ APT token. 24 million 840 thousand APT, worth of 244 million 700 thousand dollars, will coime into circulation on January 12 at 07.59 pm… The amount of unlocked tokens is remarkable as it corresponds to 8.07% of the circulating supply.

In CYBER, 8.51% of the supply will be in circulation

CyberConnect, which has unlocking period in the middle of each month, will release 1 million 260 thousand CYBER tokens worth of 8 million 630 thousand dollars on January 14. This amount of token accounts for 8.51% of the circulating supply. The unlock will take place at 08.24 for Turkiye time.

15 million tokens to be released on APE

Another important unlock event will be in ApeCoin (APE). On January 17 at 06:00 for Turkiye time, 15 million 600 thousand tokens worth $26 million will be unlocked. The amount accounts for 4.23% of the circulating supply.

APE will be followed by AXS

APE unlocking will be followed by Axie Infinity (AXS) on January 18. In AXS, 3 million 430 thousand tokens worth of approximately $31 million will be released. While the amount corresponds to 2.54% of the circulating supply, the unlock will take place at 07.10 am.

The second largest unlock is on INJ

In January, the second largest unlocking event, will take place in Injective. INJ, which had a very good year and closed 2023 with an increase of 2890%, will unlock 3 million 670 thousand tokens worth of $142 million at 06:00 on January 21. The amount to be unlocked accounts for to 4.35% of the circulating supply.

Space ID releases 12.37% of supply

One day after the INJ period, there is an important unlock in the Space ID project in terms of circulating supply ratio. 53 million 370 thousand ID tokens worth of $16 million will be released to circulation at 06.00 on January 22. The amount accounts for 12.37% of the circulating supply.

Last major unlock is on Optimism

The last important unlock event of January will be on Optimism. On January 30 at 10:00 a.m., 24 million 160 thousand tokens worth of $90 million will be unlocked. The amount accounts for 2.65% of the circulating supply.