$500 million token launch coming in 20 altcoins

Token unlocks, one of the most important criteria for cryptocurrency investors, may closely affect prices this week. In particular, Solana, Arbitrum, AXS and EigenLayer stand out in this sense, while some projects will circulate their tokens at once and some gradually.

$500 million token launch coming in 20 altcoins

One of the most important criteria that investors pay attention to in cryptocurrency projects is the ratio of circulating supply to total supply and the level of expansions. The more tokens spread from whales to the community, the more power is distributed. This also reduces manipulation.

Collective unlocks will reach 215 million

While some projects gradually put tokens into circulation in a certain order, others do this process in more irregular and large pieces. This week alone, $215 million worth of tokens will be circulated in 10 projects at once.

The projects that will circulate a large amount of tokens at once are as follows:

  • TAKO: On October 14, 12 million tokens worth $18.2 million will enter circulation. This rate corresponds to 15% of the circulating supply.
  • Axie Infinity: Again today, 9.25 million AXS tokens worth $41.5 million will enter circulation. These tokens correspond to 6.08% of the circulating supply.
  • Starknet: On October 15, 64 million tokens worth $25 million will enter circulation. This figure, which corresponds to 3.3% of the circulating supply, points to one of the largest expansions.
  • EigenLayer: On October 15, 11.22 million tokens worth $41.4 million will be included in circulation. This rate is equal to 6% of the circulating supply.
  • Arbitrum: In Arbitrum, known for its large expansions, 92.65 million tokens worth $49 million will enter circulation on October 16. This number will be equal to 2.5% of the circulating supply.
  • Ethena: Again on October 16, 12.86 million tokens worth $ 3.5 million will be included in circulation. This number will correspond to 0.47% of the circulating supply.
  • PRIME: On October 17, 750 thousand tokens worth $ 5.86 million, equivalent to 1.5% of the circulating supply, will be unlocked.
  • Cardano: On October 17, 18.5 million ADA worth $ 6.3 million will enter circulation. This will be equal to only 0.05% of the circulating supply.
  • Bored Ape: On October 17, 15 million tokens will be unlocked, equivalent to 2.3% of the circulating supply. The total value of these tokens is around $11 million.
  • PIXEL: 54.38 million tokens will be unlocked on October 19. The total value of these tokens, which corresponds to 7.6% of the circulating supply, is approximately $6.8 million…

Regular expansions are also underway

Apart from these projects, there are also crypto projects that continue their expansions day by day or week by week… The expansions in known projects (this week) are as follows:

  • Worldcoin: A certain amount of tokens will circulate every day for 1 week. 37.2 million tokens worth $86 million will be unlocked. Unlocking will increase the circulating supply by 7%.
  • Solana: 524 thousand SOL tokens worth $80 million will be unlocked for 1 week.
  • Bittensor: $32 million worth of TAO will enter circulation. 0.68% of the supply will be unlocked.
  • Avalanche: 700 thousand tokens worth $20 million will be unlocked. Circulating supply will increase by 0.17%.
  • SEI: 35 million tokens worth $17 million will be unlocked. The tokens that will enter circulation will increase the supply by 1%.
  • NEAR: 2.97 million tokens worth $14 million will come. Supply will increase by 0.24%.
  • Polkadot: 2.81 million tokens worth $12 million will be unlocked and the circulating supply will increase by 0.2%.
  • Dogecoin: 94.47 million coins worth $11 million will enter circulation and supply will increase by 0.06%.
  • SUI: 4.59 million tokens worth $10.2 million will be unlocked. Supply will increase by 0.17%.
  • Filecoin: 2.2 million FILs worth $8 million will be included in the supply and the supply will increase by 0.38%.
  • BEAM: $7.8 million worth of BEAM will enter circulation and supply will increase by 0.96%.
  • Arkham: $7 million worth of ARKM tokens will be unlocked and the supply will increase by 1.37%.

Looking at all these figures, it seems that there will be a $500 million unlocking this week alone.

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