$3 billion worth of unlocks in 17 cryptocurrencies in May: Here are the dates

May will be of great importance in terms of token unlocks, one of the metrics that investors pay the most attention to. In this period, when a total of $3 billion in tokens will enter the market, AEVO and PYTH projects will have the most unlocks.

$3 billion worth of unlocks in 17 cryptocurrencies in May: Here are the dates

After major price declines in April, May will start with an uptrend, while many projects will have significant token unlocks. Billions of dollars of tokens will enter circulation this month.

Today’s most important opening will be in MEME. In MEME, where 22% of the total supply is in circulation, $130 million in tokens will enter circulation today. After the opening, the circulating supply will increase by 31%.

Giant unlocks in AEVO and PYTH

May’s biggest token launches will be on PYTH, the DeFi oracle network, and crypto derivatives platform Aevo. On PYTH, 2.1 billion tokens valued at $1.2 billion will go into circulation. The unlock will take place on May 20th. With 1.5 billion tokens currently in circulation, the project’s circulating supply will increase by 141%.

The unlock on Aevo will be bigger. In the project, where only 110 million of the total supply of 1 billion units is currently in circulation, 827 million tokens will be included in the supply. In other words, the circulating supply will suddenly increase from 110 million to about 940 million and almost all of the tokens will be in circulation. The increase in circulating supply will be 800%.

Apart from these 3 projects, the coins that will experience token unlock and increase supply in May are as follows:

  • May 5 – GAL: Token supply to increase by 5. 7%
  • May 6 – MAVIA: Token supply will increase by 25%
  • May 12 – APT: Token supply will increase by 2. 6%
  • May 15 – STRK: Token supply to increase by 8. 7%
  • May 16 – ARB: Token supply to increase by 3. 4%
  • May 17 – APE: Token supply to increase by 2. 4%
  • May 17 – IMX: Token supply to increase by 1. 7%
  • May 18 – ROSE: Token supply to increase by 2.5%
  • May 19 – PIXEL: Token supply to increase by 7%
  • May 22 – AVAX: Token supply to increase by 2.5%
  • May 22 – ID: Token supply to increase by 4.2%
  • May 27 – YGG: Token supply to increase by 4.5%
  • May 29 – OP: Token supply to increase by 2. 3%
  • May 31 – PRIME: Token supply to increase by 4.2%

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