One of the issues that cryptocurrency investors pay the most attention to is the token expansions in the relevant project. The ratio of the circulating supply of cryptocurrencies to the total supply and the spread of token expansions over time are among the most important details that investors pay attention to.
$785 million opening is coming
Cryptocurrency projects will realise a token opening of $785 million in August. AVAX will be the leader in this sense in August, where there are many developments, from those limited to only a few thousand dollars to the project that will open over $250 million. In AVAX, the Avalanche network’s own asset, $254.5 million worth of tokens will enter circulation on August 20.
154 in Worldcoin, 74 in Aptos, 66 in Sandbox and $63 million in Arbitrum, which has recently opened over a billion dollars, will be unlocked.
Details of some important token expansions in August are as follows:
- AVAX: Aug 20- $ 254 million opening
- Worldcoin: Aug 3 – $154 million expansion
- Aptos Aug 12 – $74.6 million opening
- Sandbox: Aug 14- $66.2 million opening
- Arbitrum: Aug 16- $63 million expansion
- Optimism: Aug 31 – $51 million expansion
- IMX Aug 9 – $46 million opening
- SUI Aug 1 – $46 million expansion
- STRK Aug 15 – $31 million expansion
- ZETA: Aug 1 – $30 million expansion