$600 million worth of tokens were released this month

In the first month of 2024, you should pay attention immediately Crypto Dealer. Many tokens worth more than $600 million will be unlocked. This means that many new tokens are entering circulation. Well-known projects with the highest activations are Aptos (APT), Injective (INJ) and optimism (OP).

Christmas present 🎁 PostNL’s last Crypto Stamp 2 is still available in limited quantities for €9.25

Aptos with the largest unlock

The first project to unlock the most tokens is Aptos. The unlock consists of 24.84 million APT tokens, which will be released on January 12th. From the current supply, this means around 8% added and the tokens are worth $234.76 million

Aptos previously unlocked the same amount of tokens. This happened last month on December 12th and did not benefit the price. In just under a week after unlocking, the price of APT had fallen by 18.72%. The price also fell in November after APT tokens were unlocked.

Inject the final unlock

At this point, 96% of INJ inventory is already unlocked. On January 21st, this project will be finally unlocked, unlocking 3.67 million INJ tokens worth $136.73 million.

earlier One could read that the project reached a new record in 2023 after an impressive increase of 3,3005. The project deals, among other things, with: artificial intelligence (AI) or artificial intelligence in combination with decentralized finance (DeFi)

Crypto Update: Bitcoin Waits, Altcoins Move Sideways

  • Icon altcoinsIcon altcoins

    Altcoin news

Optimism releases 2.65% of circulating supply

The latest project Optimism will unlock 24.16 million OP tokens on January 30th. The tokens are valued at $87.70 million and are intended for the team behind the project, with a portion going to investors.

It is also important to know that Optimism will unlock 333,330 OP tokens every day for the next 90 days. Looking at the current market price, the tokens cost $1.24 million.

Christmas gift 🎉: Bitvavo is celebrating Christmas and giving our readers free BTC, XRP or another crypto 🚀

Do your own research

Often, after reading such an article, you can easily deviate from your own plan because, for example, it says that in the past prices fell after tokens were unlocked. Therefore, it is important to do your own research on the projects and the activation of their tokens. This prevents you from making bad decisions by blindly following other people’s advice. It’s not for nothing that “Do Your Own Research (DYOR)” is one of the most popular terms in the world of digital assets.

Post views: 0

Read Also:  Thousands of Crypto Wallets Exposed in Mass Hack

Recent Articles

Related News

Leave A Reply

Please enter your comment!
Please enter your name here