- Token Unlocks data reveals that the crypto market will witness $111 million of new unlocks next week.
- Aptos and Starknet will see the highest unlock volume, adding tokens worth $64 million and $25 million to their circulating supply.
- XAI, ENA, RENDER and IO will also witness combined unlocks of $15 million next week.
The crypto market is set to witness cliff unlocks totaling $111 million next week. Aptos (APT) and Starknet (STRK) will see the highest volume, with new tokens entering circulation worth $64 million and $25 million, respectively.
APT, STRK lead next week’s token unlocks
Several crypto projects will see a hike in their circulating supply totaling $111 million next week. The tokens set to for cliff unlocks include Aptos (APT), Starknet (STRK), Xai (XAI), Render (RENDER), Ethena (ENA), io.net (IO) and Cyber (CYBER).
Cliff unlocks refer to periodic unlocks of vested tokens to investors, team members, community members or other key stakeholders. Prices often tend to decline during cliff unlocks if demand fails to catch up with the new supply.
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