The release of cryptocurrencies via token unlocks significantly impacts the shift in the market as well as the price and behavior of investors involved. A higher number of tokens in circulation makes supply and demand more sensitive. The following are token unlocks for 11 major projects and their anticipated impacts.
The Sandbox (SAND)
- Symbol: SAND
- Market Cap: $985.82M
- Circulating Supply: 2.45B SAND
- Next Unlock Amount: 205.59M SAND
- % of Market Cap: 8.39% ($82.70M)
- Next Unlock Date: February 14, 2025
The Sandbox is one of the largest metaverse projects and one of the main platforms for blockchain gaming. Sandbox’s claim which said that it will be releasing portions of its supply is confirmed as “sandboxers” starts selling shares. Its 8.39% impact compared to the market cap makes one rationale. During this day, we expect price changes and all traders should be paying attention.
StarkNet (STRK)
- Symbol: STRK
- Market Cap: $618.75M
- Circulating Supply: 2.58B STRK
- Next Unlock Amount: 63.99M STRK
- % of Market Cap: 2.47% ($15.30M)
- Next Unlock Date: February 15, 2025
StarkNet, one of the top Ethereum Layer 2 scaling solutions, will be unlocking ~64 million tokens on this date. Even though this amount only makes two-point four-seven percent of its market capitalization, it is highly recommended for investors to observe weather patterns for short-term volatility.
Staika (STIK)
- Symbol: STIK
- Market Cap: $124.18M
- Circulating Supply: 24.50M STIK
- Next Unlock Amount: 2.16M STIK
- % of Market Cap: 8.81% ($10.94M)
- Next Unlock Date: February 15, 2025
Considering the global unlock market cap, Staika unlocks the most with 8.81%, STIK could see some upward price movements. This event is likely to deploy significant sell pressure in anticipation before the event happens.
Cyber (CYBER)
- Symbol: CYBER
- Market Cap: $65.34M
- Circulating Supply: 32.65M CYBER
- Next Unlock Amount: 5.02M CYBER
- % of Market Cap: 15.4% ($10.04M)
- Next Unlock Date: February 15, 2025
Relatively speaking, Cyber’s token unlock of 15.4% of its market cap is significant, meaning that it could experience considerable price movements when the tokens are unlocked. Investors need to brace themselves for heightened activity before February 15.
Arbitrum (ARB)
- Symbol: ARB
- Market Cap: $2.17B
- Circulating Supply: 4.34B ARB
- Next Unlock Amount: 92.63M ARB
- % of Market Cap: 2.13% ($46.09M)
- Next Unlock Date: February 16, 2025
The same goes for Arbitrum, as the leading Layer 2 scaling solution to a number of crypto exchange is able to provide a greater value unlocking comparatively smaller to STIK. The extensive ecosystem however could lead to heavy volatility.
Zebec Network (ZBCN)
- Symbol: ZBCN
- Market Cap: $81.53M
- Circulating Supply: 71.83B ZBCN
- Next Unlock Amount: 2.23B ZBCN
- % of Market Cap: 3.11% ($2.53M)
- Next Unlock Date: February 16, 2025
Zebec network is set to unlock more than two billion tokens which may translate to short term price pressure. Traders ought to analyze its trade volume and liquidity before engaging in any activity.
Vana (VANA)
- Symbol: VANA
- Market Cap: $201.35M
- Circulating Supply: 30.80M VANA
- Next Unlock Amount: 452.60K VANA
- % of Market Cap: 1.46% ($2.95M)
- Next Unlock Date: February 16, 2025
Vana’s token unlock is relatively small compared to its total supply making it unlikely to have much impact. Nevertheless, traders must be aware of the changing sentiments in the market.
SuperRare (RARE)
- Symbol: RARE
- Market Cap: $58.91M
- Circulating Supply: 798.17M RARE
- Next Unlock Amount: 13.14M RARE
- % of Market Cap: 1.65% ($970.71K)
- Next Unlock Date: February 17, 2025
The SuperRare unlock event boast a relatively small impact, although it is unlikely an event of this caliber will be a catalyst for new price movement. Investors should monitor trade volume close to the date of the event.
ApeCoin (APE)
- Symbol: APE
- Market Cap: $532.98M
- Circulating Supply: 721.45M APE
- Next Unlock Amount: 15.38M APE
- % of Market Cap: 2.13% ($11.34M)
- Next Unlock Date: February 17, 2025
With regards to the market position of Web3 projects, it is possible that ApeCoin’s unlock may mist people’s perception. Even though the portion of market cap is rather insignificant, some shifts in activity from bigger players can be witnessed.
Ancient8 (A8)
- Symbol: A8
- Market Cap: $50.51M
- Circulating Supply: 232.00M A8
- Next Unlock Amount: 12.66M A8
- % of Market Cap: 5.49% ($2.77M)
- Next Unlock Date: February 17, 2025
Ancient8’s prevision may face a decentralizing event in form of the token unlock which increases volumes in the order books. Traders are advised to keep an eye on the tokens’ order book, looking for early warning signs.
Solv Protocol (SOLV)
- Symbol: SOLV
- Market Cap: $57.35M
- Circulating Supply: 1.48B SOLV
- Next Unlock Amount: 117.55M SOLV
- % of Market Cap: 7.92% ($4.54M)
- Next Unlock Date: February 17, 2025
When unlocks are this sizable in relativity to total supply outstanding, it invites selling pressure, and in this case, specifically focusing on Solv Protocol, it invites heavy selling. The unlock on the set date is significant and should be considered in volume trend watching for breakout potential.
Concluding Remarks
The commencement of any token unlock events tends to affect price levels due to early investors and certain team members making previously locked tokens available to them. Although some projects tend to experience selling pressure, others may utilize the sell order unsolicited tokens to further develop and grow the company. Monitor such projects with releasing unlocks and their price trends.
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