The encryption project will unlock tokens worth 2.6 billion US dollars in November
According to Cointelegraph, data tracking agency Tokenomist reports that $2.68 billion worth of crypto assets will be unlocked in November. Over $900 million tokens will be unlocked in a cliff-like manner, while about $1.7 billion tokens will be linearly unlocked.
The Meme project Memecoin plans to unlock 3.45 billion tokens through airdrops, valued at approximately $37.8 million. In addition to the cliff unlocking, linear token unlocking will also be executed for its contributors. More than 10 million MEME tokens per day will be released, valued at approximately $117,000. The blockchain Aptos will unlock another 11.31 million tokens worth $93 million; of which around $32 million is allocated to core contributors of the project, $26 million is distributed to the community, and investors are given an allocation of about $23million with the remaining amount going towards their foundation fund . The current trading price for APT token is roughly around$8.24 , down by 54% from its high point of$18:14 in 2024.Avalanche Foundation would also release AVAX Tokens worth$39 Million whereas Optimism would release Tokens worth$44 Million for their investors and key contributors.Meanwhile,Ethereum L2 network Arbitrum would issue92:65Million Tokens valuing up-to$45 Million.These Crypto-Tokens are distributed among it's Investors ,Team Members and Advisors.
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