3 Token Unlocks for the Second Week of July
2025/07/06 10:30As we enter the second week of July, the crypto market braces for a wave of token unlocks. This week, three major ecosystems, Cheelee (CHEEL), Immutable X (IMX), and Aptos (APT), are set to unleash significant new token supply.
Here is a breakdown of what to watch for each project.
1. Aptos (APT)
- Unlock Date: July 12
- Number of Tokens to be Unlocked: 11.31 million APT (0.98% of Total Supply)
- Current Circulating Supply: 644.5 million APT
- Total supply: 1.15 billion APT
Aptos is a layer-1 blockchain that uses the Move programming language by Facebook (Meta). The primary objective of Aptos is to provide users with higher scalability, security, usability, and reliability.
On July 12, the network will release 11.31 million APT into the crypto market. The tokens are worth $50 million and represent 1.75% of the current circulating supply. Aptos will award the majority of these tokens to the community and allocate about 10% of the unlocked tokens to staking rewards.
APT Token Unlock. Source:
2. Immutable (IMX)
- Unlock Date: July 11
- Number of Tokens to be Unlocked: 124.52 million IMX (1.23% of Total Supply)
- Current Circulating Supply: 1.8 billion IMX
- Total supply: 2 billion IMX
Immutable X is Ethereum’s Layer-2 scaling solution designed specifically for NFTs, leveraging zero-knowledge rollups.It enables gas-free NFT minting and trading, offering instant trade finality and high throughput of over 9,000 transactions per second.
Immutable will unlock 124 million IMX tokens on July 11, worth over $10 million. This represents 1.31% of Immutable’s total market cap. The project will allocate the majority of the unlocked tokens for ecosystem development. About 5% of the unlocked tokens allotted for public sale as well.
Immutable Token Unlock Allocation. Source:
3. Cheelee (CHEEL)
- Unlock Date: July 10
- Number of Tokens to be Unlocked: 2.67 million CHEEL (0.27% of Total Supply)
- Total supply: 1 billion CHEEL
Cheelee is a social media platform that rewards users and creators for watching and producing content. It also features an NFT ecosystem, allowing users to buy, sell, upgrade, mint, stake, and collect NFT Glasses. The platform uses its native token, CHEEL, for governance, NFT upgrades, and in-app transactions.
Cheelee will unlock 2.67 million CHEEL tokens on July 10, with a total value of approximately $13.4 million. The platform will assign most of the unlocked tokens as Cheelee rewards.
CHEEL Token Unlock. Source:
Other prominent token unlocks that investors can look out for this week include Delysium (AGI), Moca (MOCA), and Xave (XAV).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI investment enters the "Trough of Disillusionment", the next 18 months will be a life-or-death test!
Goldman Sachs believes that the AI investment cycle is currently in the "trough of disillusionment," but this is not the first time. The core contradiction lies in the fact that the business models of new cloud computing providers are highly dependent on end-user returns from AI spending, while currently "there are basically zero companies that can attribute profits to AI." Social Capital founder Palihapitiya has clearly defined an 18-month key window, during which the market will decide which AI business models are sustainable and which are not.
Anthropic's Core Concern: Revenue Can Be Withdrawn at Any Time, but Computing Power Costs Are Locked in for up to 20 Years
Zheshang Securities believes that Anthropic's revenue is mainly based on usage-based billing, with remaining performance obligations covering only about 5.1 months of annualized revenue, while compute power costs are already locked in with $895.4 billion in irrevocable commitments, some extending as far as 2045. Revenues can be reduced at any time, but costs are non-exitable, creating a highly asymmetric maturity gap between the two—this is the company's real core constraint.
Triple Pressure from the Federal Reserve, Treasury, and Congress; Goldman Sachs: Liquidity Crisis May Occur in 2027
Goldman Sachs warns that the reserve ratio of bank assets has dropped to around 11%, only slightly above the crisis trough of 2019. In the second half of 2027, a deadlock in debt ceiling negotiations will force the Treasury to rebuild the TGA, triggering a "perfect storm" of a sharp drop in reserves and a surge in T-bill supply; combined with stalled money market fund buying, this will create a huge liquidity black hole. The Federal Reserve could be forced into the awkward position of lowering interest rates and launching large-scale bond purchases to rescue the market.
Crypto prices
More
