June promises to be another significant month for token unlocks in the world of crypto, as significant projects unlock over $650 million worth of tokens
at current prices.
Much of that sum is made up of dual $100 million unlocks from Ethereum Layer 2 network Arbitrum and buzzy Layer 1 Aptos, though a wide variety of projects and protocols plan to unlock tokens in June. Here are all the significant unlocks coming up this month, according to Token Unlocks data. Aptos, one of two projects largely staffed by former members of Facebook's Libra currency project , will unlock another 2.59% of its circulating supply on May 12, 11.
June 19: Pixels will unlock 7% of its circulating supply, 54 million tokens worth about $25 million at current prices. June 25: AltLayer will unlock 6.9% of its circulating supply, 105 million tokens worth about $36 million at current prices. June 30: Echelon Prime will unlock 4% of its circulating supply, 1.7 million tokens worth about $28 million at current prices. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures.
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