Crypto token unlocks are typically considered bearish events for asset prices.
SUI, Aptos and ApeCoin token unlocks are lined up for the first two weeks of November. A total of $204 million worth of assets are set to enter circulation following the unlock events. SUI, APT and APE holders can expect volatility in asset prices in the short term. Unlocked tokens enter circulation, increasing the selling pressure on the asset across cryptocurrency exchange platforms. SUI , Aptos and ApeCoin token unlock events are scheduled on November 3, 12 and 17, respectively.
Traders can expect volatility in SUI prices closer to the unlock event. Find out more about price targets here. APT token unlock: $169.92 million in Aptos tokens to enter circulation APT tokens worth $169.92 million, representing 10.03% of the circulating supply of the asset, are set to enter circulation on November 12. This is another Cliff unlock event and the 24.84 million unlocked APT tokens will be distributed to the foundation, core contributors, investors and the community.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Aptos and Avalanche dominate among $450 million in November token unlocksAptos will see the largest token unlock by value at around $173 million, while Hashflow will see its circulating supply increase nearly 74%.
Read more »
SUI faces risk of sell off as $15.88 million token unlock approachesSUI, a Layer 1 blockchain token, is gearing up for a $15.88 million token unlock event.
Read more »
Cryptocurrencies Price Prediction: UNIBOT, Cosmos & SUI – European Wrap 31 OctoberTelegram based crypto trading bot, Unibot, is suspected of having suffered an exploit.
Read more »
Jenna Ortega, Christine Baranski Celebrate Thom Browne 20th AnniversaryChristopher Briney, Lola Tung, King Princess, Chase Sui Wonders and more wore their Thom Browne best to The Grill to celebrate the designer’s 20th anniversary Monday evening.
Read more »
Bitget, Floki teams accuse each other of manipulation after token listingFloki claimed that Bitget listed the coin before it was available for trade, while Bitget claimed that Floki manipulated the price by controlling its liquidity pool.
Read more »
Bitget Global hit by $10 million deficit after listing fake version of TOKENBitget, a cryptocurrency derivatives exchange that recently made the headlines for listing Floki’s TOKEN, is hit by a $10 million deficit.
Read more »