Over $133 million in crypto will be unlocked this week, potentially creating volatility for the digital assets. Here are the most significant token unlocks for the week.
On March 13, over 11.3 million APT tokens will be unlocked, representing almost 1% of the supply. The unlock amount is over $63,7 million or 1,9% of the coin’s market cap. APT’s fully diluted market cap is $6.43 billion.
Data from CryptoRank notes that over 39% of the total supply has been unlocked so far.
Today, the price of APT is down by 8% and the coin is trading at $5.54 with a market cap of $3.27 billion. Earlier, the coin’s price dropped to $5.37 and spiked above $5.72 before settling at current levels.
Today, March 10, 50 million MOVE tokens are unlocked, representing 0.5% of the total supply. The unlock amount is over $23,6 million or over 2% of the fully diluted market cap at $4,69 billion.
So far, 24% of the coin’s supply has been unlocked.
Today, MOVE is down by over 12% and the coin is trading at $0.46 with a market cap of $1.1 billion.
On March 12, over 178,5 million MOCA tokens will be unlocked, representing over 2% of the total supply. More than $15,2 million will be unlocked or over 9% of the fully diluted market cap at $767 million.
Currently, MOCA is down by over 6% and it’s trading at $0.09 with a market cap of over $172 million.
On March 16, 2,75 million STIK tokens will be unlocked, representing 1.1% of the total supply. The unlock amount is over $14.3 million or over 11% of the fully diluted market cap of the token at $1,03 billion.
So far, 17.7% of the token supply has been unlocked.
Today, STIK price dropped from $5.21 to $5.14 and it’s now trading at $5.16 with a market cap of over $242 million.
On March 16, almost 64 million STRK will be unlocked, or over 0.6% of the total supply. The unlock amount is over $10.3 million or more than 2.3% of the fully diluted market cap of the token at $1.61 billion.
So far, more than 14% of the total token supply has been unlocked.
STRK is down by 4% today and it’s trading at $0.16 with a market cap of over $441 million.
On March 12, more than 66,4 million AGI tokens will be unlocked, or over 2.2% of the total supply. The unlock amount is over $3,3 million or more than 4.3% of the fully diluted market cap of the token at $149 million.
So far, over 48% of the total token supply has been unlocked.
Today, AGI is down by more than 6% and it’s trading at around $0.05 with a market cap above $56 million.
On March 12, over 3 million IO tokens will be unlocked, representing 0.38% of the total supply. Over $2,4 million will be unlocked, or more than 2% of the fully diluted market cap of the token at $646 million.
So far, almost 15% of the total supply has been unlocked.
Today, IO is down by more than 7% trading at $0.83, with a market cap of over $120 million.
These token unlocks are important events as they can create buying or selling pressure for the tokens involved.