As December approaches, the crypto community is abuzz with upcoming token unlocks that promise to inject substantial liquidity into the market. Leading the pack is the decentralized exchange dYdX, with a scheduled unlock of 150 million tokens on December 1, constituting 30% of its allocated tokens. TOP 7 ICO, a crypto news and analytics platform on Twitter, shared a tweet indicating the huge Unlock. The tweet says investors, founders, and employees are poised for a windfall, as this event carries a staggering value of $500 million.
ImmutableX (IMX) is also in the spotlight, set to unlock tokens worth $48.35 million on the same day. This move could potentially redefine its market standing and garner increased attention from investors. Crypto market aggregator CryptoRank puts together the top 10 upcoming token unlocks in December in a tweet.
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