CryptoRank: Aptos Token Unlock to Add $161M to Circulation
- A massive $161.20 million worth of Aptos (APT) will be released in the market.
- $48.23 million worth of STRK will also be unlocked on 15th December.
- $17.36 in MOCA and $16.09 in AGI will also hit the market this week.
Bitcoin (BTC) briefly reclaimed the $100,000 price level but failed to sustain the momentum, falling to $99,048 after hitting a daily low of $98,579.36. Meanwhile, news of significant token unlocks this week added to the bearish sentiment in the crypto market.
According to CryptoRank.io, the largest unlocking event involves the Aptos (APT) blockchain. On December 12, $161.20 million worth of APT tokens will be released, amounting to 11.31 million tokens. Over the past day, APT has dropped 4.15%, trading at $13.81, as reported by CoinMarketCap.
Other Significant Token Unlocks This Week
In addition to APT, several other cryptocurrencies are set for major unlocks:
- Starknet (STRK): $48.23 million worth of STRK tokens will be unlocked on December 15, introducing 63.99 million tokens into circulation. STRK dropped over 4% in the past day, trading at $0.7277.
- Moca Network (MOCA): On December 11, $17.36 million worth of MOCA tokens will …
The post CryptoRank: Aptos Token Unlock to Add $161M to Circulation appeared first on Coin Edition.
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CryptoRank: Aptos Token Unlock to Add $161M to Circulation
- A massive $161.20 million worth of Aptos (APT) will be released in the market.
- $48.23 million worth of STRK will also be unlocked on 15th December.
- $17.36 in MOCA and $16.09 in AGI will also hit the market this week.
Bitcoin (BTC) briefly reclaimed the $100,000 price level but failed to sustain the momentum, falling to $99,048 after hitting a daily low of $98,579.36. Meanwhile, news of significant token unlocks this week added to the bearish sentiment in the crypto market.
According to CryptoRank.io, the largest unlocking event involves the Aptos (APT) blockchain. On December 12, $161.20 million worth of APT tokens will be released, amounting to 11.31 million tokens. Over the past day, APT has dropped 4.15%, trading at $13.81, as reported by CoinMarketCap.
Other Significant Token Unlocks This Week
In addition to APT, several other cryptocurrencies are set for major unlocks:
- Starknet (STRK): $48.23 million worth of STRK tokens will be unlocked on December 15, introducing 63.99 million tokens into circulation. STRK dropped over 4% in the past day, trading at $0.7277.
- Moca Network (MOCA): On December 11, $17.36 million worth of MOCA tokens will …
The post CryptoRank: Aptos Token Unlock to Add $161M to Circulation appeared first on Coin Edition.
Read More
Ethereum’s Path to $5,000 Clears, as Exchange Supply Hits YTD Low, ETF Flows Rebound