According to Alex Wacy, a DeFi research specialist, many projects will undergo token unlocking this February. For the unaccustomed, token unlocks refer to the release of previously restricted tokens into circulation.
One of the reasons for the activity is to ensure that supply meets demand for a cryptocurrency. A look at the unlocks showed that about $1 billion worth of different tokens would be released into circulation.
Furthermore, the post above showed that some top projects would also be involved. Some of the projects include Aptos (APT), Immutable (IMX), Sui (SUI), Sei Network (SEI), an…
The post Nearly $1B Worth of Tokens Set to Unlock in February: Key Dates and Projects appeared first on Coin Edition.
According to Alex Wacy, a DeFi research specialist, many projects will undergo token unlocking this February. For the unaccustomed, token unlocks refer to the release of previously restricted tokens into circulation.
One of the reasons for the activity is to ensure that supply meets demand for a cryptocurrency. A look at the unlocks showed that about $1 billion worth of different tokens would be released into circulation.
Furthermore, the post above showed that some top projects would also be involved. Some of the projects include Aptos (APT), Immutable (IMX), Sui (SUI), Sei Network (SEI), an…
The post Nearly $1B Worth of Tokens Set to Unlock in February: Key Dates and Projects appeared first on Coin Edition.