Altcoin Unlocks Total $108M: Key Events from January 20-26
- A substantial $33.59 million in Immutable (IMX) tokens will hit the market on January 24th.
- On January 25th, $24.38 million in AltLayer (ALT) will also be unlocked.
- A total of $108 million in altcoins will be released into the market next week.
A massive $108 million worth will unlock between January 20th and January 26th. This comes as the digital asset sector recovers from last week’s sell-off. The unlocking is led by Immutable (IMX), a layer-two scaling solution for NFTs on Ethereum, and Altlayer (ALT), a decentralized protocol for rollups.
According to a post on X (formerly Twitter) by Tokenomist (previously known as TokenUnlocks), the $108 million worth of unlockings will begin with ApeX (APEX) on January 20th. A significant 10 million APEX tokens (18.71% of circulating supply) worth $18.80 million will be unlocked alongside $1.06 million worth of Galxe (GAL) tokens.
Related: Crypto Market Sentiment Turns Bullish as BTC and XRP Surge
On January 21st, over $4.33 million worth of EigenLayer (EIGEN) tokens (0.55% of circulating supply) will be released. Then, on January 22nd, 18.49 million Space ID (ID) tokens (4.29% of circulating supply) worth $8…
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Altcoin Unlocks Total $108M: Key Events from January 20-26
- A substantial $33.59 million in Immutable (IMX) tokens will hit the market on January 24th.
- On January 25th, $24.38 million in AltLayer (ALT) will also be unlocked.
- A total of $108 million in altcoins will be released into the market next week.
A massive $108 million worth will unlock between January 20th and January 26th. This comes as the digital asset sector recovers from last week’s sell-off. The unlocking is led by Immutable (IMX), a layer-two scaling solution for NFTs on Ethereum, and Altlayer (ALT), a decentralized protocol for rollups.
According to a post on X (formerly Twitter) by Tokenomist (previously known as TokenUnlocks), the $108 million worth of unlockings will begin with ApeX (APEX) on January 20th. A significant 10 million APEX tokens (18.71% of circulating supply) worth $18.80 million will be unlocked alongside $1.06 million worth of Galxe (GAL) tokens.
Related: Crypto Market Sentiment Turns Bullish as BTC and XRP Surge
On January 21st, over $4.33 million worth of EigenLayer (EIGEN) tokens (0.55% of circulating supply) will be released. Then, on January 22nd, 18.49 million Space ID (ID) tokens (4.29% of circulating supply) worth $8…
The post Altcoin Unlocks Total $108M: Key Events from January 20-26 appeared first on Coin Edition.
Read More