🔥 Trade with Pros on Discord → 21 Days Free (No Card)JOIN FREE

XDC Network (XDC) leads $400 million token unlock this week

In this post:

  • Over $400 million in token unlocks are scheduled between February 3 and 10, with XDC Network leading cliff unlocks.
  • Mid-sized unlocks include MOVE at $27.8 million, Worldcoin at $59.2 million, and Dogecoin at $22.1 million.
  • Smaller unlocks from projects like SUI, NEAR, and DOT may impact market liquidity

The large token unlocks scheduled for the week between February 3 and February 10 are valued at over $400 million across multiple projects.

According to data from Tokenomist, XDC Network (XDC) leads the cliff unlocks with 841.18 million tokens worth $65.13 million.

XDC Network leads large cliff unlocks

The upcoming week features XDC Network (XDC) at the lead of cliff unlocks. The project will release 841.18 million tokens valued at $65.13 million, representing 5.36% of its circulating supply. Tokenmosit data shows that MOVE Protocol (MOVE) will release 50 million tokens worth $27.79 million, adding 2.17% to its circulating supply.

The mid-range unlocks show Kaspa (KAS) plans to release 172.01 million tokens valued at $13.70 million, affecting 0.67% of its supply. Neon Protocol (NEON) prepares for a more substantial unlock of 53.91 million tokens worth $13.03 million. This represents 22.51% of its circulating supply. Banana Network (BANANA) rounds out the major cliff unlocks with 250,000 tokens valued at $6.16 million, impacting 7.20% of its supply.

Solana and Worldcoin top linear unlocks

Solana (SOL) maintains its position as the leader in linear unlocks, with 465.77K tokens worth $88.14 million scheduled for release. However, this represents just 0.10% of its circulating supply. Worldcoin (WLD) follows with 37.23 million tokens valued at $59.19 million, adding 3.92% to its supply. Next is Dogecoin (DOGE) with a release of 96.30 million tokens worth $22.09 million, impacting 0.07% of its supply.

See also  Galaxy research reveals Ethereum’s Dencun upgrade increased failed transactions and L2 bots

In mid-tier tokens, TIA Protocol (TIA) prepares to release 6.99 million tokens valued at $23.76 million, affecting 1.39% of supply. Next, Avalanche (AVAX) will release 700,000 tokens worth $16.23 million, which is 0.17% of its supply. Tao Protocol (TAO) continues with 50,400 tokens valued at $14.15 million, adding 0.61% to circulation.

Smaller but notable releases include Sui (SUI), with 3.72 million tokens worth $12.16 million; Polkadot (DOT), with 2.81 million tokens worth $11.74 million; and NEAR Protocol (NEAR), with 2.97 million tokens worth $9.02 million. The schedule concludes with Jito (JTO) releasing 4.20 million tokens worth $10.68 million and Ethereum Name Service (ENS) unlocking 309,190 tokens valued at $7.32 million.

Less popular token unlocks

Several smaller market capitalization projects face notable unlock events as per CoinMarketCap data. On the unlock schedule, VaporFund (VPR) prepares to release 48.69 million tokens valued at $61,889, representing 4.87% of total locked tokens. The project currently shows 53.83% unlock progress.

Source: CMC

DAR Open Network (D) approaches a more substantial release with 21.07 million tokens scheduled, worth $1.85 million. With 80.17% of its unlock progress complete, this release adds 2.63% to the locked supply. Similarly, Sleepless AI (AI) prepares for an unlock of 17.27 million tokens valued at $5.61 million while showing 26.13% progress in its overall distribution schedule.

See also  Walmart shoppers to earn crypto back as retailing giant enables digital asset

The market should also watch out for Trailblaze (XBLAZE) and Stella Fantasy (SFTY), with scheduled releases of 7.11 million and 15.71 million tokens, respectively.

Share link:

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Editor's choice

Loading Editor's Choice articles...

- The Crypto newsletter that keeps you ahead -

Markets move fast.

We move faster.

Subscribe to Cryptopolitan Daily and get timely, sharp, and relevant crypto insights straight to your inbox.

Join now and
never miss a move.

Get in. Get the facts.
Get ahead.

Subscribe to CryptoPolitan