Data: The scale of token unlocking in February may approach 900 million US dollars, with Avalanche, Aptos and The Sandbox leading the way

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2024/02/03 08:36

According to Token Unlock data, the scale of token unlocking in February may approach $900 million USD, including:

1. Avalanche plans to unlock approximately 9.5 million tokens on February 22nd, valued at about $320 million USD. These tokens will be used for airdrops by the Avalanche Foundation, strategic partners and team members.

2. Aptos plans to unlock 24.8 million tokens on February 11th, valued at about $233 million USD. This includes allocations for core contributors, investors as well as community and foundation programs.

3. The Sandbox will unlock 209 million tokens worth approximately $90 million USD with some reserved for storage as well as team and advisor allocation.

4.On February 29th, Optimism plans to unlock 24 million OP tokens for its core contributors and investors which are valued at around $70million USD.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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