-17 projects, including 1inch, Tornado Cash, Moonbeam, ApeCoin and Aptos, are scheduled to unlock a portion of their tokens throughout the month of February, worth a total of $588M.
-The Sandbox’s unlock, scheduled for Feb. 14, will be the most valuable of the month, releasing 372 million SAND tokens, valued at around $266 million.
-BitDao’s unlock, scheduled for Feb. 15, will release 187 million BIT tokens into circulation, valued at around $97 million.
February is set to be an exciting month for token holders, as 17 projects are scheduled to unlock a portion of their tokens throughout the month, worth a total of $588 million in all. Among the projects releasing tokens into circulation are 1inch (1INCH), Moonbeam (GLMR), Aptos (APT), ApeCoin (APE), and Tornado Cash (TORN).
The most valuable unlock of the month is set to come from The Sandbox (SAND) on February 14th, which will release 372 million SAND tokens, valued at around $266 million. This will be followed by BitDao (BIT)’s unlock on February 15th, releasing 187 million BIT tokens, valued at around $97 million. APT’s unlock, scheduled for February 12th, will be the third largest of the month, releasing $75 million worth of APT tokens into circulation.
The first unlock of the month is set to come from 1INCH on February 1st, releasing 64,286 tokens into circulation, priced at $32,566. This will be followed by Galxe (GAL), NYM, and X2Y2 on February 2nd, 3rd, and 4th, releasing $436,538, $23 million, and $5 million respectively. X2Y2’s unlock will take place on a daily basis, releasing $109,964 worth of tokens into circulation each day.
All in all, February is shaping up to be an exciting month for token holders, as 17 projects will be releasing a total of $588 million worth of tokens into circulation, providing an opportunity for investors to diversify their portfolios and take advantage of the potential benefits of these tokens. With so many projects unlocking their tokens, it is sure to be an eventful month for the cryptocurrency community.