Major ApeCoin Unlock Incoming: Over 40 Million APE Tokens Set for Release—What Is the Market Impact?

APE
APE
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ApeCoin (APE), a focal point in the Web3 sector, is approaching a significant milestone. According to on-chain data, ApeCoin will undergo a substantial token unlock event at 08:00 UTC on September 17. Approximately 40.6 million APE tokens, valued at around $49.94 million at current market prices, will be released. Notably, this unlock represents 11.02% of APE’s total circulating supply, and the scale of this release may exert some pressure on the token’s price. Investors should closely monitor the potential impact of this unlock event on the secondary market.

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24hour-high
$0.4323
24hour-volume
$987.89K
alltime-high
$26.70
alltime-low
$0.1804
market-cap--f
90.87%
fdv
$398.20M
24hour-low
$0.3799
market-cap
$398.20M
circulating-s
908.66M APE
total-supply
1.00B APE
max-supply
1.00B APE
market-sentim
negative
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