This week's large unlock: WET, ME, and APT will unlock over $30 million worth of tokens.


This week's large unlock: WET, ME, and APT will unlock over $30 million worth of tokens. BlockBeats news, June 8, according to Token Unlocks data, this week WET, ME, and APT will experience a one-time large token unlock, totaling over $30 million in releases, including:
HumidiFi (WET) will unlock 256 million tokens on June 9, worth about $14.66 million, accounting for 111.59% of circulating supply;
Babylon (BABY) will unlock 136 million tokens on June 10, worth about $2.27 million, accounting for 6.87% of circulating supply;
Magic Eden (ME) will unlock 172 million tokens on June 10, worth about $10.36 million, accounting for 33.99% of circulating supply;
Aptos (APT) will unlock 11.31 million tokens on June 12, worth about $7.58 million, accounting for 0.67% of circulating supply. [Original link]
Next, three things need to be watched: whether related funds continue to flow in, whether on-chain trading volume and holdings keep expanding, and whether project teams or regulators provide new confirmation information. A single piece of news can only indicate that sentiment has been ignited; subsequent data will determine if it can solidify into a trend.
Risks should also be considered: if subsequent trading and capital flow cannot keep up, the market may easily absorb it as a one-time pulse.
$wet #apt #on-chain data
WET1.33%
ME5.18%
APT1.23%
BABY3.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned