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In cryptocurrencies, close to $1 billion worth of tokens will be unlocked in February
Token unlocks, which are one of the metrics that cryptocurrency investors pay the most attention to, will oscillate close to $1 billion in February. Especially in projects such as AVAX, APT and SAND, there are huge unlocks.
There will be very important and major key expansions in cryptocurrency projects in February. The total expansion value exceeds 900 million dollars.
$339 million expansion coming in AVAX
This month's biggest clay reveal will take place in AVAX. On February 22, 9.5 million tokens will be put into circulation. Despite this massive expansion in AVAX, the number of tokens that will be released accounts for only 2.6% of the total supply.
After AVAX, the biggest unlock of the month will be in Aptos. 24.8 million APT tokens, worth $229 million, will be unlocked on Feb. 11. The ratio to supply here is around 7%.
For SAND, the token of the Metaverse project Sandbox, there is a token expansion of 94 million dollars. 209 million SAND will enter circulation on February 14. This number of tokens corresponds to a large part of the total supply, such as 10%.
Apart from these tokens, $52.9 million worth of tokens will be included in the system on February 3 in SUI and $77 million in Optimism on February 29.
#Avax. #Sand. Apt. SUI. #Optimisim.
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