🧵 1/4: In February, major token unlocks are set to flood the market, potentially increasing sell pressure. Aptos will release 7.32% of its total token supply, worth $224.82 million. #crypto
🧵 1/4: In February, major token unlocks are set to flood the market, potentially increasing sell pressure. Aptos will release 7.32% of its total token supply, worth $224.82 million. #crypto
🧵 2/4: On Valentine's Day, The Sandbox will issue $96 million worth of SAND tokens, equivalent to 9.19% of its entire supply. Why are these tokens being introduced now?
🧵 3/4: ApeCoin plans to release $21.84 million worth of APE tokens on Feb 16. Only 60% of its billion-token supply has been released thus far.
🧵 4/4: In the last weeks of February, significant token unlocks are scheduled. Avalanche will release $363.5 million worth of AVAX, while Optimism will increase OP token circulation by 2.52% ($82.87 million).
🧵 Read more at: https://decrypt.co/216825/major-token-unlocks-coming-for-aptos-sandbox-avalanche-and-more-in-february