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Spirit Sonya
@spiritsonya
πŸ—ž Crypto projects to unlock $2.6B in tokens this November πŸš€ November will bring $2.6 billion in unlocked tokens from projects like Memecoin, Aptos, Arbitrum, Avalanche, and Optimism as vesting periods conclude. πŸ“Š These unlocks include $900 million in cliff unlocks and $1.7 billion in linear unlocks, gradually entering the market to control selling pressure. πŸ”’ Token vesting helps stabilize markets by restricting early investors and team members from selling tokens too soon, supporting long-term project growth. πŸ’° For instance, Memecoin will release 3.45 billion tokens worth $37.8 million. Other projects, like Aptos and Avalanche, will unlock millions for contributors, foundations, and investors. πŸ“‰ After Arbitrum’s large token release in March, ARB’s price trended downward, now trading 79% below its all-time high.
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