The crypto community is waiting for significant token unlocks to take place

The crypto community is waiting for significant token unlocks to take place. As per the data from Phoenix Group, the notable crypto token unlocks

The crypto community is eagerly awaiting the upcoming token unlocks, which will see significant amounts of tokens being released back into circulation. According to the data from Phoenix Group, the notable crypto token unlocks to come include Aptos (

).

The crypto analytics firm shared the list of these upcoming top token unlocks in its recent X post.

MAJOR UPCOMING TOKEN UNLOCKS

#Aptos $APT #BounceBit $BB #Sei $SEI #StarkNet $STRK #Arbitrum $ARB #Immutable $IMX #ApeCoin $APE #Avalanche $AVAX #MantaNetwork $MANTApic.twitter.com/ZJkkBAVynv

Aptos Leads Top Crypto Token Unlocks to Come with .20M in Allocation

The 1st place in the list of top crypto projects to see token unlocks in near future is taken by Aptos ($APT). It will record up to 0.98% of the cumulative supply thereof in token unlock on Friday, May 12. Specifically, 11.31 $APT (equal to $68.20M) are set to be unlocked.

After that, BounceBit ($BB) is going to see 2.13% of the cumulative token supply in the latest token unlock. This event will include 44.70M $BB, denoting $7.80M in total.

Subsequently, on Monday, the 15th of May, Sei ($SEI) will record 1.09% of the total supply in token unlock event. In this respect, up to 55.56M $SEI tokens will be unlocked, accounting for $14.93M.

Additionally, StarkNet ($STRK) has scheduled 127.00M $STRK (nearly $23.87M) tokens for the impending unlock. This amount represents 4.09% of StarkNet’s total token supply.

Apart from that, Arbitrum ($ARB) is another prominent crypto player that has scheduled a token unlock for Tuesday, May 16. In this event, 92.63M $ARB (approximately $42.78M) tokens will be unlocked, equaling 0.93% of overall token supply.

In addition to this, Immutable ($IMX) has allocated 24.52M $IMX tokens, representing 1.23% of supply, to be unlocked. This token unlock will occur on May 16, comprising a total value of up to $18.34M.

Manta Network Bottoms List with .41M in Token Allocation for Upcoming Token Unlock

Phoenix Group’s list of noteworthy token unlocks also includes Apecoin ($APE) in the 7th place. The token unlock is scheduled for Wednesday, May 17 and will comprise nearly 1.54% of the total $APE supply. In this respect, almost 15.38M $APE tokens will be unlocked, accounting for $10.72M in value.

Along with that, Avalanche ($AVAX) has allocated 0.40% (1.67M $AVAX) of the token supply for the impending token unlock. The token unlock will take place on May 17, valued at $43.85M.

Moreover, Manta Network is another considerable crypto project in the case of token unlocks. Specifically, on Thursday, May 18, it will unlock 1.36% (13.63M $MANTA) of the cumulative token supply thereof, denoting $4.41M in total.