Over $100 Million Worth of Tokens to Be Unlocked Next Week

Major cryptocurrency token unlocks are set to take place next week, with over $100 million in tokens slated to be released into the market. Tokenomist, a platform that tracks and reports on crypto token economics, announced on X that several significant projects will be unlocking tokens between the 20th and 26th. According to Tokenomist's data, Immutable X (IMX) will have the largest token unlock next week. On the 24th, Immutable X will unlock tokens valued at approximately $33.59 million, which constitutes 1.43% of the circulating supply. Apex Protocol (APEX) will also be unlocking a substantial amount of tokens on the 20th. The platform will be unlocking tokens valued at about $18.80 million, which comprises 18.71% of the circulating supply. Altlayer (ALT) is also set to unlock a significant amount of tokens on the 25th. The platform will be unlocking tokens valued at about $24.38 million, which comprises 10.39% of the circulating supply. Other projects that are set to unlock tokens next week include SPACE ID (ID) and Etena (ENA). Meanwhile, Ondo Finance (ONDO), which is listed on both Upbit and Bithumb, is set for a massive token unlock. On the 21st at 9 AM (KST), Ondo Finance will be unlocking tokens that are valued at an astonishing 134.21% of the circulating supply.