BTC $62,839.00 -2.81%
ETH $1,829.05 -4.67%
BNB $569.26 -2.27%
XRP $1.08 -2.44%
SOL $74.50 -3.52%
TRX $0.3220 -0.74%
DOGE $0.0717 -3.09%
ADA $0.1589 -3.03%
BCH $222.80 -0.49%
LINK $8.17 -4.12%
HYPE $59.20 -11.37%
AAVE $90.78 -4.98%
SUI $0.7334 -2.64%
XLM $0.1831 -3.02%
ZEC $531.27 -6.30%
BTC $62,839.00 -2.81%
ETH $1,829.05 -4.67%
BNB $569.26 -2.27%
XRP $1.08 -2.44%
SOL $74.50 -3.52%
TRX $0.3220 -0.74%
DOGE $0.0717 -3.09%
ADA $0.1589 -3.03%
BCH $222.80 -0.49%
LINK $8.17 -4.12%
HYPE $59.20 -11.37%
AAVE $90.78 -4.98%
SUI $0.7334 -2.64%
XLM $0.1831 -3.02%
ZEC $531.27 -6.30%

Aptos, Avalanche, and Hashflow will unlock over $320 million in tokens this month

2023-11-01 20:55:09
Collection

According to Foresight News, as reported by The Block, the total amount of token unlocks in November is $450 million, with Aptos, Avalanche, and Hashflow set to see significant unlocks, totaling over $320 million in tokens. Among them, Aptos will unlock 24.8 million APT tokens on November 12, accounting for 10% of its circulating supply, valued at approximately $172.9 million. The majority of the unlocked funds (about $82.7 million) will go to core contributors, with $58.6 million going to investors, $22.3 million to the community, and $9.3 million to the Aptos Foundation.

Avalanche will unlock 9.5 million AVAX tokens on November 24, valued at $106.9 million, accounting for 2.7% of its circulating supply. About $50.4 million will be allocated to the project team, $25.2 million to strategic partners, $18.7 million to the Avalanche Foundation, and $12.6 million for potential airdrops.

Hashflow will unlock 160.4 million HFT tokens on November 7, valued at approximately $41.3 million, accounting for 73.9% of its circulating supply. Of this, about $16.1 million will be allocated to early investors, $12.7 million for ecosystem development, $12.4 million to the core team, and $107,000 for community rewards. Additionally, tokens worth approximately $44,000 are released daily for ecosystem development and community rewards.

Furthermore, other notable token unlocks in November include Optimism ($33.3 million), ApeCoin ($20.8 million), and Sui ($15.5 million).

app_icon
ChainCatcher Building the Web3 world with innovations.