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Cryptocurrency News Articles
GameFi Sector Gets Resurgence, But a Closer Look at Token Allocations Reveals Major Differences
Aug 24, 2024 at 03:27 pm
As the GameFi sector experiences a resurgence, a closer look at token allocations reveals substantial differences across major projects
As the GameFi narrative resurfaces, a closer look at locked token allocations reveals substantial differences between projects, highlighting their varying stages of development and market strategies.
$SAGA still has 94% of its total supply vesting, indicating a long runway ahead for token unlocks. In contrast, $XAI has over 60% of its supply locked, with a significant portion concentrated within team and investor allocations, suggesting potential future sell pressure.
Meanwhile, $IMX stands out with less than 25% of its supply still locked, with all investor tokens already unlocked, highlighting its advanced stage in token distribution. Finally, $SAND is in its final distribution phase, with only 6.8% of its supply locked and no remaining investor allocations, emphasizing its maturity in the market.
As the GameFi sector experiences a resurgence, a closer look at token allocations reveals substantial differences across major projects, signaling varying stages of development and market strategies.
$SAGA still has 94% of its total supply vesting, suggesting a long runway for future token unlocks. In contrast, $XAI has over 60% of its supply locked, with a significant portion concentrated within team and investor allocations, indicating potential future sell pressure.
Meanwhile, $IMX stands out with less than 25% of its supply still locked, with all investor tokens already unlocked, highlighting its advanced stage in token distribution. Finally, $SAND is in its final distribution phase, with only 6.8% of its supply locked and no remaining investor allocations, emphasizing its maturity in the market.
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