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Cryptocurrency News Articles

5 Large Token Unlocks Scheduled for Next Week, from Starknet (STRK) to Ondo Finance (ONDO)

Jan 12, 2025 at 05:00 pm

Projects schedule these events strategically to limit market pressure and stabilize prices.

5 Large Token Unlocks Scheduled for Next Week, from Starknet (STRK) to Ondo Finance (ONDO)

Several projects are scheduling large token unlocks for the upcoming week, with a total value exceeding $2.8 billion. These unlocks aim to release previously restricted tokens tied to fundraising agreements.

Starknet (STRK) will unlock 64 million tokens on January 15, allocated to investors and early contributors.

Sei (SEI) is set to release over 55 million tokens on January 15, allocated to its team members.

Arbitrum (ARB) will unlock 92.65 million tokens, valued at approximately $68 million, and allocated to the team, advisors, and investors.

Apecoin (APE) will release over 15 million tokens on January 17, allocated to the treasury, founders, team, and contributors.

Ondo (ONDO) plans a major token unlock on January 18, valued at $2.42 billion and allocated for private sale participants, ecosystem growth, and protocol development.

News source:beincrypto.com

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Other articles published on Jan 12, 2025