|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Token Unlocks: Xai (XAI), Aptos (APT), and Starknet (STRK) to Release Tokens Next Week
Sep 09, 2024 at 01:41 am
Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.
Three Major Token Unlocks To Watch Next Week
Token unlock involves releasing tokens that were previously blocked under fundraising terms. Projects carefully schedule these releases to avoid market pressure and prevent a drop in token prices.
However, factors like lack of liquidity or early investor profit-taking can significantly impact an asset’s dynamics.
Here are three major unlocks to watch next week.
XAI (XAI)
Xai is the world’s first Layer-3 solution tailored for AAA gaming, built on Arbitrum technology. By simplifying wallet management, Xai eliminates the usual complexities of blockchain integration, making it a seamless addition to the gaming ecosystem.
On September 9, the project will unlock 35.88 million XAI tokens and distribute them to the team, investors, reserves, and the broader ecosystem.
Aptos (APT)
Aptos is a Layer-1 blockchain designed to provide a secure and scalable infrastructure for decentralized applications. With a focus on security and performance, it incorporates innovative technologies to enhance the blockchain experience.
Despite being one of the most successful blockchain projects in recent years, Aptos has faced criticism from the crypto community for its tokenomics, which are heavily influenced by venture capital.
A major portion of APT tokens remains locked. On September 11, the project will distribute 11.31 million APT tokens to community members, core contributors, and investors.
Starknet (STRK)
Starknet is developing a ZK-Rollup Layer-2 solution to scale decentralized applications on Ethereum. Following a successful investment round, the team introduced the STRK token, essential for decentralizing the network.
“The STRK Token was born so that STARK-based scaling can happen in a more decentralized way. The token design helps Starknet to be run and managed by the community, and Provisions is a powerful means to achieve this,” said Diego Oliva, CEO of Starknet Foundation.
On August 15, the project will unlock 64 million STRK, distributed to investors and early contributors.
Other cliff unlocks next week include io.net (IO), Ethena (ENA), Cyber (CYBER), and Render (RNDR), totaling over $114 million. While many view unlocks as bearish, a well-planned schedule can strengthen a project’s long-term viability. Aligned with milestones and development progress, these unlocks will motivate team members, boost community engagement, and contribute to the ecosystem’s growth.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- MEW Coin Bulls Face Two Key Resistance Levels After Noting 34% Gains Since September 18
- Sep 20, 2024 at 10:20 pm
- cats in a dogs world [MEW] noted gains of 34% since the 18th of September. The lower timeframe momentum was turning bullish for the memecoin
-
- Catizen (CATI) Coin Skyrockets 1400% After Binance Listing
- Sep 20, 2024 at 10:20 pm
- The Catizen (CATI) Coin made a strong entrance into the market, surging 1400% from its listing price of $0.08 to reach $1.2 before paring some of its gains.
-
- Claiming Commandos: Conquer the Cardano Midnight Airdrop
- Sep 20, 2024 at 10:20 pm
- Claim your Cardano Midnight Airdrop: Tutorial. 🔸Token Airdrop: Cardano Midnight🔸Duration: 4 min🔸Needed Investmnet: zero🔸Anticipated Earnings: 1500$+
-
- Intel Markets (INTL) AI-Powered Trading Platform Rallies to $370k Post-FOMC, With Cardano (ADA) and AAVE Traders Diving Into the Project
- Sep 20, 2024 at 10:20 pm
- The cryptocurrency market is buzzing with excitement following the recent FOMC meeting. As the dust settles and investors assess the implications of the rate cut, certain projects are emerging as top contenders.
-
- $DERO Airdrop: Claim It or Lose It All!
- Sep 20, 2024 at 10:20 pm
- Maximize Your Dero Claim Today!
-
- Catizen Launches Its $CATI Token on Multiple Exchanges, Including Binance, OKX, Bybit, Gate.io, and Bitget
- Sep 20, 2024 at 10:20 pm
- Mantle’s flagship game, Catizen, officially launched its token, $CATI, on multiple exchanges today, including Binance, OKX, Bybit, Gate.io, and Bitget.
-
- Jim Wyckoff
- Sep 20, 2024 at 10:20 pm
- Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
-
- Aptos (APT), Sui (SUI), and Bittensorn (TAO) Emerge as the Top Crypto Gainers of the Week
- Sep 20, 2024 at 10:20 pm
- Bitcoin (BTC), the leading cryptocurrency, has surged over 10% in the past 72 hours, positively impacting the broader crypto market.
-
- Catizen ($CATI) Token Listing Countdown Begins on Binance, OKX, and Bitget By Aayush Jindal Published on September 22, 2022
- Sep 20, 2024 at 10:20 pm
- The native crypto asset of the trending Web 3 game project Catizen is set to be listed for trading on major exchanges today.