The month of December is set to see a significant influx of tokens into the crypto market, with $5.08 billion worth of assets scheduled for release. This major event will impact market dynamics, as previously locked tokens are introduced into circulation. Investors and traders closely monitor these token unlocks, as they can both create growth opportunities and pose the risk of increased selling pressure.
One of the most notable cliff unlocks in December is Sui (SUI), which is set to release 64.19 million tokens valued at $221.47 million. This event will see the distribution of tokens across various categories, including Series A, Series B, Community Reserve, Early Contributors, and Mysten Labs Treasury. Similarly, Jito (JTO) plans to release 135.71 million tokens on December 7, exceeding the existing circulating supply. The token allocation for JTO includes Core Contributors and Investors.
Aptos (APT) is another project with a cliff unlock scheduled for December 11, where 11.31 million APT tokens will be released, representing 2.12% of its total supply. The distribution of these tokens will be among Foundation, Community, Core Contributors, and Investors. Arbitrum (ARB) will unlock 92.65 million ARB tokens on December 16, worth $88.80 million. The distribution will be among Team, future team, and advisors, as well as Investors.
Optimism (OP) is set to release 31.34 million tokens on December 31, worth approximately $75.85 million. The distribution of freshly released OP will be among Investors and Core contributors. In addition to these major cliff unlocks, December will also see token unlocks from other notable projects, including Cardano (ADA), ZetaChain (ZETA), Immutable (IMX), ApeCoin (APE), Starknet (STRK), and Sei (SEI).
Overall, the month of December is expected to be a significant one for the crypto market, with major token unlocks scheduled to bring a substantial amount of assets into circulation. Investors and traders will be closely watching these events to assess the impact on market dynamics and to identify potential growth opportunities. It is essential for readers to verify facts independently and consult with a professional before making any decisions based on this content. BeInCrypto remains committed to unbiased and transparent reporting in accordance with the Trust Project guidelines.
