Altcoins

Celestia (TIA) leads $1.543 billion token unlock this week

A considerable amount of token unlocks is scheduled between October 28 and November 4, with Celestia (TIA) leading the pack.

According to data from Tokenomist, the combined value of scheduled unlocks exceeds $1.543 billion. This included both cliff and linear vesting releases.

Celestia (TIA) leads the cliff unlocks

Celestia (TIA) dominates the cliff unlocks with 180 million tokens valued at $923.41 million. This includes 81.68% of its circulating supply.

The second-largest cliff unlock comes from SUI, releasing 64.19 million tokens worth $111.06 million, affecting 2.32% of its supply.

MEME follows with a substantial unlock of 3.80 billion tokens valued at $50.91 million. This accounts for 13.14% of its circulating supply.

Source: Wu Blockchain

The cliff unlocks continue with Optimism (OP) releasing 31.34 million tokens worth $49.83 million, representing 2.50% of supply. Following suit, IMX will unlock 32.47 million tokens valued at $43.19 million.

ZETA’s unlock amounts to 54.89 million tokens worth $36.35 million, followed by TRIBL’s 22.07 million tokens valued at $13.72 million.

DYDX, GAL, ADA, and AGI round out the cliff unlocks with releases valued at $9.03 million, $7.51 million, $6.29 million, and $5.58 million, respectively.

Solana leads linear unlocks

The linear unlock schedule features several major projects. It is led by Solana (SOL) with 524.03K tokens worth $92.19 million. This accounts for 0.11% of its circulating supply.

Worldcoin (WLD) follows with a major unlock of 37.23 million tokens valued at $75.20 million, impacting 6.45% of its supply.

TAO will release 50.40K tokens worth $25.73 million, while Avalanche (AVAX) plans to unlock 700.00K tokens valued at $18.04 million.

The schedule continues with Dogecoin‘s release of 94.47 million tokens worth $13.40 million and SEI’s unlock of 35.20 million tokens valued at $13.05 million.

NEAR, DOT, BEAM, FIL, and an additional SUI unlock complete the linear releases with values ranging from $12.72 million to $7.15 million.

This comprehensive token unlock event represents one of the largest coordinated releases in recent months.

The varying impact on circulating supply ranges dramatically, from TIA’s substantial 81.68% to DOGE’s minimal 0.06%, highlighting the diverse _ strategies across different projects.

The respective token holders should note that these unlocks could impact the token prices of these tokens, particularly for projects releasing larger portions of their supply.

This week’s $1.543 billion is considerably higher in comparison to last week’s $407 million token unlock. Metars Genesis (MRS) was leading the token unlock last week.

Source

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