Aptos, Avalanche, and Hashflow will unlock over $320 million in tokens this month

2023-11-01 20:55:09
Collection

According to Foresight News, as reported by The Block, the total amount of token unlocks in November is $450 million, with Aptos, Avalanche, and Hashflow set to see significant unlocks, totaling over $320 million in tokens. Among them, Aptos will unlock 24.8 million APT tokens on November 12, accounting for 10% of its circulating supply, valued at approximately $172.9 million. The majority of the unlocked funds (about $82.7 million) will go to core contributors, with $58.6 million going to investors, $22.3 million to the community, and $9.3 million to the Aptos Foundation.

Avalanche will unlock 9.5 million AVAX tokens on November 24, valued at $106.9 million, accounting for 2.7% of its circulating supply. About $50.4 million will be allocated to the project team, $25.2 million to strategic partners, $18.7 million to the Avalanche Foundation, and $12.6 million for potential airdrops.

Hashflow will unlock 160.4 million HFT tokens on November 7, valued at approximately $41.3 million, accounting for 73.9% of its circulating supply. Of this, about $16.1 million will be allocated to early investors, $12.7 million for ecosystem development, $12.4 million to the core team, and $107,000 for community rewards. Additionally, tokens worth approximately $44,000 are released daily for ecosystem development and community rewards.

Furthermore, other notable token unlocks in November include Optimism ($33.3 million), ApeCoin ($20.8 million), and Sui ($15.5 million).

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators