According to the data from Token Unlocks, a total of 25 cryptocurrency projects will unlock a significant amount of tokens in August, with a total value of 403 million USD. Therefore, it is important for traders to pay attention to the tokens that will be released this month and exercise caution when placing orders.
In August, there are several significant token unlocks scheduled:
1. On August 12th, Aptos will unlock 4.54 million APT tokens, accounting for 2.09% of the total supply, with a value of 34 million USD.
2. On August 14th, The Sandbox will unlock 332.55 million SAND tokens, representing 17.19% of the total supply, with a value of 143.32 million USD.
3. On August 26th, Avalanche will unlock 9.54 million AVAX tokens, making up 2.76% of the total supply, with a value of 125.47 million USD.
In August, there are several token unlock events scheduled:
August 1st:
– Hooked Protocol, dYdX, and Acala will unlock their tokens, releasing approximately 4.17 million HOOK tokens (around 4.02 million USD), 6.52 million DYDX tokens (approximately 13.37 million USD), and 27.43 million ACA tokens (about 1.8 million USD) respectively.
– STEPN, SWEAT, and 1INCH will also have token unlocks, but with smaller amounts (a few thousand USD).
August 2nd:
– Pendle will unlock approximately 44,330 USD worth of PENDLE tokens daily until it reaches a total of 266,500 USD, and Euler will unlock 510,620 USD worth of EUL tokens.
August 4th:
– Sui Network will unlock 25.7 million USD worth of SUI tokens, and NYM will unlock 10.7 million USD.
August 5th:
– Near Protocol and Galxe will simultaneously unlock 10.86 million USD worth of NEAR tokens and 9.9 million USD worth of GAL tokens respectively.
August 7th:
– Haskflow will unlock 1.13 million USD worth of HFT tokens.
August 12th:
– Immutable X will unlock 13.76 million USD worth of IMX tokens.
August 14th:
– Curve DAO will unlock 4.72 million USD worth of CRV tokens.
August 16th:
– Flow will unlock 7.29 million FLOW tokens, valued at 4.25 million USD.
August 17th:
– ApeCoin will unlock 15.6 million APE tokens, worth 29.95 million USD.
August 18th:
– Oasis Network will unlock 171 million ROSE tokens, valued at 8.41 million USD.
August 22nd:
– SpaceID will unlock 15.15 million ID tokens, worth 3.78 million USD.
August 26th:
– Lido DAO will unlock 8.5 million LDO tokens, valued at 16.15 million USD.
August 27th:
– Yield Guild Games will unlock 2.14 million USD worth of YGG tokens.
August 28th:
– SingularityNET and Open Campus will unlock 2.17 million USD worth of tokens and 12.71 million USD worth of tokens respectively.
August 30th:
– Optimism will unlock 40.59 million USD worth of tokens.