Crypto projects to release $2.68 billion worth of tokens in November

In November, $2.68 billion worth of crypto assets will be unlocked, with over $900 million unlocked on a cliff basis and $1.7 billion unlocked linearly, according to Tokenomist data. These are notable projects: Memecoin, Aptos, Arbitrum, Avalanche, and Optimism.

Memecoin will unlock 3.45 billion coins ($37.8 million) through an airdrop and a linear token unlock for contributors, while Aptos will release 11.31 million tokens ($93 million) to core contributors, the community, the foundation, and investors.

Avalanche will unlock $39 million worth of AVAX tokens for its foundation, Optimism will release $44 million worth of tokens for investors and core contributors, and Arbitrum will distribute $45 million worth of tokens to investors, the team, and advisors. Show Less

https://cointelegraph.com/news/november-2024-crypto-token-unlocks
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