April heralds a significant unlocking of tokens, with 14 separate tokens unleashing a total of $1.15 billion into the market. Token unlocking events, often called “unlocks,” signify the release of tokens for trading after a specified period.

Understanding Token Unlocking

Token unlocking events, governed by pre-determined schedules, are closely monitored due to their potential to influence token prices. These events, occurring until the entire supply is released, are crucial moments in the lifecycle of a token. However, they can also trigger fluctuations, sometimes even driving prices upward post-unlock due to pre-existing sell-offs.

Major Unlocking Events in April

April will witness significant unlocking events across various tokens. Notably, the largest unlocking in terms of value will occur in Aptos (APT), while Starknet (STRK) will see the highest percentage of circulating supply released.

Aptos (APT): Unlocking on April 12

On April 12, Aptos will unlock $424 million worth of tokens, accounting for 24.84 million APT tokens or 6.25% of the circulating supply.

Starknet (STRK): Unlocking on April 15

Starknet, on April 15, will release 64 million STRK tokens worth $130 million, constituting 8.79% of the circulating supply.

Unlocking Schedule According to TokenUnlocks Data

Here’s a breakdown of all unlocking events in April, listed by date and token, along with the percentage of circulating supply being unlocked:

  1. SUI (April 3): Unlocking $68.2 million worth of tokens, representing 2.67% of the circulating supply.
  2. GAL (April 5): Unlocking $14 million worth of tokens, accounting for 3.34% of the circulating supply.
  3. HFT (April 7): Unlocking $6 million worth of tokens, constituting 3.56% of the circulating supply.
  4. APT (April 12): Detailed above.
  5. CYBER (April 14): Unlocking $12 million worth of tokens, representing 6% of the circulating supply.
  6. STRK (April 15): Detailed above.
  7. ARB (April 16): Unlocking $145 million worth of tokens, accounting for 3.49% of the circulating supply.
  8. AXS (April 17): Unlocking $110 million worth of tokens, constituting 7.61% of the circulating supply.
  9. MANTA (April 18): Unlocking $42.60 million worth of tokens, representing 6% of the circulating supply.
  10. PIXEL (April 19): Unlocking $37.15 million worth of tokens, accounting for 7% of the circulating supply.
  11. ID (April 22): Unlocking $17.57 million worth of tokens, constituting 4.29% of the circulating supply.
  12. YGG (April 27): Unlocking $24.87 million worth of tokens, representing 5.33% of the circulating supply.
  13. OP (April 29): Unlocking $83.6 million worth of tokens, accounting for 2.40% of the circulating supply.
  14. PRIME (April 30): Unlocking $35.75 million worth of tokens, constituting 4.44% of the circulating supply.

Wrapping Up

April promises a flurry of unlocking events, with billions of dollars worth of tokens poised to enter the market. These events not only mark significant milestones for respective tokens but also serve as critical junctures for traders and investors to recalibrate their strategies.

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