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Token issuance data suggests that Aptos, ApeCoin, and Optimism tokens will be unlocked in July, which could potentially impact their valuations and lead to price drops due to dilution. The increase in token supply can create an imbalance between supply and demand, negatively affecting prices. However, the recovery of prices will depend on the overall performance of the cryptocurrency market and market sentiment. Monitoring market conditions and factors influencing token valuation is crucial for making informed investment decisions.
Starting with Aptos, 4.54 million APT tokens will be released on July 12, accounting for 2.17% of the circulating supply. Only 17% of the total APT supply is currently unlocked. ApeCoin will unlock 15.6 million APE tokens on July 17, representing 4.23% of the circulating supply. Optimism will unlock 24.16 million OP tokens on July 30, following their monthly release schedule.
It's important to note that the unlocking of tokens is a common practice in crypto projects to manage token distribution and prevent sudden market influx. The reaction of APT, APE, and OP token prices is uncertain and depends on various factors such as liquidity and market demand.
Overall, the unlocking of tokens in July may lead to price fluctuations, but the recovery of prices will depend on market conditions and investor sentiment.
Starting with Aptos, 4.54 million APT tokens will be released on July 12, accounting for 2.17% of the circulating supply. Only 17% of the total APT supply is currently unlocked. ApeCoin will unlock 15.6 million APE tokens on July 17, representing 4.23% of the circulating supply. Optimism will unlock 24.16 million OP tokens on July 30, following their monthly release schedule.
It's important to note that the unlocking of tokens is a common practice in crypto projects to manage token distribution and prevent sudden market influx. The reaction of APT, APE, and OP token prices is uncertain and depends on various factors such as liquidity and market demand.
Overall, the unlocking of tokens in July may lead to price fluctuations, but the recovery of prices will depend on market conditions and investor sentiment.