Over 0M AVAX, APT, & OP Unlocks in February – Dump ExpectedTLDR
- Aptos (APT) and Avalance (AVAX) will unlock tokens worth over $500 million in February as the market braces for a supply influx.
- Other coins, including Optimism (OP) and Apecoin (APE), will also unlock significant percentages of their supply into the market.
- Investors are looking towards projects like Algotech (ALGT), which have massive growth potential and stable tokenomics.
In February, investors are bracing themselves for a series of token unlocks that are expected to impact market dynamics. Some significant names set to unlock are AVAX, APT, SAND, and OP. Aptos (APT) will unlock nearly 25 million tokens on February 11.
The tokens are worth $222 million and represent over 7% of the project’s circulating supply. The Layer-1 project is expected to be severely impacted by this major influx. Another project with considerable supply entering the market is Sandbox.
The metaverse token will unlock 205 million tokens on February 14. Representing 9% of the circulating supply, the $88 million worth of tokens are expected to impact the altcoin landscape significantly.
Avalanche (AVAX) is scheduled to unlock 9.5 million AVAX tokens on February 21. Based on current prices, these tokens are valued at $344 million and represent 2.6% of the circulating supply, bringing the total unlocked portion of AVAX tokens to 60%.
Optimism is recognized for its low transaction fees and rapid processing times. It is also set to release 24 million OP tokens, worth $72 million at current prices, on February 28. This represents 2.5% of the Ethereum Layer-2 network’s token’s circulating supply.
Other Unlocks and Airdrops
Additionally, some other unlocks and airdrops are set to happen from significant projects like:
- Cyberconnect
- ApeCoin
- Manta Network
- Oasis Network
- Space
Are scheduled throughout February. The value of these unlocks and airdrops ranges from $5 million to $21 million.
Despite the excitement, these unlocks are causing major investor concerns because of the influx of liquidity into the market. Experienced traders are looking towards stable avenues with solid tokenomics. Algotech (ALGT) has come under the spotlight because of its exceptional value proposition.
Algotech (ALGT) Impresses Market Experts With Community-Centered Tokenomics
This cutting-edge algorithmic trading platform took center stage after news emerged of a successful $1.1 Million private seed round within just two days. Algotech (ALGT) is expected to revamp the TradFi sphere with advanced trading tools for traders.
Standout project features include hedging, mean reversion, and algorithmic consolidation backed by machine learning and advanced algorithms. The project roadmap offers governance rights, ownership stakes, and additional benefits to community holders, which makes it highly viable at its current price of $0.04.
Insiders have speculated that the project could go as high as $1 by the end of the year. A key reason behind the excitement is because of the project’s reinvestment structure that rewards holders with dividends and long-term benefits.
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