Top 7 Token Unlocks of the Week – Over $91 Million in Crypto
1. Space ID (ID)
Today, December 23, virtually 78.5 million ID tokens might be unlocked, representing over 3.9% of the full token quantity. The unlock quantity might be $35.32 million or over 18% of the totally diluted market cap of $887 million.
Crypto Rank notes that up to now, over 43% of the full token provide has been unlocked.
ID recorded intense volatility at present and now, the coin is up by virtually 2% within the final 24 hours, having a market cap of over $386 million.
Space ID is a platform that builds a common identify service community.
2. Immutable (IMX)
On December 28, over 24.5 million IMX tokens might be unlocked, representing 1.23% of the full token quantity. The unlock quantity is over $32.4 million or 1.45% of the totally diluted market cap of the token which is $2.62 billion.
So far, over 85% of the full token provide has been unlocked.
IMX is up by over 2.5% at present and now, the coin is buying and selling at $1.36, having a market cap of $2.3 billion.
Immutable claims to be the primary L2 scaling answer for NFTs on Ethereum.
3. Grass (GRASS)
On December 29, 3.71 million GRASS tokens might be unlocked, representing 0.37% of the full token quantity. The unlock quantity is nearly $9.5 million, or 1.51% of the totally diluted market cap of the token of $2.51 billion. Almost 25% of the full token provide has been unlocked.
GRASS value is down by over 3% at present and the token is buying and selling at $2.51, having a market cap of over $611 million, after an earlier drop to $602 million.
Grass goals to create a large net crawler that may entry and index your entire Internet.
4. Yield Guild Games (YGG)
On December 28, virtually 11.5 million YGG tokens might be unlocked, representing over 1% of the full token provide. The token unlock quantity is over $5.5 million, or 2.8% of the totally diluted market cap of the token at $477 million.
So far, over 50% of the full token provide has been unlocked.
Today, the value of YGG is up by over 2% and the coin is buying and selling near $0.5, having a market cap of over $205 million.
Yield Guild Games is a Web3 gaming guild the place gamers can discover their group, uncover video games, and stage up collectively.
5. NFPrompt (NFP)
On December 28, over 14.5 million NFP tokens might be unlocked, representing over 1.4% of the full token provide. The unlock quantity is $3.85 million or virtually 5% of the totally diluted market cap of the token at $263 million.
So far, over 37% of the full token provide has been unlocked.
Today, NFP is up by over 3% and the coin has a market cap of over $80 million.
NFPromtp is an AI-driven UGC platform for the brand new technology of Web3 creators.
6. GT Protocol (GTAI)
On December 26, 3.35 million GTAI tokens might be unlocked representing over 4.4% of the full token provide. The unlock quantity might be $2.52 million or over 8% of the totally diluted market cap of the token at over $56 million.
So far, virtually 49% of the full token provide has been unlocked, in accordance with knowledge from Crypto Rank.
GTAI is up by over 1% at present and the coin has a market cap of over $34 million.
The GT Protocol ecosystem merges an funding protocol for decentralized Web3 funds administration with Blockchain AI Execution Technology.
7. Moonwell (WELL)
Tomorrow, on December 24, 37 million WELL tokens might be unlocked, representing 0.74% of the full token provide. The unlock quantity is over $2.3 million or over 1% of the totally diluted market cap of the token at $310 million.
So far, 46% of the full token provide has been unlocked.
WELL is down by over 1% at present, and it has a market cap of over $197 million. Earlier the coin’s market cap dropped to decrease ranges earlier than rebounding to present ranges.
Moonwell is an open lending and borrowing protocol on Base, Moonbeam, and Moonriver.
All these token unlocks are necessary occasions as they will affect the shopping for or promoting stress of the tokens, creating volatility out there.
