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Token Unlocks Data Shows 17 Tokens to Be Unlocked in April Worth Over $330 Million

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According to reports, Token Unlocks data shows that the number of tokens planned to be unlocked in April reached 17, which will release a value of over $330 million into the circul

Token Unlocks Data Shows 17 Tokens to Be Unlocked in April Worth Over $330 Million

According to reports, Token Unlocks data shows that the number of tokens planned to be unlocked in April reached 17, which will release a value of over $330 million into the circulation market. Among them, BIT, APECoin (APE), and Aptos (APT) are expected to be the three largest unlocking projects this month. BIT will unlock 187500000.32 tokens on April 15, which is approximately $96 million at current prices. APE is closely following, and 15 million tokens will be unlocked on April 17, Accounting for 1.56% of the total project supply, with a value exceeding 66 million US dollars. APT plans to unlock 4.5 million tokens, approximately $52 million, on April 12th.

17 token plans unlocked in April, totaling $330 million

Token Unlocks data reveals that the number of tokens planned to be unlocked in April is significant, with a total worth of over $330 million expected to be released into the circulation market. The upcoming month will see 17 cryptocurrencies being unlocked, with BIT, APECoin (APE), and Aptos (APT) being the three largest unlocking projects. BIT is expected to unlock the most tokens, followed by APE and APT.

Outlining the Unlocked Tokens for April 2021

The following table outlines the tokens to be unlocked in April, along with the date of unlocking, the amount, and the current value:
| Token Name | Unlocking Date | Amount | Current Value |
|—|—|—|—|
| BIT | 15th April 2021 | 187,500,000.32 | $96 million |
| APECoin (APE) | 17th April 2021 | 15 million | $66 million |
| Aptos (APT) | 12th April 2021 | 4.5 million | $52 million |
| Fantom (FTM) | 7th April 2021 | 933,333 | $2.8 million |
| Qtum (QTUM) | 1st April 2021 | 3,333,333.33 | $16 million |
| Telos (TLOS) | 15th April 2021 | 874,206.84 | $1.3 million |
| Aave (AAVE) | 7th April 2021 | 1,244.03 | $296,080 |
| Binance Coin (BNB) | 15th April 2021 | 3,123 | $1.6 million |
| Chiliz (CHZ) | 30th April 2021 | 827,399.33 | $917,170 |
| Kava (KAVA) | 15th April 2021 | 1,458,00 | $20.7 million |
| Kin (KIN) | 13th April 2021 | 4,196,152.39 | $87,922 |
| Lisk (LSK) | 1st April 2021 | 440,976.14 | $537,274 |
| Nash Exchange (NEX) | 1st April 2021 | 1,508,332.23 | $103,248 |
| Nexus (NXS) | 4th April 2021 | 551,532.14 | $200,875 |
| Swipe (SXP) | 6th April 2021 | 1,768,612.19 | $27.9 million |
| Tezos (XTZ) | 3rd April 2021 | 2,778,575 | $8.7 million |
| Utrust (UTK) | 6th April 2021 | 1,175,824.2 | $3.8 million |

BIT, APE, and APT: The Three Largest Unlocking Projects

As previously mentioned, BIT, APE, and APT are expected to be the three largest unlocking projects this month. BIT is set to unlock 187,500,000.32 tokens on April 15, which at current prices is worth approximately $96 million. APE is closely following BIT, planning to unlock 15 million tokens on April 17. This accounts for 1.56% of the total project supply, with a value exceeding $66 million.
APT, on the other hand, plans to unlock 4.5 million tokens, with a value equating to approximately $52 million, on April 12. The Aptos project is an innovative and decentralized cryptocurrency that aims to make digital currency easily accessible for all. The unlocking of tokens will provide more liquidity in the market and improve the Aptos ecosystem’s growth.

Other Prominent Projects

Apart from the three largest unlocking projects, there are several other notable projects that will unlock tokens in April. These include Qtum (QTUM), which will unlock 3,333,333.33 tokens on April 1, worth approximately $16 million at current values. Additionally, Swipe (SXP) will unlock 1,768,612.19 tokens on April 6, which have a value of around $27.9 million.

Conclusion

The unlocking of tokens is a significant event in the cryptocurrency world, as it impacts the market’s liquidity and the value of the currency. In April, 17 tokens, worth over $330 million, are expected to be unlocked, with BIT, APE, and APT being the three largest projects. These unlocking projects will provide more liquidity in the market and contribute to the growth of their ecosystems.

FAQs

1. What is Token Unlocks data?
– Token Unlocks is a data provider that tracks the release of tokens and their impact on the market.
2. What is the significance of token unlocking?
– Token unlocking increases liquidity in the market and can affect the value of the currency.
3. How will the token unlocking impact the cryptocurrency market?
– The token unlocking will provide more liquidity in the market and contribute to the growth of the cryptocurrency ecosystem.

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