Major Crypto Projects to Unlock $453M in Tokens This Week
A fresh wave of token releases is set to hit the crypto market this week, with more than $453 million worth of major assets scheduled to enter circulation.
Data from the Tokenomist website shows significant cliff unlocks for Ethereum Name Service (ENS), Immutable X (IMX), and Elixir (ELX), alongside daily linear distributions impacting heavyweights like Solana (SOL), Dogecoin (DOGE), and Avalanche (AVAX).
Unlocks Add Supply Pressure Across Key Projects
ENS leads this week’s unlocks, with about $213 million worth of tokens scheduled to hit the market, an amount that makes up just over 3% of its circulating supply. It is followed by IMX with an upcoming release valued at about $55 million, accounting for slightly more…
