The post Find Out Top 5 Token Unlocks of December 2024 appeared on BitcoinEthereumNews.com.

The crypto market is set for several major token unlocks this month, with $5.08 billion worth of assets scheduled for release in December. BeInCrypto highlights the top five cliff unlocks that will bring a significant influx of tokens into the market. November Token Unlocks: What to Expect Tokenomist (formerly Token Unlocks) reports that $1.99 billion of December’s token unlocks are classified as cliff unlocks. In these events, tokens are released on a periodic schedule — such as weekly, monthly, or yearly — rather than daily. Investors and traders closely watch token unlocks because they introduce previously locked tokens into circulation, impacting market dynamics. While these events can create growth opportunities, they also pose the risk of increased selling pressure. Cliff Unlocks in December 2024. Source: Tokenomist This month’s most notable cliff unlocks include Sui (SUI), Jito (JTO), Aptos (APT), Arbitrum (ARB), and Optimism (OP). Sui (SUI) On December 1, Sui will unlock 64.19 million tokens, valued at $221.47 million at current prices. The distribution of these tokens is as follows: Series A: 19.84 million SUI ($68.44 million) Series B: 19.32 million SUI ($66.66 million) Community Reserve: 12.63 million SUI ($43.57 million) Early Contributors: 10.34 million SUI ($35.67 million) Mysten Labs Treasury: 2.07 million SUI ($7.14 million) SUI Unlock. Source: Tokenomist Jito (JTO) On December 7, Jito plans to release 135.71 million tokens, worth roughly $498 million. This unlock will exceed JTO’s existing circulating supply. The token allocation is as follows: Core Contributors: 81.67 million JTO ($299.72 million) Investors: 54.05 million JTO ($198.35 million) JTO Unlock. Source: Tokenomist Aptos (APT) Aptos is set to unlock 11.31 million APT tokens on December 11, representing 2.12% of its total supply. These tokens have a total value of $149.85 million. The distribution will be as follows: Foundation: 1.33 million APT ($17.56 million) Community: 3.21…

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Filed under: News - @ November 30, 2024 7:17 pm