October Token Unlock List: Sui, ZetaChain, ImmutableX, Aptos, Taiko, Axie Infinity, StarkNet, Arbitrum, ApeCoin, Celestia

The first week of October is coming, let's take a look at the upcoming notable October token unlocks.

October is set to be a crucial month for token unlocks, with several notable projects preparing to release large amounts of tokens. These unlocks could have a significant impact on the circulating supplies and market dynamics of the respective tokens.

Here's a closer look at the upcoming October token unlocks:

Sui (October 1):

Sui will be unlocking tokens valued at approximately $115.55 million, which represents 2.40% of its circulating supply.

ZetaChain (October 1):

ZetaChain is also scheduled to unlock tokens on October 1, with an estimated value of $38.59 million, which is a significant 13.43% of its circulating supply.

ImmutableX (October 4):

The next one up is ImmutableX, with an estimated token unlock worth about $58.78 million on October 4th, representing 2.02% of its total supply.

Aptos (October 11):

Aptos, a Layer 1 blockchain project, is scheduled to unveil $92.17 mln worth of tokens on October 11th, which is 2.25% of its circulating supply.

Taiko (October 14):

Taiko will be unlocking 12 million tokens worth $23.40 million on October 14, which is a significant 15.70% of its supply. The token unlock is the second most valuable this month.

Axie Infinity (October 14):

Axie Infinity is set to unlock tokens worth $50.43 million on the same day, accounting for 6.14% of its circulating supply.

StarkNet (October 15):

StarkNet intends to unlock tokens valued at $30.60 million on October 15, representing 3.60% of its supply.

Arbitrum (October 16):

On October 16, Arbitrum is going to unlock a value of $60.14 million worth of tokens, translating to 2.56% of the circulating supply.

ApeCoin (October 17):

ApeCoin will be unlocking $13.04 m in tokens equivalent to 2.31% on October 17.

Celestia (October 30):

The largest token unlock will occur on October 30, when Celestia is scheduled to unlock 175.56 million TIA tokens valued at approximately $1.05 billion. That will represent 81.94% of the token’s circulating supply.

The unlock will also lead to a daily emission of almost one million tokens for the next year. Recently, Celestia raised $100 million in funding spearheaded by Bain Capital Crypto.

What Next After October Token Unlock Events?

With so many blockchain projects about to change significant amounts of tokens, the October token unlock events could affect their circulating supplies and market dynamics. At the same time, investors would look to trade at lower prices, considering a belief that “Uptober” was always a boom period.

The above is the detailed content of October Token Unlock List: Sui, ZetaChain, ImmutableX, Aptos, Taiko, Axie Infinity, StarkNet, Arbitrum, ApeCoin, Celestia. For more information, please follow other related articles on the PHP Chinese website!