Polyhedra Network (ZKJ), Manta Network (MANTA), and Bubblemaps (BMT) Tokens Unlock This Week

Token unlocks are crucial events in the crypto market, influencing liquidity, price volatility, and overall investor sentiment.

This week is set to witness the unlocking of billions of tokens across major crypto projects, a crucial event that will influence liquidity, price volatility, and overall investor sentiment in the market. Among the projects releasing previously restricted tokens are Polyhedra Network (ZKJ), Manta Network (MANTA), and Bubblemaps (BMT).

1. Polyhedra Network (ZKJ): 15.50 Million ZKJ Tokens to Be Unlocked

Polyhedra Network, a blockchain platform renowned for its Web3 interoperability and scalability solutions, is set to unlock 15.50 million ZKJ tokens on March 19. The unlocked tokens will be distributed among various entities, including network incentives, community initiatives, and airdrops.

The allocation includes 8.47 million tokens for network incentives, 2.61 million tokens for community, airdrop, and marketing efforts, and 3.61 million tokens for the foundation reserves. Token purchasers from the pre-TGE round will receive 800,000 tokens, and strategic investors will be allocated 1.35 million tokens.

This unlock will factor in 25.7% of ZKJ's market cap, potentially increasing liquidity and trading activity in the coming weeks.

2. Manta Network (MANTA): 13.63 Million MANTA Tokens to Be Released

Manta Network, a modular blockchain focused on enhancing privacy and scalability with cutting-edge zero-knowledge (ZK) technology, will unlock 13.63 million MANTA tokens on March 18. The unlocked tokens will support transactions, governance, and the development of a vibrant ecosystem.

The distribution includes 3.37 million tokens for ecosystem and community initiatives, 1.88 million tokens for the foundation, and 3.50 million tokens for private round investors. Advisors will receive 1.87 million tokens, strategic allocations will get 1.67 million tokens, and institutional investors will be allocated 1.35 million tokens.

This unlock is significant as it will bring the total unlocked MANTA tokens to 38.46 million, while 42.5% of the supply will remain locked.

3. Bubblemaps (BMT): TGE Completed on Binance Wallet

Finally, Bubblemaps, a blockchain analytics platform, has completed its TGE on Binance Wallet. The initial sale aimed to sell 40 million BMT tokens at $0.02 each, with a minimum goal of 10,000 BNB and a maximum of 80,000 BNB.

The sale attracted an astounding 202,990 BNB, showcasing overwhelming interest in the project. At the TGE price, this contribution equals approximately $34 million. The project is unlocking 884,160 BMT tokens daily.

BMT allocation includes 184.10K tokens for ecosystem and community, airdrops receive 408.48K tokens, and liquidity provisions get 291.58K tokens. The staggered unlock schedule is designed to reduce the risk of sudden and destabilizing shifts in supply.

As these major crypto projects unlock billions of tokens this week, investors and traders can expect to see significant shifts in liquidity and trading volumes across the respective ecosystems. Keep an eye on distribution patterns, as they can signal short-term price trends and long-term market stability.

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