As we enter the second week of July, the cryptography market approaches a wave of token unlocking. This week, three major ecosystems, Cheelee (Cheel), ImuTable X (IMX) and Aptos (APT), should trigger a new large offer of tokens.
Here is a ventilation of what to monitor for each project.
1. Aptos (Apt)
- Unlock the date: July 12
- Number of tokens to unlock: 11.31 million Apt (0.98% of the total offer)
- Power supply of current: 644.5 million
- Total supply: 1.15 billion
Aptos is a layer 1 blockchain that uses the Move programming language by Facebook (META). The main objective of Aptos is to provide users with scalability, security, conviviality and higher reliability.
On July 12, the network will publish 11.31 million people on the cryptography market. The tokens are worth $ 50 million and represent 1.75% of the current traffic supply. Aptos will grant the majority of these tokens to the community and will distribute around 10% of tokens unlocked to awards of stake.
2. Immutable (IMX)
- Unlock the date: July 11
- Number of tokens to unlock: 124.52 million IMX (1.23% of the total offer)
- Power supply of current: 1.8 billion IMX
- Total supply: 2 billion imx
ImmuTable X is the layer 2 Ethereum layout solution designed specifically for NFT, taking advantage of zero knowledge rolls.
It allows the laying and trading of NFT without gas, offering an instant commercial purpose and a high speed of more than 9,000 transactions per second.
ImmuTable will unlock 124 million IMX tokens on July 11, worth more than $ 10 million. This represents 1.31% of the total market capitalization of the immutable. The project will allocate the majority of tokens unlocked for the development of ecosystems. About 5% of the unlocked tokens were also allocated to the public sale.
3. Cheelee (Cheel)
- Unlock the date: July 10
- Number of tokens to unlock: 2.67 million from (0.27% of the total offer)
- Total supply: 1 billion from
Cheelee is a social media platform that rewards users and creators to watch and produce content. It also has an NFT ecosystem, allowing users to buy, sell, upgrade, mention, put into play and collect NFT glasses. The platform uses its native token, its cheel, for governance, NFT upgrades and its integrated transactions.
Cheelee will unlock 2.67 million cheese tokens on July 10, with a total value of around $ 13.4 million.
The platform will affect most tokens unlocked in the form of cheelee rewards.
The other unlocking of prominent tokens that investors can search for this week include Delysium (AG), Moca (Moca) and Xave (XAV).
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