Breaking
December 16, 2024

Arbitrum (ARB) leads $843 million token unlocks this week Vignesh Karunanidhi | usagoldmines.com

The token unlocks set to hit the cryptocurrency market between December 16 and December 23 are valued at approximately $843 million.

The releases are divided into two different categories: cliff unlocks, led by Arbitrum’s ARB token release, and linear unlocks, headlined by Worldcoin’s WLD token.

The unlock schedule involves both major layer-1 blockchain tokens and new protocol tokens, with varying impacts on their respective circulating supplies.

Arbitrum leads large cliff token unlocks 

ARB leads the upcoming cliff token unlocks, with 92.65 million tokens valued at approximately $96.81 million set for release. According to Tokenomist, this unlock represents 2.26% of ARB’s circulating supply. It is the largest single-unlock event by value in the upcoming week.

Mars Protocol (MRS) and Space ID (ID) also present notable unlock events. MRS is releasing 10 million tokens valued at $66.60 million (11.87% of its circulating supply), and ID is unlocking 78.49 million tokens worth $42.55 million (18.23% of its circulating supply). These percentages are within the range where they could have major impacts on markets, particularly for Space ID, where the unlock represents a substantial portion of available tokens.

The next tier of large cliff unlocks includes ApeCoin (APE) and QAI Token (QAI). APE is releasing 15.60 million tokens valued at $25.59 million (2.16% of supply), and QAI is unlocking 232,350 tokens worth $22.38 million (5.16% of supply). Cardano (ADA) joins the list with an 18.53 million token unlock, valued at $20.38 million, though its impact on circulating supply is relatively minimal at 0.05%.

Elrond eGold (ENA) is releasing 12.86 million tokens valued at $16.60 million (0.44% of supply). Another potentially significant unlock is the Mura token (MURA), with a 20 million token unlock worth $14.58 million, representing 34.84% of its circulating supply.

Completing the cliff token unlocks schedule are Pixel (PIXEL) with 54.38 million tokens ($12.87 million, 7.05% of supply), Prime (PRIME) unlocking 750,000 tokens ($11.30 million, 1.46% of supply), and Eigen Layer (EIGEN) with 1.29 million tokens ($6.67 million, 0.61% of supply).

In addition, Karrat Protocol (KARRAT) is releasing 11.25 million tokens ($5.88 million, 6.98% of supply), ACE with 1.80 million tokens ($5.18 million, 4.26% of supply), and CATI Protocol (CATI) with 9.90 million tokens ($5.11 million, 4.81% of supply).

Worldcoin leads linear token unlocks 

The linear unlock schedule is headlined by Worldcoin (WLD) and Solana (SOL). WLD is preparing to release 37.23 million tokens valued at $116.15 million (4.80% of circulating supply) and SOL is unlocking 524,030 tokens worth $118.54 million (0.11% of supply). These two projects represent nearly 28% of the total linear unlock value for the week.

A substantial second tier of linear unlocks includes TIA Protocol (TIA), releasing 6.99 million tokens valued at $49.13 million (1.54% of supply), and Dogecoin (DOGE), with 94.47 million tokens worth $38.82 million (0.06% of supply). In addition, Avalanche (AVAX) is unlocking 700,000 tokens valued at $35.99 million (0.17% of supply). TAO Protocol (TAO) follows with 50.40 million tokens at $29.43 million (0.68% of supply).

The mid-range linear token unlocks feature several prominent blockchain platforms. These include Polkadot (DOT), releasing 2.81 million tokens ($25.61 million, 0.18% of supply), NEAR Protocol (NEAR), with 2.97 million tokens ($20.67 million, 0.24% of supply), and SEI Network (SEI), unlocking 26.97 million tokens ($16.33 million, 0.64% of supply). Filecoin (FIL) also joins with 2.24 million tokens worth $15.45 million (0.37% of supply).

Less popular coin unlocks and market impact 

SuperRare (RARE) stands out with the highest unlock progress at 83.72% of its total schedule. The project is set to release 13.34 million RARE tokens, valued at approximately $1.94 million. Currently trading at $0.1458 with a 2.81% price increase in the last 24 hours, RARE maintains a market capitalization of $104.68 million, suggesting relative market stability despite the impending unlock.

Token unlock schedules for RARE, NAI, MSTAR, APE, STG
Info about token unlocks for RARE, NAI, MSTAR, APE, and STG. Source: CoinMarketCap

The upcoming unlocks include several mid-market capitalization projects, with large portions of their supply becoming available. Notably, Nuklai (NAI) will release 371.3 million tokens worth $3.66 million, accounting for 3.89% of locked tokens, while its price has recently declined by 9.71%.

MerlinStarter (MSTAR) follows with a 36.44 million token unlock valued at $556,532, representing 5.64% of locked tokens. Particularly noteworthy is Stargate Finance (STG), which shows the highest unlock progress among the group at 94.43%. The protocol will release 14.72 million STG tokens valued at $5.14 million, representing 1.47% of total locked tokens. This high unlock progress suggests the project is nearing the completion of its vesting schedule, which could have implications for long-term token price stability.

These coordinated token unlocks, occurring within such a short timeframe, may affect the prices of the respective coins.

From Zero to Web3 Pro: Your 90-Day Career Launch Plan

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

Crypto Investment Products Saw Record $44.5 Billion Inflows in 2024 Ruholamin Haqshanas | usagoldmin...
Bitcoin Tops $106K, Outpaces Gold with All-Time High Purchasing Power Ruholamin Haqshanas | usagoldm...
Bitget Secures Bitcoin Service Provider License in El Salvador Tanzeel Akhtar | usagoldmines.com
Bank Indonesia Completes Proof of Concept for Digital Rupiah: What’s Next? Hassan Shittu | usagoldmi...
Trump’s Silicon Valley advisers wage war against AI censorship Collins J. Okoth | usagoldmines.com
The Federal Reserve is at a breaking point – What does the 2025 rate script look like? Florence Much...
Peter Schiff accuses Michael Saylor and MicroStrategy of Bitcoin market manipulation Jai Hamid | usa...
Polygon’s $1B yield plan under fire from former employee Ashish Kumar | usagoldmines.com
Bitget Secures Bitcoin Service Provider License in El Salvador Tanzeel Akhtar | usagoldmines.com
Bitcoin new ATH pushes El Salvador’s unrealized profit over $360 million Ol | usagoldmines.com
Chinese stocks tumble as Bitcoin breaks all-time highs. Coincidence? Jai Hamid | usagoldmines.com
Ethereum’s 400% growth this year is hidden in L2 apps Hristina Vasileva | usagoldmines.com
What will and should crypto regulation look like under Trump? – Stakeholders weigh in Florence Mucha...
New ATH: Bitcoin Tops $106K—Is FOMO And Strategic Reserve The Game-Changer? Christian Encila | usago...
Ethereum Bulls Aim For $4,100 As Key Resistance Comes Into Focus Godspower Owie | usagoldmines.com
XRP Price Targets $3.34 After Corrective Downtrend Within Descending Channel Scott Matherson | usago...
Ripple RLUSD investors warned against FOMO as stablecoin trades well above peg pre-launch Oluwapelum...
Viral ‘Peanut the Squirrel’ owner battles Binance over billion dollar PNUT memecoin Oluwapelumi Adej...
$3.2 billion crypto inflow marks 10-week streak as Trump election victory boosts confidence Oluwapel...
Whales continue to accumulate Ethereum since prices broke $3,330 Collins J. Okoth | usagoldmines.com
Bank of Japan stands to gain the most from the yuan’s slump Jai Hamid | usagoldmines.com
Maye Musk sheds light on her son’s D.O.G.E. goals – Mother’s tale for America Florence Muchai | usag...
ECB announces it will continue cutting rates until further notice Jai Hamid | usagoldmines.com
Donald Trump reportedly plans to leverage $200 billion US Treasury fund for Bitcoin reserves Oluwape...
New Zealand’s FMA Warns of Rising Crypto Scam Targeting Users via YouTube and Messaging Platforms Ru...
More value flows into Bitcoin, Ethereum, Hyperliquid and liquid restaking Hristina Vasileva | usagol...
Ripple CTO drops RLUSD bombshell, “Don’t FOMO into this stablecoin” Ashish Kumar | usagoldmines.com
Crypto Watchlist: Top 5 Coins To Watch This Week Jake Simmons | usagoldmines.com
New fair value Bitcoin accounting rules go live paving way for corporate reserve adoption Oluwapelum...
The US dollar’s biggest threat is actually America itself Jai Hamid | usagoldmines.com
Justin Sun moves to withdraw $209 million in Ethereum from Lido Finance – Will ETH markets tank? Flo...
Extremely Bullish 88-Day Structure Appears On Bitcoin Price Chart After Hitting $105,000 ATH Scott M...
Bitcoin reaches new $106k all-time high causing $313 million in liquidations Oluwapelumi Adejumo | u...
Abkhazia Energy Crisis: Police Hunting Private Crypto Miners, Seize Rigs Tim Alper | usagoldmines.co...
Bitcoin Soars Past $106,000 Amid Hopes of U.S. Strategic Bitcoin Reserve Jai Pratap | usagoldmines.c...
Bitcoin Price Surges Past $106K Amid Strategic Reserve Hopes, $800K Target Looms Arslan Butt | usago...
Trump Family Crypto Project World Liberty Purchased ONDO Using USDC: Arkham Sujha Sundararajan | usa...
Ripple CTO Warns of Potential Supply Shortages in Early Days of Ripple’s Stablecoin Due to Large Ord...
ETH Spot ETFs Hit ATH of $855M, BlackRock ETHA Sees $523M Inflows Tanzeel Akhtar | usagoldmines.com
Fake Uber Driver Busted for Allegedly Stealing $300K in Crypto from Passengers in Scottsdale Ruholam...
Peanut the Squirrel’s Owner Sues Binance Over Alleged IP Infringement Ruholamin Haqshanas | usagoldm...
FASB adopts new standard for the accounting and disclosure of crypto assets Collins J. Okoth | usago...
Trump’s crypto project World Liberty Financial buys ONDO tokens worth $250,000 Collins J. Okoth | us...
Solana (SOL) Faces Headwinds: Can Bulls Revive Momentum? Aayush Jindal | usagoldmines.com
TRON (TRX) Expands Territories, Yet Can It Match Lightchain AI’s Strategic Reach Cryptopolitan Media...
Ethereum Eyes Bitcoin’s Lead: Is a Similar Surge Possible? Aayush Jindal | usagoldmines.com
XRP Price Holds Steady: What’s Next After Consolidation? Aayush Jindal | usagoldmines.com
Bitcoin Price New ATH: Is This Just The Beginning? Aayush Jindal | usagoldmines.com
South Korea Stock Exchange Chief: It’s Time to Institutionalize Crypto Tim Alper | usagoldmines.com
Bitcoin makes new all-time high of $105,000 Jai Hamid | usagoldmines.com
Japan ‘far behind’ US in cyber attack preparedness — But that’s actually a good thing for crypto Gra...
Crypto analyst claims AI-enabled wallets will be the death of ETH alignment Nellius Irene | usagoldm...
Marc Andreessen exposes Biden admin’s plan to control AI Sneha Murali | usagoldmines.com
Bitcoin has a twisted relationship with the most powerful men on Wall Street Jai Hamid | usagoldmine...
South Korea works to steady markets and calm allies post-impeachment Jai Hamid | usagoldmines.com
Can real estate and Bitcoin together bring big returns? Grant Cardone explains Sneha Murali | usagol...
Will Michael Saylor partner with MARA? Sneha Murali | usagoldmines.com
Bitcoin reclaims $103,000 – Is a new all-time high on the horizon? Jai Hamid | usagoldmines.com
Dogecoin Fails To Follow Bitcoin’s Recent Uptick: Is A New ATH Still Feasible This Cycle? Scott Math...
Best Crypto to Buy Now 15 December – Hyperliquid, Ethena, Crypto All-Stars Arslan Butt | usagoldmine...
Key economic events that markets are watching out for this week Jai Hamid | usagoldmines.com
Solana vs Lightchain AI—A Comprehensive Analysis of Speed, Efficiency, and Growth Cryptopolitan Medi...
OpenSea sparks token airdrop rumors after Cayman Islands registration Owotunse Adebayo | usagoldmine...
London Stock Exchange getting dumped at highest rate since the Great Recession Jai Hamid | usagoldmi...
Massive Dogecoin Rally Incoming: Bigger And Better Than 2021 — Analyst Christian Encila | usagoldmin...
Ethereum Forming A Symmetrical Pattern – Key Resistance At $4,100 Sebastian Villafuerte | usagoldmin...
Crypto startups have attracted more than $1 billion in VC funding since Donald Trump’s election Cryp...
China reveals plans to clean up AI content distorting classic literature and ideologies Enacy Mapaka...
Best Ethereum casinos ranked: Top 10 picks for 2025 Brian Koome | usagoldmines.com
Bitcoin adoption unshaken despite Microsoft’s decision Owotunse Adebayo | usagoldmines.com
Solana Confidence Surges Among Long-Term Investors – Is a Price Explosion Coming? Arslan Butt | usag...
Rapper Drake hacked to promote a crypto memecoin Jai Hamid | usagoldmines.com
Beijing’s AI industry will surpass $412B in 2024, whitepaper reveals Owotunse Adebayo | usagoldmines...
Ex-Thai PM Thaksin Shinawatra Urges Government to Embrace Crypto and Sandbox Innovation Ruholamin Ha...
Small Bitcoin Wallets Set to Surge 9% as Investors Keep Stacking Beyond $100K Milestone Ruholamin Ha...
XRP Price Stalls at $2.41 – Could XRP’s Next Move Be a Surge to $3? Arslan Butt | usagoldmines.com
US President Trump confirms Bitcoin reserve plans as Russia hints at crypto cold war Jai Hamid | usa...
Meta asks California’s Attorney General to block OpenAI’s for-profit conversion Owotunse Adebayo | u...
‘I came here for nothing!’ Black Myth: Wukong CEO reflects on Game Awards results Noor Bazmi | usago...
AAVE Dominates DeFi Lending – Metrics Reveal 45% Market Share Sebastian Villafuerte | usagoldmines.c...
Blockchain isn’t ready for logins (yet) John Camardo | usagoldmines.com
Bitcoin Proposal to Eliminate Decimals – Could This Shake Up Prices? Arslan Butt | usagoldmines.com
Michael Saylor Predicts MARA Holdings as the Next Bitcoin Firm to Join Nasdaq 100 Ruholamin Haqshana...
What’s on Asian investors’ minds heading into 2025? – Dollar, crypto, and Donald Trump Jai Hamid | u...
CZ casually brags about helping Elon buy Twitter – “Happy to have contributed to the cause” Jai Hami...
XRP Set For Surge To $2.90, Analyst Explains How Semilore Faleti | usagoldmines.com
Analyst Reveals Key Ethereum Support Zone Amid $4,000 Price Struggle Semilore Faleti | usagoldmines....
Chainlink Price Hits $30 For The First Time Since 2022 — What Next? Opeyemi Sule | usagoldmines.com
Dogwifhat Gains 12,000%—Can Lightchain AI Achieve Similar Success? Cryptopolitan Media | usagoldmine...
National Bitcoin Reserve Initiative: MP Satoshi Hamada Urges Japan To Take Action Ronaldo Marquez | ...
The Bitcoin-Altcoin relationship: A reversion of altcoin dynamics Shane Neagle | usagoldmines.com
Crypto Market Outlook: VanEck Issues 10 Predictions, Including Bitcoin Nearing $200,000 Ronaldo Marq...
XRP Price In Motion: Analyst Reveals The Next Major Supports And Resistances Scott Matherson | usago...
Toncoin Consolidates: Could A Breakout Push TON Higher? Godspower Owie | usagoldmines.com
Japanese Lawmaker Named Satoshi Proposes BTC Reserve – Is $150,000 Bitcoin Price Possible in Decembe...
Can 1 million Bitcoin really pay off the $36 trillion U.S. national debt? Peter Schiff doubts Sneha ...
Why is Bitcoin superior to gold in every way? Saifedean Ammous explains Sneha Murali | usagoldmines....
Bull Flag Formation Puts Dogecoin Price As High As $2.15 This Cycle Scott Matherson | usagoldmines.c...
VanEck predicts 2025 bull market with Bitcoin at $180K, altcoins to fall 60% Sneha Murali | usagoldm...
XRP leads the Trump trade bull run. But can it actually sustain it? Jai Hamid | usagoldmines.com

Leave a Reply