Key Token Unlock Events in March 2024
Based on data from Token Unlocks, the cryptocurrency industry in March 2024 will witness over $2.8 billion worth of tokens being released into the market. Among these, Arbitrum (ARB), Aptos (APT), dYdX (DYDX), and ImmutableX (IMX) are the projects unlocking the largest amounts of tokens during this period.
Noteworthy Token Unlock Events
- February 29 - Optimism (OP) unlocked 24.16 million tokens (2.52% of circulating supply), valued at $88.7 million USD.
- March 1 - dYdX (DYDX) unlocked 33.33 million tokens (11.09% of circulating supply), valued at $117.7 million USD.
- March 13 - Aptos (APT) unlocked 24.84 million tokens (6.77% of circulating supply), valued at $234.5 million USD.
- March 16 - Arbitrum (ARB) unlocked 1.11 billion tokens (87.2% of circulating supply), valued at $2.05 billion USD.
- March 22 - Immutable (IMX) unlocked 34.19 million tokens (2.46% of circulating supply), valued at $105.3 million USD.
Other Unlock Events
- February 29 - Echelon Prime (PRIME): $20.63 million USD
- February 29 - Sui (SUI): $6.56 million USD
- February 29 - Euler (EUL): $538,330 USD
- February 29 - 1inch (1INCH): $32,070 USD
- March 1 - Manta Network (MANTA): $5.67 million USD
- March 1 - StepN (GMT): $854,300 USD
- March 1 - Akash Network (AKT): $305,490 USD
- March 1 - ZetaChain (ZETA): $12.65 million USD
- March 1 - Acala (ACA): $2.86 million USD
- March 2 - Tornado Cash (TORN): $136,580 USD
- March 5 - Liquidity (LQTY): $999,170 USD
- March 5 - Galxe (GAL): $6.47 million USD
- March 7 - Hashflow (HFT): $5.65 million USD
- March 9 - GMX (GMX): $20,630 USD
- March 11 - Moonbeam (GLMR): $1.32 million USD
- March 15 - CyberConnect (CYBER): $7.77 million USD
- March 16 - Flow (FLOW): $2.74 million USD
- March 17 - ApeCoin (APE): $28.55 million USD
- March 19 - Algorand (ALGO): $463,370 USD
- March 19 - Balancer (BAL): $87,840 USD
- March 22 - SPACE ID (ID): $47.84 million USD
These token unlock events highlight significant liquidity injections and potential market impacts throughout March 2024, reflecting the dynamic nature of the cryptocurrency ecosystem.
