We have compiled the upcoming cryptocurrency token unlocking events for the month of June. Here are the details:
Token Unlocks Scheduled for June
On June 2nd, 1inch (1INCH) will unlock 249.8 million tokens, representing 16.7% of its total supply and a value of $100.6 million. This unlocking event is expected to generate significant market activity and attract the attention of crypto enthusiasts. Another notable token unlocking event will take place on June 15th. Blur (BLUR) will unlock 196 million tokens, accounting for 6.5% of its total supply and a value of $103.1 million. Simultaneously, on the same day, BitDAO (BIT) will unlock 187.5 million tokens, representing 2% of its total supply and a value of $96.1 million. These two projects are expected to have a significant impact on the overall market dynamics throughout the month. Let's take a look at other token unlocking events planned for the first half of June, according to Token Unlocks:
On June 1st, STEPN (GMT) will unlock tokens worth $952,000. Hedera (HBAR) will unlock tokens valued at $67.6 million. Acala (ACA) will unlock tokens worth $1.3 million.
On June 2nd, Nym (NYM) will unlock NYM tokens worth $4.9 million.
On June 3rd, Sui (SUI) will unlock tokens valued at $63.7 million, while Trader Joe (JOE) will unlock JOE tokens worth $35,000.
On June 5th, Liquity (LQTY) will unlock tokens worth $848,000.
On June 6th, Tornado Cash (TORN) will unlock 760,000 tokens. On the same day, dYdX (DYDX) will unlock DYDX tokens worth $13.8 million.
On June 7th, Hashflow (HFT) will unlock HFT tokens worth $1.5 million. Euler (EUL) will unlock tokens valued at $286,000.
On June 9th, GMX (GMX) will unlock tokens worth $23,600. Also on the same day, Hop Protocol (HOP) will unlock tokens valued at $1.7 million.
On June 10th, Moonbeam (GLMR) will unlock tokens worth $872,100.
On June 12th, Aptos (APT) will unlock tokens valued at $38.3 million.
On June 15th, LookRare (LOOK) will unlock tokens worth $3.3 million.
On June 16th, Flow (FLOW) will unlock FLOW tokens worth $5.6 million.
On June 17th, ApeCoin (APE) will unlock APE tokens worth $51.5 million. On the same day, ImmutableX (IMX) will unlock tokens valued at $13.9 million.
On June 19th, Osmosis (OSMO) will unlock tokens worth $215,400.
On June 22nd, SPACE ID (ID) will unlock tokens worth $7.7 million.
On June 27th, Ronin (RON) will unlock tokens valued at $16.1 million. Yield Guild Games (YGG) will unlock YGG tokens worth $3.3 million.
On June 28th, Cartesi (CTSI) will unlock tokens worth $24,500.
These upcoming token unlocking events indicate a potential influx of tokens into the market, which could lead to increased trading volumes and price volatility. Crypto investors should closely monitor these events as they could have a significant impact on the market.
This article is not investment advice. Anyone considering investing should do their own research and take their own risks.