31.81% OF SUPPLY. 0.51% OF SUPPLY.

Aztec (AZTEC) unlocks 705 million tokens today. Dollar value: roughly $9.12 million. That's about 23% of its market cap.

Aptos (APT) also unlocks today. 4.17 million tokens—$2.68 million. But that's only 0.51% of its supply.

AZTEC's dollar amount is 3.4x larger. Its supply shock is 62x larger.

Then there's Incention (CENT), unlocking 1.33 billion tokens—$4.1 million. But that's 13.6% of its market cap. The dollar amount is smaller than APT's. The ratio is 26x larger.

Three unlocks. Three different dollar rankings. The ratio reorders all of them.

APT's $2.68M release barely moves the float. AZTEC's $9.12M release expands it by nearly a quarter. The dollar amount is the headline. The ratio is the dilution.

$AZTEC $APT

#TokenUnlocks #FloatDilution #Tokenomics #SupplyShock #AltcoinResearch