Unlock means the release of tokens that were previously frozen according to the terms of investment rounds or other fundraising programs.

Usually, the team carefully plans the tokenomics to avoid putting significant pressure on sellers at various #unlock stages and thus prevent the collapse of the token price. However, certain factors, such as a lack of liquidity or early investors taking profits immediately after token unlock, can significantly impact the asset's quotes.

5 unlocks to watch this week

Aptos (APT)

  • Unlock Date: December 12

  • Number of Unlocked Tokens: 24,840,000 APT

  • Current Circulating Supply: 279,045,403 APT

While the first-level blockchain Aptos can be considered one of the most successful projects of the current year, it is regularly criticized for its tokenomics, in which venture capital predominates. Over 80% of #apt tokens are still locked, and unlocks will occur monthly for the next ten years. Tokens unlocked on December 12 will be distributed among the Aptos fund, early investors, and community participants.

CyberConnect (CYBER)

  • Unlock Date: December 15

  • Number of Unlocked Tokens: 1,260,000 CYBER

  • Current Circulating Supply: 14,821,350 CYBER

The CyberConnect protocol, built on the BNB Smart Chain blockchain, serves as a decentralized social graph facilitating the creation and management of social connections between users and projects across various platforms. The native #cyber token enables holders to acquire CyberID, vote on protocol improvement matters, and pay transaction fees. Unlocked tokens, available next week, are intended for participants in the public round and the project treasury.

Filecoin (FIL)

  • Unlock Date: December 15

  • Number of Unlocked Tokens: 5,450,000 FIL

  • Current Circulating Supply: 397,870 FIL

Filecoin is an infrastructure project focused on decentralized data storage with built-in economic incentives for users. The company behind the project, Protocol Labs, is known for creating the IPFS network protocol for distributed file storage and launching the popular crowdfunding platform CoinList. The upcoming FIL unlock will take place on December 15, with tokens distributed between the Protocol Labs team and the Filecoin fund.

Uniswap (UNI)

  • Unlock Date: December 16

  • Number of Unlocked Tokens: 8,330,000 UNI

  • Current Circulating Supply: 479,950,000 UNI

Uniswap, one of the most popular decentralized cryptocurrency exchanges in the market, operates on the Ethereum blockchain, the second-largest by market capitalization. Unlocked on December 16, #uni tokens will be allocated to advisors, the project team, and investors.

ApeCoin (APE)

  • Unlock Date: December 17

  • Number of Unlocked Tokens: 15,380,000 APE

  • Current Circulating Supply: 368,593,750 APE

ApeCoin, the native token of the Ape ecosystem by Yuga Labs, includes one of the most popular NFT collections, the Bored Ape Yacht Club. Normally, #ape reacts to unlocks with a decrease, but given the increasing interest in non-fungible tokens overall and BAYC in particular, the next decline may not be as significant.

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