Over the next month, many crypto projects are set to unlock large amounts of tokens. According to TokenUnlocks data, here's a breakdown of February's most important unlocks and airdrops.
important unlocks
On February 11th, Aptos plans to unlock approximately 25 million tokens worth $222 million at current prices, representing more than 7% of the token's circulating supply. Aptos, like Sui, is a layer 1 network born out of his Libra project at Facebook.
The sandbox will then unlock 205 million tokens on February 14, worth $88 million at current prices. This represents 9% of the token's circulating supply. Sandbox is a metaverse platform that allows users to purchase virtual parcels of customizable land.
Avalanche, a layer 1 network, Scaling up to 100,000 TPS will unlock 9.5 million tokens worth $344 million at current prices on February 21st. The tokens will represent 2.6% of the circulating supply and the total portion of unlocked AVAX tokens will be 60%.
Finally, on February 28th (this year is a leap year, so it's not the end of the month), Optimism will unlock 24 million tokens worth $72 million at current prices, which is the largest amount of the circulating supply of tokens on the Ethereum L2 network. Equivalent to 2.5%.
smaller unlocks
Other unlocks in February include $16 million worth of CyberConnect tokens on February 13th, $21 million worth of ApeCoin tokens on February 16th, and $18 million worth of Manta Network tokens on February 18th. It includes $20 million worth of Oasis Network tokens and $5 million worth of Space IDs. February 21st.
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