July’s $350 million worth of token unlocks includes Worldcoin, XAI, Arbitrum, Aptos, and more | Headlines | News | CoinMarketCap
07/08/2024 01:12The price of Worldcoin's token is currently down about 80% from its peak in March, shortly after fellow Sam Altman co-founded company OpenAI released …
The price of Worldcoin's token is currently down about 80% from its peak in March, shortly after fellow Sam Altman co-founded company OpenAI released its text-to-video generative AI model Sora. And yet, Worldcoin will soon double its daily rate of token unlocks, alongside several other critical projects in crypto which are scheduled to release millions of dollars worth of tokens into the market.
Here are all the significant token unlocks, worth $10 million or more at current prices, for the remainder of July.
Xai: July 9, $70 million
Xai, a Layer 3 gaming-based project built on Arbitrum, will undergo its second token unlock event on July 9, unlocking nearly 200 million tokens, 72% of its circulating supply, at a current value of about $70 million. Xai is built on the …