August preview: Nearly $1 billion in unlocks planned for these token projects | Headlines | News | CoinMarketCap
07/29/2024 04:19Just months after Wormhole's airdrop in April, the cross-chain project will unlock a third of its token's circulating supply this month: 600 million …
Just months after Wormhole's airdrop in April, the cross-chain project will unlock a third of its token's circulating supply this month: 600 million tokens at a current value of about $180 million. It's far from the only project unlocking a significant chunk of its tokens, though: ZetaChain will unlock nearly a fifth of its circulating supply, and several other projects will see token unlocks worth $50 million or more.
Here are all the significant token unlocks, worth $10 million or more at current prices, for the remainder of July and the month of August, according to Token.Unlocks data.
Optimism: July 31, $55 million
Ethereum Layer 2 network Optimism will unlock 31.3 million tokens for core contributors and investors on July 31, making up nearly 2.8% of its circulating …