Latest news with #Tokenomist
Crypto Insight
4 days ago
- Business
- Crypto Insight
$3.3B in crypto tokens set to unlock in June
Digital assets worth $3.3 billion are set to enter circulation in June as vesting periods for several major projects expire. According to crypto vesting tracker Tokenomist, $3.3 billion in tokens will be released in June, a 32% decline in unlocked tokens month-on-month. In May, such tokens totaled $4.9 billion. Crypto projects allocate tokens for various purposes. For example, a company may promise tokens to team members to reward them for their contributions or sell them to early investors. However, projects usually lock the tokens for a specific period to prevent early holders from dumping before the project matures. The data shows that $1.4 billion in tokens will be released through a 'cliff unlock,' while $1.9 billion will be emitted through a 'linear unlock.' Cliff unlocks release a large portion or all of the vested tokens simultaneously, while linear unlocks emit crypto assets gradually. Among the largest token unlocks in June is Metars Genesis (MRS), a non-fungible token (NFT) project that will release $193 million worth of tokens on June 21 to fund an artificial intelligence partnership. Since March, MRS has released 10 million tokens per month, with nearly $1 billion in tokens unlocked so far. Sui is scheduled to unlock 44 million tokens worth about $160 million on June 1. The tokens will go to the Mysten Labs treasury, early contributors and the community reserve. The largest portion, valued at more than $70 million, is allocated to Series B investors. To date, Sui has unlocked 3.3 billion tokens valued at over $12 billion, roughly 33% of its total supply. Tokenomist data shows another 5.22 billion tokens worth nearly $20 billion remain without a scheduled release date. Projects scheduled to unlock tokens in June Other tokens, including Fasttoken, Aptos, LayerZero (ZRO), ZKsync and Arbitrum also have vesting periods set to expire in June. Fasttoken will release 20 million tokens worth $88 million allocated to its founders, while LayerZero is scheduled to unlock 25 million tokens worth $71 million to its core contributors and strategic partners. Aptos is expected to release 11.31 million tokens worth $61 million to its core contributors, foundation, community and investors. ZKsync will release over 760 million tokens worth $49 million to its investors and team members. Source:
Business Mayor
5 days ago
- Business
- Business Mayor
3.3 Billion Dollars About To Flood The Crypto Market
21h05 ▪ 3 min read ▪ by Fenelon L. The month of June promises to be less eventful than May on the crypto unlocking front. According to Tokenomist, 3.3 billion dollars worth of tokens will be released in June, a decrease of 32% compared to May's 4.9 billion. Could this wave of liquidity disrupt the market's fragile balance? 3.3 billion dollars in crypto will flood the markets in June Crypto projects often lock their tokens for months or years. This practice, called 'vesting,' prevents early investors and teams from selling everything at once. The goal? To avoid sharp price drops before the project matures. June will see the maturity of several of these lock-up periods. The breakdown reveals a balanced strategy: 1.4 billion dollars via 'cliff unlocks' (massive immediate release) 1.9 billion dollars on a progressive, staggered schedule over time This approach limits liquidity shocks while giving projects the funds they need for development. Sui Network kicks off on June 1 with 44 million tokens released, around 160 million dollars. This Layer 1 blockchain already shows an impressive record: 3.3 billion tokens unlocked out of a total 12 billion, representing 33% of its total supply. However, 5.22 billion tokens remain pending without a precise schedule. The distribution of Sui funds revolves around several strategic goals: 70 million dollars for Series B investors Rewards for development teams Funding of Mysten Labs' treasury Top-up of the community reserve Metars Genesis hits hard on June 21 with 193 million dollars. This NFT project will finance an artificial intelligence partnership. Since March, it has regularly released 10 million per month, totaling nearly one billion to date. Other players complete the picture: Fasttoken: 20 million tokens (88 million dollars) for founders LayerZero: 25 million tokens (71 million dollars) for contributors Aptos: 11.31 million tokens (61 million dollars) distributed among teams, foundation, and investors ZKsync: over 760 million tokens (49 million dollars) for teams These June 2025 unlocks come in a particular context. The FTX case, with its planned 5 billion reimbursements by the end of May, could energize the ecosystem. Former platform clients, who are recovering 61% of their funds blocked since November 2022, now have fresh liquidity to reinvest. Maximize your Cointribune experience with our 'Read to Earn' program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits. Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
