The crypto market data aggregation and analytics platform Cryptorank.io has reported that the top 7 crypto tokens of the projects including Blur, 1inch, BitDAO, Hedera, Sui, Aptos, and dYdX are due to be unlocked in June 2023.
Cryptorank shared their analysis of the top 7 forthcoming crypto project token unlocks via a tweet:
Top 7 Upcoming Token Unlocks in June
— CryptoRank Platform (@CryptoRank_io) May 29, 2023
The tokens of the following projects with the highest unlock amount will be unlocked in June: $BLUR ($102M), $1INCH ($99.9M), $BIT ($96.4M), $HBAR ($67.5M), $SUI ($63.9M), $APT ($38.5M), $DYDX ($13.6M). pic.twitter.com/uopVcvj5lo
The projects, dubbed to have the highest unlock amount, in the graph below, might steal crypto media headlines and investments in the coming month.
While the NFT marketplace for pro traders Blur’s token unlock amount is $102 million, its unlock date is June 14 and the tokens to be unlocked are 195,999,999 (6.53%). The decentralized exchange (DEX) aggregator and liquidity protocol 1inch’s token unlock value is $99.9 million, its due date for the unlock is June 2 and the tokens to be unlocked are 249,807,669 (16.65%).
BitDAO, a Decentralized Autonomous Organization (DAO), has 187,500,000 (1.95%) tokens valued at $96.4 million to be unlocked on June 15. The blockchain-like public network for enterprises Hedera’s 1,273,353,491 (2.55%) tokens, valued at $67.5 million, has June 1 as the unlock date.
The decentralized permissionless smart contract platform Sui’s 61,083,333 (0.61%) tokens valued at $63.9 million would be unlocked on June 3. The scalable layer-1 (L1) blockchain built with Move language, Aptos’ tokens valued at $38.5 million would be unlocked on June 12. The governance token for the L2 protocol of the non-custodial decentralized derivatives exchange dYdX’s 6,520,128 (0.652%) tokens valued at $13.6 million would be unlocked on June 6.
At press time, while the Blur token is trading at $0.5211, the 1inch token is priced at $0.3983, as per CoinMarketCap. Where BitDAO’s BIT token is priced at $0.512, the HBAR token is trading at $0.05272, on CMC.
Further, the CMC data shows that the Sui token is trading at $1.07, and the APT token is priced at $8.48. Lastly, the dYdX token’s price at press time is $2.10, on CMC.
