• 29 May, 2024
News

Crypto Market Data Aggregator Unfolds Top 7 Upcoming Crypto Token Unlocks in June

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:

The projects, dubbed to have the highest unlock amount, in the graph below, might steal crypto media headlines and investments in the coming month.

Source: Cryptorank.io

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.

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