Token Unlock Schedule: Key Dates for Investors to Watch in July and August

A major upheaval awaits the crypto market as significant token unlocks are scheduled across various platforms. According to IntoTheBlock data, a substantial percentage of the total token supply for several projects will be released into the market. This could potentially impact market dynamics and investor sentiment, as the influx of these tokens might affect liquidity […]

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Token Unlock Schedule: Key Dates for Investors to Watch in July and August

  • Wormhole: Unlocking 33.33% of tokens on August 3, 2024.
  • Mode: 14.25% token release on August 5, 2024.
  • Axie Infinity: Limited 1.68% token unlock on July 16, 2024.

A major upheaval awaits the crypto market as significant token unlocks are scheduled across various platforms.

According to IntoTheBlock data, a substantial percentage of the total token supply for several projects will be released into the market. This could potentially impact market dynamics and investor sentiment, as the influx of these tokens might affect liquidity and price movements.

At the forefront is Wormhole, the leading cross-chain blockchain protocol, set to unlock 33.33% of its token supply on August 3, 2024. This event is expected to attract considerable attention from investors and traders.

Mode, a platform offering seamless and efficient blockchain-based financial services, follows with a 14.25% token release slated for August 5, 2024. This substantial unlock would be closely monitored by market participants.

The post Token Unlock Schedule: Key Dates for Investors to Watch in July and August appeared first on Coin Edition.