Token unlocking in one week: ID unlocks tokens worth $134 million, accounting for 18% of circulating supply

Next week, 10 projects will usher in token unlocking events. The unlocked amount of ID accounts for 18.1% of the circulating supply. In addition, Pixel and Manta have a higher proportion of unlocked items, while the unlocked proportions and amounts of other items are smaller.

The specific unlocking details are as follows:

Space ID

Project Twitter:

Project official website:

Number of unlocked coins this time: 78.49 million

Amount unlocked this time: approximately US$134 million

Space ID is a decentralized domain name service protocol created on BNB Chain. It works to build a universal name service network that seamlessly connects people, information, assets and applications across blockchains. It also allows users to bind their identities to multiple chains, and the community can build its own domain name service through the SPACE ID network.

The current circulating volume of ID only accounts for 24% of the total volume. This time, 18.1% of the circulating volume will be released. This unlocking targets many targets. The most important unlocking targets include privately raised tokens of US$32.6 million and strategic financing of US$21.73 million. Tokens, the team’s $24.45 million tokens and the advisor’s $19.02 million tokens, the potential selling pressure is strong.

The specific release curve is as follows:

Pixels

Project Twitter: _online

Project official website:

Number of unlocked coins this time: 54.38 million

Amount unlocked this time: approximately US$391.1 billion

Pixels is a metaverse farming P2E game launched in 2021. It features a 16-bit pixel style, allowing players to interact, farm, play mini-games and earn token rewards in a pixel world. It is allowed to use PFP type NFT as game avatars.

This unlocking is the first unlocking since the token was launched. The current circulation accounts for 15% of the total, so the unlocking proportion is relatively high. It is released for three types of objects, including 20.38 million US dollars of tokens for ecological rewards and project treasury. 12.74 million U.S. dollars in tokens and 5.99 million U.S. dollars in tokens from advisors, and the impact is not expected to be significant.

The specific release curve is as follows:

Forget it

Project Twitter:

Project official website:

Number of unlocked coins this time: 7.82 million

Amount unlocked this time: approximately US$24.41 million

Manta Network is a modular blockchain for zero-knowledge applications. Manta Pacific is a modular L2 ecosystem for EVM native ZK applications and DApps that want to provide users with low cost and excellent experience. Manta Pacific leverages Manta’s Universal Circuits to implement ZK-as-a-Service, and leverages Celestia’s data availability to achieve modularity.

MANTA will unlock 3.1% of the circulation this time, all of which are unlocked by the token public sale share. Compared with the circulation unlocking amount, it is more conventional. The current circulating supply accounts for 27% of the total supply. The next larger unlock will be held in April, and more than 20 million tokens will be unlocked.

The specific release curve is as follows: