Weekly Token Unlock Preview: APT and CYBER Unlock in Large Amounts, 8% Over Circulating Supply

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Next week, although the number of unlocks is smaller than in previous weeks, each item unlock is a large amount to unlock that is worth noting.

This week, three projects will be unlocked: GLMR, APT, and CYBER.

Among them, APT unlocking is the most noteworthy, unlocking a huge scale of about $240 million. In terms of share, the scale of APT and CYBER unlocking is similar, accounting for 8% of the excess Circulating Supply.

The specific unlocking situation is as follows:

MoonBeam

Project Official Website:

Official Twitter:

Number unlocked this time: 3.04 million

Amount unlocked this time: (approx.) $1.24 million

MoonBeam is the EVM network of the Polkadot ecosystem. From this time alone, the unlocked amount only accounts for 0.38% of the total Circulating Supply. This unlock is difficult to cause any predictable impact on this project with a circulating Market Cap of more than 100 million.

From the perspective of the overall unlocking progress, compared with the previous regular unlocks, the number of GLMR’s regular unlocks per time has been much less than usual.

At present, GLMR has begun to gradually unlock small amounts smoothly and slowly. Unlocks of the same size are common, and this unlock is not worth attracting too much attention from investors within the predictable range.

Aptos

Project Official Website:

Project Twitter: _Network

Unlocked this time: 24.84 million

The amount unlocked this time: (approximately) $237 million

Aptos and Sui are collectively known as the Move duo by the community, and as one of the main non-EVM public chains, Aptos has also achieved good price performance in this round of upward movement.

Among the Tokens to be unlocked next week, APT is the most noteworthy one. Whether it is the absolute amount or the relative share, it is a relatively large one.

According to Coingecko, there are currently about 300 million in APT Circulating Supply, with $2.8 billion in Market Cap in circulation. The APTs unlocked this time are as high as 24.84 million, worth about $240 million.

APT This unlock amount accounts for 8.05% of the total Circulating Supply. This figure deserves the attention of investors.

From the perspective of unlocking vesting, the Foundation can obtain 1.33 million APTs accounting for 0.43% of the Circulating Supply;

The community can obtain 3.21 million APTs accounting for 1.04% of the circulating supply;

Core contributors can receive 11.88 million APTs accounting for 3.85% of the Circulating Supply;

Investors can get 8.42 million APTs accounting for 2.73% of the circulating supply;

From the unlocking history, the APT unlocking process is relatively slow, and it will not be fully released until 2032. Its short-term unlocking may be more indicative.

If you look at its unlocking in recent years, you can see that APT has previously unlocked a similar amount of tokens every month. In the past two months, the scale of unlocking has been larger than before.

CyberConnect

Project Official Website:

Official Twitter:

Unlocked this time: 1,260,000

The amount unlocked this time: (approx.) $9.02 million

CyberConnect is a multi-chain Decentralization social graph protocol that is currently deployed on EthereumMainnet, Polygon, Solana, and BNB Chain. The protocol aims to create opportunities for developers to use social apps, enabling users to own their digital identity DID, content, connection, and Token channel platform.

This week, CYBER will also usher in big unlocks. 1.26 million Tokens have been unlocked this time, which has exceeded 8% of the Circulating Supply, and the unlock share is comparable to the previously mentioned APT.

CYBER is a low-circulation Token, with 84% of the total Tokens currently locked and waiting to be released in the future.

Similar to APT, CYBER has an extremely long release cycle and will continue until 2028.

Judging from the unlocking situation in recent years, CYBER’s unlock this time, although the scale is quite large, is relatively conventional, similar to previous unlocks.