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**Unlocked Tokens Worth Over $75 Million: Which Are They and What Do They Mean?**

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On April 2nd, according to DeFiLlama data, in April, five tokens, APT, APE, DYDX, LOOKS, and GLMR, with a total value of more than $75 million, will be unlocked, including: 12.5 mi

**Unlocked Tokens Worth Over $75 Million: Which Are They and What Do They Mean?**

On April 2nd, according to DeFiLlama data, in April, five tokens, APT, APE, DYDX, LOOKS, and GLMR, with a total value of more than $75 million, will be unlocked, including: 12.5 million LOOKS (valued at approximately $1825538) on April 10th, 378788 DYDXs (valued at approximately $935606) on April 11th, 3210145 APTs (valued at approximately $39.81 million) on April 12th, 7343750 APEs (valued at approximately $32.02 million) on April 16th And 1479167 GLMRs (valued at approximately $557102) on April 18.

Data: APT, APE, DYDX, LOOKS, and GLMR will unlock more than $75 million of tokens in April

As per DeFiLlama data, several tokens worth a total of more than $75 million are expected to be unlocked in the month of April. Among these tokens are APT, APE, DYDX, GLMR, and LOOKS. In this article, we will delve into the details of these tokens, what unlocking them means, and what impact it could have on the world of cryptocurrency.

**Overview: Unlocking of Tokens**

Tokens are often locked up in order to ensure stability for the project, to keep the market stable, prevent the token from decreasing in value, and more. Once a token is locked in, it may take some time before it becomes tradeable on the market, and this could be beneficial for both the project and investors. However, there may come a time when these tokens need to be unlocked. This may happen due to various reasons such as a change in management, project restructuring or simply because the token is no longer useful in the locked-up phase.

**Tokens Being Unlocked in April**

1. **LOOKS** – The first token on our list is LOOKS. On April 10th, 12.5 million LOOKS tokens, valued at approximately $1,825,538, will be unlocked. LOOKS is a token that is used for the LooksCoin digital advertising platform. Its unlocking could certainly mean more activity on this platform, which could be exciting for investors.
2. **DYDX** – Next up is DYDX. On April 11th, 378,788 DYDX tokens, valued at approximately $935,606, will be unlocked. DYDX is a decentralized exchange platform that allows users to trade derivatives. Its unlocking could mean more liquidity for the platform, which in turn could attract more investors.
3. **APT** – On April 12th, a whopping 3,210,145 APT tokens, valued at approximately $39.81 million, will be unlocked. Aptorum Group is a biopharmaceutical company. Its unlocking could be a sign that the company is preparing to undertake more research or is ready to launch a new product.
4. **APE** – On April 16th, 7,343,750 APE tokens, valued at approximately $32.02 million, will be unlocked. APE is a gaming project and is run by the ApeSwap decentralized finance platform. Its unlocking could mean more activity on the platform, which could result in more transactions and possibly more investors.
5. **GLMR** – The final token on our list is GLMR. On April 18th, 1,479,167 GLMR tokens, valued at approximately $557,102, will be unlocked. The protocol behind GLMR is aimed at preventing so-called rug pulls, wherein a significant portion of the tokens on the market are removed all at once, resulting in a significant loss for investors. Its unlocking could lead to more investors taking part in the protocol.

**What does the Unlocking of Tokens Mean for Investors?**

With the tokens being unlocked, investors may find more opportunities to invest in these projects. Moreover, if the tokens are successful in generating more activity in their respective platforms, it could result in more returns for investors. That being said, it’s important to remember that these tokens do carry some risk, as with any investment.

**Conclusion**

The tokens that are expected to be unlocked in April could prove to be significant for both the investors and the projects involved. The unlocking of these tokens could lead to more activity on the platforms, thus attracting more investors. However, it’s important to remember that investing in these tokens does carry some risk. Before investing, be sure to do your due diligence and research extensively.

**Frequently Asked Questions**

**Q1. What does it mean for a token to be unlocked?**
A: Tokens are often locked up in order to ensure stability for the project, to keep the market stable, prevent the token from decreasing in value, and more. Once a token is locked in, it may take some time before it becomes tradeable on the market, and this could be beneficial for both the project and investors. However, there may come a time when these tokens need to be unlocked.
**Q2. What could be the possible impact of the unlocking of these tokens?**
A: If the tokens are successful in generating more activity on their respective platforms, it could result in more returns for investors.
**Q3. Is investing in these tokens risky?**
A: Yes, investing in these tokens does carry some risk, as with any investment. It’s important to do your due diligence and research extensively before investing.

**Keywords:** DeFiLlama data, tokens, unlocking, LOOKS, DYDX, APT, APE, GLMR, investors, decentralized exchange, biopharmaceutical, gaming, decentralized finance.

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