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TokenUnlocks Data Reveals Unlocking of Various Tokens This Week

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TokenUnlocks Data Reveals Unlocking of Various Tokens This Week

It is reported that on March 13, according to TokenUnlocks data, the following Tokens will be unlocked this week (March 13 to March 19), including:

More than 40 million APEs will be unlocked this week, worth about $179 million

Analysis based on this information:


The latest report from TokenUnlocks reveals that several tokens are set to be unlocked from March 13 to March 19. According to the report, the unlocking schedule is as follows:

– March 13: 150 million VTHO tokens
– March 14: 27 million SBD tokens
– March 15: 200,000 MAN tokens
– March 16: 1.47 billion GXC tokens
– March 17: 51.26 million ICX tokens
– March 19: 888.8 million PRL tokens

Token unlocking refers to the process wherein tokens or coins that have been “locked” for a certain period become available for trading or transfer. Locking typically happens during an ICO, as a means of limiting the supply of tokens and creating scarcity, and boosting demand and value. Once the lock-up period ends, token holders gain the ability to sell or use their tokens, which could potentially impact the token’s price and trading volume.

TokenUnlocks is a platform that specifically tracks token unlocking schedules, which are often publicly disclosed by ICO projects in their whitepapers or announcements. The platform provides users with a calendar of upcoming token unlocks, as well as their expected impact and significance.

The tokens included in the March 13-19 unlocking schedule come from various blockchain platforms, such as VeChain (VTHO), Steem (SBD), Matrix AI Network (MAN), GXChain (GXC), ICON (ICX), and Oyster (PRL). Some of these tokens have gained significant popularity in recent months, particularly ICX, which has been dubbed as the “Korean Ethereum” due to its strong presence in South Korea’s blockchain ecosystem.

The unlocking of these tokens could potentially have significant effects on their respective markets, with increased liquidity and trading volumes expected. Moreover, the scheduled unlocks could also affect the overall sentiment towards blockchain projects, particularly those whose tokens have underperformed or faced scrutiny from regulators and investors.

In conclusion, the recent report from TokenUnlocks provides valuable insights into the unlocking schedules of various tokens this week. While their impact on the overall blockchain landscape remains to be seen, market participants are advised to stay informed and vigilant in light of these upcoming events.

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