The altcoin community is excited as several significant token unlocks are expected to occur from January 17 to January 22, 2025. These could have massive consequences for market directions and investment approaches because these projects release millions of tokens into circulation. The top of the list is occupied by Apecoin (APE) and Ancient8 (A8), while others include Manta Network, UXLink, and Space ID.
Apecoin (APE): Leading the Charge
Among all these tokens, Apecoin, or APE is leading the pack in this new series of token unlocks; they launched an enormous dump of 15.38M tokens, representing 1.54% of its total supply. This, with an estimated value of $18.04 million, has attracted the attention of many investors and analysts.
Ancient8 (A8): Strengthening Its Position
Ancient8 (A8) is the next in line with the expected 12.6M tokens to be released on 17th January, which is 1.27% of the total tokens. This unlock value stands at $4.22 million, demonstrating Ancient8’s endeavor to continue driving forward in the blockchain gaming & metaverse space. It is expected to increase the liquidity level and open up new opportunities for investors, as well as the outcome of the market characteristics of the A8 token.
Manta Network, UXLink, and Fusionist: January 18 Power Trio
There is more activity registered for January 18, when three active projects are to unlock their tokens. Manta Network will issue 13.63 million tokens, which will account for 1.36% of the overall total supply and will be valued at $10.93 million. Given that it focuses on blockchain technologies for privacy, it means that this unlock may eventually result in further development and implementation.
On the same day, UXLink stands out with the largest unlock in terms of value and makes 23.67 million tokens available, which is 2.37% of the total number of tokens. This release, worth $28.14 million, demonstrates that the project has the potential to grow within the DeFi industry.
Fusionist will also launch 3.32 million tokens (2.26% of the supply) worth $6.39 million. This unlock also underscores Fusionist’s commitment to building up its presence in blockchain gaming environment.
Pixels, Polyhedra, and Merlin Chain: January 19 Highlights
January 19th will be the token unlock for Pixels, Polyhedra, and Merlin Chain. Pixels is to launch 53.55 million tokens, or 1.07% of its total amount of tokens, with a market value of $8.01 million. Polyhedra comes next with the unlock of 15.50 million tokens, which is 1.55% of the total tokens, bringing $29.39 million to the unlock value.
On the other hand, Merlin Chain will release 28.25 million tokens, which will be 1.35% of the total issued supply valued at $6.42 million.
Space ID (ID): January 22’s Key Unlock
The last one for this unlock cycle is Space ID (ID), which has 18.49 million tokens to be released, which is 0.93% of its total tokens circulated in the market. With a value of $8.35 million, this unlock will mark the end of the cycle, and market players will watch for the result.
These tokens are unlocked over five days and represent the major project development milestones of such projects. With millions of tokens in circulation, market trends and investor perceptions are expected to change hence becoming the focal area in the crypto sector.
