According to the plans, in November, the tokens of several digital currency projects, worth a total of approximately 443 million dollars, will be unlocked. In the meantime, Hashflow (HFT), Aptos (APT) and Avalanche (AVAX) are among the projects that will offer the most tokens.
The Hashflow project will reportedly unlock 160.38 million HFT tokens on November 7th. Of this figure, 48.3 million tokens will be for the core team, 416,670 tokens will be for community rewards, 49.16 million tokens will be for ecosystem development, and 62.5 million tokens will be for early investors.
Beginning
Also, the Avalanche project plans to release 9.54 million AVAX tokens on November 24. The distribution of these tokens is such that 2.25 million tokens will be allocated for strategic collaborations, 1.67 million tokens for the Launch Foundation, 4.5 million tokens for the team and 1.13 million tokens for the Airdrop winners.
The Aptos project will release 24.84 million APT tokens, whose distribution is as follows:
There will be 1.33 million tokens for the foundation, 11.88 million tokens for core contributors, 8.42 million tokens for investors and 3.21 million tokens for the community.
While investors were very happy with the crypto market rally in October, the question is now whether the unlocking of these tokens can push prices down. It should be noted that unlocking tokens may not necessarily affect the price of these digital currencies.
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