Unlock Token This Week: There is APT, XAI, IO, and RENDER!
2024-09-09
Bittime - Some popular crypto projects will unlock tokens this week on a large scale. What tokens? Read this article to find out!
Unlock Token Xai (XAI)
Today at 16:30, XAI tokens will unlock 35.88 million XAI tokens, which is worth around US$6.36 million. This amount accounts for approximately 6.27% of the total current circulation.
Read Also: Polkadot Accelerates DOT Token Unlock Period to 2 Days
Unlock Token Aptos (APT)
On September 11, 2024, at 17:00, the Aptos project will also tokenize 11.31 million APT tokens, which is equivalent to approximately US$66.16 million. This amount accounts for around 2.32% of the total current APT circulation.
Unlock Token io.net (IO)
On the same day as Aptos, at 19:00, io.net will unlock 2.11 million tokens with a value of around US$3.31 million. Although these IO tokens only account for around 2.22% of the current circulation, the unlocking of these tokens has the potential to have an impact on the price of IO tokens in the market.
Read Also: Ether.fi Updates ETHFI Token Unlock Period for the Second Quarter
Unlock Token Render (RENDER)
On September 14, 2024, at 07:00, Render will unlock 760,000 RENDER tokens with a value of around US$3.59 million. Although the number of tokens opened only accounts for 0.19% of the total circulation, the opening of these tokens still attracts attention, considering that RENDER is one of the active projects in the field of decentralized computing and has attracted great interest from the crypto community.
Impact of Unlock Token This Week
This week's token unlocking process on a large scale has great potential to influence the crypto market. When a large number of tokens are released into the market, liquidity will increase, which can trigger price volatility. Depending on demand and the number of tokens available, the price can go up or down.
In some cases, unlocking large amounts of tokens can depress prices if demand is not enough to absorb the newly available tokens. On the other hand, if the unlocked tokens are well absorbed by the market, the unlocking of tokens can increase investor confidence and cause price increases.
Read Also: Lista DAO Announces LISTA Token Unlock Schedule
How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor graphic movement price Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
