In the second week of December, tokens worth more than $237 million will enter the crypto market. Three major ecosystems, Aptos (APT), Linea (LINEA), and Cheelee (CHEEL), will issue new token supply.
These events can cause volatility and influence price movements in the short term. Here is an overview of what to watch for with each project.
1. Aptos (APT)
Unlock date: December 11
Number of tokens to unlock: 11,31 million APT (0.96% of the total supply)
Current circulating supply: 736 million APT
Total supply: 1.18 billion APT
Aptos is a Layer-1 blockchain platform designed for scalability, security, and efficiency in decentralized applications (dApps) and Web3 ecosystems. It utilizes the Move programming language to enable high-throughput transactions and smart contract execution.
Aptos will issue 11,31 million tokens on December 11, in line with their pattern of monthly cliff unlocks. The tokens are worth $19.79 million and represent 0.80% of the released supply.
The team will allocate 3.96 million APT to core contributors. The community and investors will receive 3.21 million and 2.81 million tokens, respectively. Additionally, Aptos will allocate 1.33 million tokens to the foundation.
2. Linea (LINEA)
Unlock date: December 10
Number of tokens to unlock: 1.38 billion LINEA (1.92% of the total supply)
Current circulating supply: 16.7 billion LINEA
Total supply: 72 billion LINEA
Linea is a zkEVM Layer-2 scaling solution for Ethereum (ETH). The network provides fast, low-cost transactions while maintaining compatibility with Ethereum tools and security.
On December 10, the project will release 1.38 billion tokens, estimated at around $11 million. This amount accounts for 6.76% of the circulating supply.
Linea will distribute the supply in three ways: 600.08 million tokens for long-term staking, 480.07 million LINEA for Ignition, and 300.07 million tokens for future airdrops.
3. Cheelee (CHEEL)
Unlock date: December 13
Number of tokens to unlock: 20.81 million CHEEL (2.08% of the total supply)
Total supply: 1 billion CHEEL
Cheelee is a SocialFi hybrid platform that rewards users with LEE tokens for watching short videos. It combines familiar social media mechanisms with blockchain-based incentives. The platform uses its token, CHEEL, for governance, content promotion, and advertising.
The team will release 20.81 million tokens on December 13. The tokens are worth approximately 10.86 million and represent 2.86% of the currently released supply.
Cheelee will reserve 10.58 million tokens for rewards. Furthermore, 7.55 million will be allocated for marketing and 2.64 million for liquidity. Ultimately, the team will allocate 36,720 tokens to a community drop.
In addition to these three, there are other significant token unlocks that investors can look forward to this week, including Axie Infinity (AXS), BounceBit (BB), and Movement (MOVE).
