On December 15, several significant token unlocks are scheduled to take place, potentially impacting the cryptocurrency market. Some of the notable token unlocks include:
- StarkNet (STRK): 127.6 million tokens worth $16 million, representing 2.66% of its market capitalization.
- Sei: 95.15 million tokens worth $13.3 million, representing 1.49% of its market capitalization.
- Plasma: 88.88 million XPL tokens worth $16.5 million, representing 4.94% of its valuation.
- Arbitrum (ARB): Some sources indicate a possible unlock on December 15, while others mention December 16, with 92.63 million ARB tokens worth $20.2 million or $19.9 million, representing 1.65% of its valuation.
What to Expect
Token unlocks can have a significant impact on the market, as they increase the supply of tokens and potentially lead to price volatility. Investors should be aware of these unlocks and adjust their strategies accordingly.
