In the fast-paced world of cryptocurrency, it is very important to stay up to date with the latest developments. This October, 23 altcoins are unlocking a total of $141.8 million worth of tokens. This figure is slightly lower than the previous month. Let’s take a look at the major unlock events planned for October 2023.
There is an unlock event for these altcoin projects in October
On October 3, decentralized exchange dYdX will unlock 2.15 million DYDX tokens with a total value of $4.23 million. This unlock represents approximately 1.23% of the total DYDX token supply. On October 7, ImmutableX is set to unlock 18.08 million IMX tokens, equivalent to $10.6 million, accounting for approximately 1.55% of the total IMX token supply. On October 12, Aptos will release 4.54 million APT tokens worth $24.63 million. This unlock accounts for approximately 1.92% of the total APT token supply.
On October 15, CyberConnect will unlock 6.51 million CYBER tokens, which is 11.43% of the total CYBER token supply. On October 17, ApeCoin will unlock 15.6 million APE tokens with a total value of 19.5 million USD. This unlock event accounts for approximately 4.23% of the total APE token supply. One of the most anticipated unlocks in October was on October 20 when Axie Infinity released 14.76 million AXS tokens, amounting to a staggering $69.12 million. This event accounts for 11.5% of the total AXS token supply.
What are the other unlock events?
Besides the major unlocks mentioned above, there are a few more projects unlocking altcoins in the first half of October:
- October 1st: STEPN, Acala, and 1inch will unlock $410,280 GMT, $1.32 million ACA, and $4,030 1INCH respectively.
- October 3: Sui will unlock 34.62 million SUI tokens (approximately $16.62 million), while JOE will release a smaller amount of JOE tokens worth $13,080.
- 4 October: Pendle and Tornado Cash will both unlock several thousand tokens. Pendle will launch PENDLE for $39,710, while Tornado Cash will launch TORN token for $70,820.
- 5 October: Liquity and Galxe will unlock $596,940 LQTY and $545,830 GAL, respectively.
- 6 October: Nym will launch $1.42 million worth of NYM tokens, accounting for 2.26% of the total NYM token supply.
- 7 October: Hashflow will unlock HFT tokens worth $1.09 million.
- 8 October: Moonbeam will release GLMR tokens worth $705,020.
- 9 October: While X2Y2 will unlock $126,430 worth of tokens, GMX will release $13,560 worth of tokens.
- 13 October: Sweat Economy will unlock SWEAT tokens worth $2.8 million, while NEAR Protocol will release NEAR tokens worth $185,020.
- 16 October: Flow will unlock $3.3 million in FLOW tokens.
- October 22: SPACE ID SPACE ID will unlock $3.74 million worth of ID tokens, representing 6.46% of the total ID token supply.
- October 23: Cartesi will launch $2.77 million worth of CTSI tokens.
- 27 October: Yield Guild Games will release $2.88 million worth of YGG tokens, accounting for 6.8% of the total YGG token supply.
- 28 October: SingularityNET will release $1.76 million worth of AGIX tokens.
- 30 October: Optimism will unlock $32.13 million in OP tokens, accounting for 3.03% of the total OP token supply.
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