CryptoRank: Aptos Token Unlock to Add $161M to Circulation

A massive $161.20 million worth of Aptos (APT) will be released in the market. $48.23 million worth of STRK will also be unlocked on 15th December. $17.36 in MOCA and $16.09 in AGI will also hit the market this week. Bitcoin (BTC) briefly reclaimed the $100,000 price level but failed to sustain the momentum, falling to $99,048 after hitting a daily low of $98,579.36. Meanwhile, news of significant token unlocks this week added to the bearish sentiment in the crypto market. According to CryptoRank.io , the largest unlocking event involves the Aptos (APT) blockchain. On December 12, $161.20 million worth of APT tokens will be released, amounting to 11.31 million tokens. Over the past day, APT has dropped 4.15%, trading at $13.81, as reported by CoinMarketCap . Other Significant Token Unlocks This Week In addition to APT , several other cryptocurrencies are set for major unlocks: Starknet (STRK): $48.23 million worth of STRK tokens will be unlocked on December 15, introducing 63.99 million tokens into circulation. STRK dropped over 4% in the past day, trading at $0.7277. Moca Network (MOCA): On December 11, $17.36 million worth of MOCA tokens will … The post CryptoRank: Aptos Token Unlock to Add $161M to Circulation appeared first on Coin Edition .

Source: Coin Edition