The market is getting ready for yet another month of token unlocks. Data suggest that there were substantial unlocks exceeding $10 million in November, featuring tokens such as SUI, IMX, HFT, APT, APE, AVAX, OP, and others.
Nearly $400 million worth of assets will enter circulation following the unlock events.
Token Unlock: November Edition
According to the TokenUnlocks website, SUI is the first token to be unlocked this month on November 3rd. These newly unlocked tokens – 34.62 million SUI worth around $15.9 million – are earmarked for allocation to the Community Access Program.
The next big unlock is for Aptos on November 12th – the layer 1 blockchain developed by former Meta executives – during which 24.8 million APT tokens will be released. The event is notable since core contributors, investors, the community, and the Aptos Foundation are all slated to receive portions of this release.
ApeCoin (APE) is scheduled for 17th November during which 15.60 million APE tokens will
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