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Inventory of tokens to be unlocked in July, the highest unlocking amount of a single coin exceeds 600 million US dollars

24-07-02 14:52

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Original title: Unlocks Activity in July 2024

Original author: Bundit, Unlocks Insights

Original translation: Deng Tong, Golden Finance

This article will show the unlocking activities of various relevant crypto projects in July 2024, and Worldcoin token WLD is leading in both scale and value.

Take a moment to check if the tokens you currently hold are part of this month's unlocking. If you participate in these token investments, please be cautious.

Top 15 Tokens by Unlocked Value in July 2024

Let's explore the total unlocking in July 2024, including Cliff unlocking and linear unlocking. The figure below shows the unlocking value of the top 15 projects, emphasizing their size relative to the circulating supply and total supply.

· $WLD has the highest unlocking amount this month, over $600 million, accounting for 53.36% of the current circulating supply.

· $SOL is second, with over $400 million unlocked. Despite the considerable value, due to the high market value of $SOL, the unlocking amount only accounts for 0.5% of the current circulating supply.

· $ALT has a large unlocking amount this month, accounting for nearly 45% of the current circulating supply.

· $XAI will also have the largest unlocking this month, accounting for 71.59% of its current circulating supply.

Top 15 Cliff Unlocks by Value in July 2024

Let’s review the top 15 projects with the highest value of scheduled unlocks in July 2024.

This month, $ALT and $XAI have significant Cliff unlocks at current prices, with significant increases in unlocks compared to current circulating supply, 45% and 71% respectively.

Important unlocks this month are highlighted in red (unlocks greater than 10%) and include the following:

· On July 1, 2024, $MAV will unlock 14.56% of the current circulating supply;

· On July 9, 2024, $XAI will unlock 71.59% of the current circulating supply;

· On July 25, 2025, $ALT will unlock 44.99% of the current circulating supply.

July 2024 Cliff unlocks tokens over a longer period of time

Thinking about long-term investing? It is critical to consider the longer time frame of token unlocking.

· $ALT has significant cliff unlocks this month that will continue into this quarter and into the next, ranking in the top 3 by market cap.

· $ARB will see the largest cliff unlock by market cap before next quarter, increasing from 92M tokens to 555M tokens by the end of the year.

· $XAI remains the high issuance token between now and the end of the year, with a maximum unlock of 38% of its total supply.

· Other tokens with significant unlocks relative to their total supply include $ZETA, $DYDX, $GAL, $IMX, and $ID.

Cliff Value Unlocked by Project Comparison

Long-term investors should focus on tokens with higher Cliff Value Unlocked, sorted by value unlocked in July 2024, this month, this quarter, and next quarter.

Projects with significant Cliff Value Unlocked between now and the end of the year can be identified by the length of the grey bar, which is significantly longer than the red and pink bars. This bar visualization makes it easier to spot tokens with significant Cliff Value Unlocked, such as $1INCH. Due to the Cliff Unlock scheduled for the team/investors/VCs at the end of November, the grey bar for $1INCH is significantly longer compared to the previous quarter.

Top 15 Linear and New Release Unlocked Projects by Value in July 2024

Let’s take a look at the top 15 projects by linear unlock volume in July 2024.

· $WLD has the highest linear unlock value this month, unlocking over $600M at current prices, nearly half of the current circulating supply.

· $SOL is a close second with the second highest linear unlock value this month at over $400M, albeit a relatively small unlock of just 0.5% of circulating supply and 0.39% of total supply.

· $MC will experience the most significant linear unlock this month, with over 80% of its current circulating supply unlocked.

All Linear and New Issue Tokens to be Unlocked in July 2024

The table below lists the linear and new issue unlocks scheduled for July 2024, sorted alphabetically by each token’s symbol.

In addition to the top 15 projects with the highest linear unlock values, three other projects stand out for their notable unlock sizes:

· $NEON had the third-highest linear unlock size this month, unlocking nearly half of its circulating supply.

· $LBR experienced significant linear unlocks, accounting for 11% of its current circulating supply and nearly 8% of its total supply.

· $HOP stands out for its 10.79% linear unlock size, although its relatively low market cap resulted in less than $1 million in unlock value.

Longer timeframes for linear and new issuance unlocks in July 2024

The table below illustrates the extended timeframes for linear and new issuance unlocks for various projects.

· $NEON will have a significant unlocking this year, with nearly 30% of its total supply unlocked.

· $LBR will continue to unlock this quarter until the end of the year, and the unlocking scale will reach a quarter of the total supply by the next quarter.

· $BEAM will also have a significant unlocking scale, reaching 20% of the total supply by the end of the year, with an unlocking value of more than $300 million at current prices.

Linear and New Issue Unlocked Value Comparison by Project

This month, this quarter, and next quarter, sorted by unlocked value in July 2024. Long-term investors should focus on tokens with high Cliff Unlocked Value.

When comparing unlocked value, projects with higher market caps have a greater impact than projects with smaller market caps. As shown in the above figure, most of the top 10 projects have relatively high market caps.