Major Token Unlocks This Week: MOVE Set to Release 50 Million Tokens Worth $16.23 Million

On April 7th, COINOTAG reported significant developments in the blockchain ecosystem as per data from Token Unlocks. This week, major token unlocks are scheduled for several cryptocurrencies, which could influence market dynamics. MOVE is set to release approximately 50 million tokens at 20:00 on April 9th, representing 2.04% of its circulating supply and valued at around $16.23 million. Meanwhile, APT will unlock close to 11.31 million tokens at 16:00 on April 12th, accounting for 1.87% of its circulating supply and estimated at $49.54 million. Lastly, AXS plans to unlock approximately 9.09 million tokens at 21:10 on the same day, which amounts to 5.67% of its circulating supply and is valued at about $22.73 million. Investors should monitor these events as they may have implications on liquidity and market sentiment.