Token

Major

Starknet

Impact

<ul class="wp-block-list">
 <li>CHEEL, APT, and STRK unlocks could shift market liquidity and affect prices, totaling over $1.3B in releases.</li>  
 <li>Cliff unlocks as CHEEL’s 20.81M tokens may impact token supply, shaking investor sentiment.</li>  
 <li>Linear unlocks (e.g., WLD, SOL, DOGE) will gradually increase circulating supply, influencing long-term price trends.</li> 
</ul>  
<p>From December 9 to December 16, several major token unlocks will take place, impacting multiple cryptocurrencies as reported by <a href="https://x.com/WuBlockchain/status/1865956102757867734" target="_blank" rel="noopener noreferrer nofollow">Wu Blockchain on X</a>. These unlocks, amounting to over $1.347 billion, include both large lump-sum releases and linear unlocks.&nbsp;</p>  
<p>Among the prominent tokens set to unlock are CHEEL, APT, CONX, STRK, ADA, SEI, ZKJ, BGB, ENA, WMTX, and AXS. Consequently, these unlocks are expected to <a href="https://cryptonewsland.com/matic-completes-last-token-unlock/" target="_blank" rel="noopener noreferrer nofollow">increase the circulating supply of these tokens</a>, potentially affecting their price and market stability.</p>  
<h2 class="wp-block-heading" id="h-major-cliff-unlocks-set-to-impact-the-market">Major Cliff Unlocks Set to Impact the Market</h2>  
<p>A significant amount of tokens will be <a href="https://t.co/84B6gdbh15" target="_blank" rel="noopener noreferrer nofollow">released</a> through cliff unlocks. For instance, CHEEL leads with the release of 20.81 million tokens, worth approximately $200.64 million. This release represents a substantial 36.63% of CHEEL's circulating supply.&nbsp;</p>  
<p>Besides CHEEL, Aptos (APT) will unlock 11.31 million tokens, valued at $159.13 million, amounting to 2.11% of its supply. Moreover, CONX will release 4.33 million tokens, worth $143.02 million, marking a 376.3% increase in supply. Starknet (STRK) will unlock 64 million tokens, valued at $48.53 million, impacting 2.83% of its supply.</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/WuBlockchain/status/1865956102757867734
 </div>
</figure>  
<p>These cliff unlocks are significant for the market, <a href="https://cryptonewsland.com/altcoin-season-kicks-off-as-investor-greed-sparks-bullish-momentum-dont-miss-this-top-pick/" target="_blank" rel="noopener noreferrer nofollow">as they will directly impact token availability</a>. For projects like APT and STRK, which are focused on enhancing blockchain scalability and decentralization, the unlock could trigger changes in liquidity and investor sentiment.</p>  
<h2 class="wp-block-heading" id="h-linear-unlocks-and-their-impact">Linear Unlocks and Their Impact</h2>  
<p>Alongside the cliff unlocks, linear unlocks will also take place. One of the most notable releases is WLD, which will release 37.23 million tokens worth $136.25 million, representing 5.04% of its supply. SOL (Solana) will unlock 524,030 tokens valued at $121.36 million, affecting 0.11% of its circulating supply.&nbsp;</p>  
<p>Similarly, TIA will unlock 6.99 million tokens, worth $56.95 million, which represents 1.57% of its supply. Additionally, DOGE will release 94.47 million tokens worth $44.01 million, leading to a slight increase in its circulating supply. By progressively raising the circulating supply over time, the linear unlocks will likewise have a long-lasting impact on the market. As the market reacts to the flood of new tokens, this can cause price swings for the tokens.</p> 
<p>The post <a href="https://cryptonewsland.com/massive-token-unlocks-cheel-apt-and/" rel="noopener noreferrer nofollow">Massive Token Unlocks: CHEEL, APT, and STRK Set to Shape Crypto Markets This December</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Massive Token Unlocks: CHEEL, APT, and STRK Set to Shape Crypto Markets This December

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