Summary
TLDR: $250 million worth of gaming tokens are set to be unlocked by the end of March, impacting token prices as additional tokens flood the market. Notable unlocks include ApeCoin, PIXEL, IMX, YGG, PRIME, and GMT tokens tied to various crypto games and platforms. Traders and investors closely watch unlock schedules for potential price impacts.
Key Points
1. Nearly $250 million worth of gaming tokens are set to be unlocked by the end of March, according to data from Token Unlocks.
2. ApeCoin (APE) tied to the Bored Ape Yacht Club ecosystem is set to unlock 15.6 million APE on March 16, representing 2.55% of the current circulating supply.
3. IMX, the token of Ethereum gaming platform Immutable, will see the largest gaming token unlock in March with 34.19 million IMX set to unlock on March 21.