Summary
TLDR: The crypto market is expecting over $1.7 billion worth of tokens to be released in April, with notable releases from Aptos, Axie Infinity, Arbitrum, and Ronin. Token unlocks are gaining popularity as a way to gradually introduce assets into the market, but they often lead to short-term volatility. The top 10 token unlocks in April include Aptos, Axie Infinity, Arbitrum, Ronin Bridge, StarkNet, Sui, dYdX, Uniswap protocol, SEI, and Immutable.
Key Points
1. The crypto market is anticipating a substantial influx of assets in April, with over $1.7 billion worth of tokens slated for release, including Aptos, Axie Infinity, Arbitrum, and Ronin tokens.
2. Token unlocks have gained traction as a strategy to gradually introduce locked assets into the market, aligning incentives among project investors and stakeholders, but often leading to short-term volatility and price dips.
3. Top token unlocks in April include Aptos releasing 24.84 million tokens valued at $418.75 million, Axie Infinity unveiling 14.8 million AXS tokens worth $167.40 million, and Arbitrum unlocking 92.63 million tokens valued at over $152 million on April 16.