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October Token Unlocks: $3.42 bn Set to Hit the Market

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October Token Unlocks: $3.42 bn Set to Hit the Market

By Kapil Rajyaguru

As “Uptober” approaches, several prominent crypto projects will unlock significant portions of their token supplies, presenting both opportunities and risks for investors. Key projects include Celestia, set to unlock $1.05 billion worth of tokens on October 30, Sui with $115.6 million unlocked on October 1, and Aptos, unlocking $92.2 million on October 11.

These token releases may impact market liquidity and sentiment, with potential price volatility as investors react to the increased supply.

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