In a significant development in the world of cryptocurrency, Token Unlocks have been announced, revealing the release of CTSI, ACA, EUL, GAL, YGG, and AGIX tokens between October 23 and October 29. These scheduled token unlocks have garnered the attention of crypto enthusiasts and investors alike. The details of the releases are as follows:
Cartesi (CTSI): On October 23 at 12:00, 21.43 million Cartesi (CTSI) tokens are set to be unlocked. These tokens are valued at approximately $2.8 million, representing 2.91% of the circulating supply. Cartesi, a blockchain platform that allows smart contracts to run on Linux, has made its mark in the crypto space. The token unlock signifies a significant event for the project.
Acala (ACA): On October 25 at 08:00, 4.66 million Acala (ACA) tokens are slated for release, with an approximate value of $219,000. This amounts to 0.56% of the circulating supply. Acala, often regarded as the “DeFi hub” for the Polkadot network, plays a vital role in the decentralized finance ecosystem, and its token unlock is closely watched by the crypto community.
Euler (EUL): On October 26 at 10:07, 145,000 Euler (EUL) tokens will become accessible, valued at approximately $390,000, representing 0.78% of the circulating supply. Euler is a mathematical platform designed for secure and privacy-preserving smart contracts, and the token unlock is a notable event for its community.
Galxe (GAL): On October 27 at 20:00, 586,000 Galxe (GAL) tokens will be released, worth approximately $686,000 and representing 1.26% of the circulating supply. Galxe, a platform built for next-generation blockchain ecosystems, has garnered interest for its unique approach, making this unlock a pivotal moment for the project.
Yield Guild Games (YGG): On October 27 at 22:00, 12.58 million Yield Guild Games (YGG) tokens will become accessible, with an approximate value of $2.96 million, making up 6.8% of the circulating supply. Yield Guild Games is a decentralized gaming guild that focuses on play-to-earn gaming, and its token unlock marks a substantial milestone in its journey.
SingularityNET (AGIX): On October 28 at 08:00, 9.53 million SingularityNET (AGIX) tokens are scheduled for release, with an approximate value of $1.73 million, constituting 0.77% of the circulating supply. SingularityNET, known for its decentralized artificial intelligence network, draws attention for the potential applications of AI in blockchain technology.
The scheduled token unlocks for these projects are expected to have an impact on their respective communities and the cryptocurrency market as a whole. Investors and enthusiasts will be closely monitoring the price movements and potential market reactions following these releases.
As always, it is essential for cryptocurrency investors to exercise caution and conduct thorough research before making any investment decisions, especially during periods of token unlocks and market volatility. The crypto space remains dynamic and continues to evolve, making informed decisions crucial for all participants. Stay tuned for further updates on these token unlocks and their implications in the coming days.
Read more:
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