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The cryptocurrency market is preparing for a wave of unlocking tokens worth 162 million dollars.
Axie Infinity has unlocked 210.85 million AXS tokens, 78.09% of its total supply.
The project will issue AXS tokens worth $12.23 million despite a 10.40% loss in the past year.
Arbitrum, Starknet, and Optimism are expected to unlock a total of 108.3 million USD worth of tokens this week.
Some prominent cryptocurrency projects with scheduled unlockings have reached or exceeded the 50% unlocking milestone. The cryptocurrency community is closely monitoring these events to assess the challenges and potential opportunities brought about by such significant token releases.#AXSUSDT