Crypto Market Sees Record-Breaking Token Unlocks Worth Over $317 Million
The cryptocurrency market is experiencing a significant surge in token unlocks, with over $317 million in combined value scheduled for release between February 23rd and March 2nd. According to data compiled by Tokenomist, the releases will span 15 projects and include both one-time cliff events and ongoing linear emissions.
The largest values are expected from RAIN, which is set to unlock $90.58 million in tokens, CC, with $30.82 million in linear unlocks, and TRUMP, with $21.45 million in scheduled releases. These emissions will occur gradually during the seven-day window, impacting circulating supply across multiple tokens.
The cliff token unlocks, which involve single distributions that exceed $5 million per project, account for more than $134 million in value. SUI leads the cliff schedule by value, with a release of $42.35 million, equivalent to 45.79 million tokens, representing 1.19% of its adjusted released supply.