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About $653 million worth of crypto tokens are set to be released into circulation this week.<\/p>\n
Investors will be keeping an eye out for potential price swings for several major assets, with data from the Tokenomist website showing large one-time and daily unlocks between August 11 and August 18.<\/p>\n
Fasttoken (FTN) boasts the largest<\/a> cliff unlock, with 20 million tokens, comprising just over 2% of supply, and valued at $91.6 million set to be released. Next is the GameFi platform Cheelee, which is set to release $88.87 million worth of its CHEEL token.<\/p>\n Other major events include 11.3 million coins from Aptos (APT), priced at $53.72 million, as well as Arbitrum (ARB) flooding the market with 92.65 million tokens at a value of $43.91 million. Elsewhere, Avalanche is unlocking 1.67 million AVAX tokens worth $40.15 million, with Sei adding 55.56 million of its native crypto pegged at $18.13 million into circulation.<\/p>\n Meanwhile, Solana (SOL) leads the daily linear unlocks with 465,770 tokens worth $93.18 million to be distributed across the week, at about $13.4 million each day. The release comes at a significant time for SOL, which has rallied 14.2% over the past week, going from just over $167 to near $186, aided by rising institutional interest, though it remains 36.9% below its January all-time high.<\/p>\n According to CoinGecko, as of August 10, four public companies, Upexi, DeFi Developments Corp, SOL Strategies, and Torrent Capital, collectively hold<\/a> over $591 million in SOL. Their stakes, amounting to 3.5 million tokens, represent 0.65% of the asset\u2019s circulating supply.<\/p>\n Meanwhile, U.S. President Donald Trump\u2019s Official Trump (TRUMP) token will see 4.89 million units valued at $45.92 million released. The team will distribute about $6.52 million worth of the meme coin every day for the next seven days, representing 2.45% of the supply.<\/p>\n The Sam Altman-linked Worldcoin project will also add 37.23 million of its native WLD cryptocurrency, valued at $40.5 million.<\/p>\n Other significant daily unlocks will come from Bittensor (TAO), which is set to release 50,400 tokens worth $19.87 million, and Dogecoin (DOGE), pouring 95.49 million tokens worth $22.09 million into the market. DOGE has struggled to lift itself in the last 24 hours, only gaining a miserly 0.4% in that time to hover around $0.23.<\/p>\n However, performance has been much better over the last seven days, with the OG meme token up more than 18% in that period, buoyed by intensified whale activity, which saw the heavyweight investors recently acquire<\/a> 1 billion DOGE for about $200 million in a single day, bringing their share of circulating supply to nearly 50%.<\/p>\n Elsewhere, interoperability protocol LayerZero (LAYER), which just announced<\/a> a $110 million all-token proposal to acquire Stargate, is also due for a $17.44 million cliff unlock. At the time of writing, LAYER was up 26.5% in the last 24 hours, as the market reacted to news of the Stargate deal.<\/p>\n It has also jumped more than 42% over the past week, significantly outperforming the global crypto market, which only managed a 7% rise in that period.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\nTRUMP, DOGE, and LAYER<\/h2>\n
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