Over $200 Million Worth of Major Tokens to be Unlocked This Week: What You Need to Know

Over $200 Million Worth of Major Tokens to be Unlocked This Week: What You Need to Know

Crypto tokens worth upwards of $212 million are set to unlock this week. According to the latest data, five projects – Dao Maker (DAO), STEPN (GMT), Internet Computer (ICP), BitMEX (BMEX), Aptos (APT), The Sandbox (SAND), according to data compiled by DropsTab.
The token unlocks could potentially create some significant sell pressure.
Token Unlocks: Weekly Edition
The DAO Maker Token is the governance token of the DAO Maker ecosystem built on top of the Ethereum blockchain. The token unlock of 20.82 million DAO, representing 7.41% of the total supply, is scheduled for August 9th.
GMT is the native token of a WEB 3 lifestyle app called STEPN which has “Social-Fi and Game-Fi” elements. The token unlock of 87.92 million GMT, accounting for 1.47% of the total supply, is also set for August 9th.
ICP is the native utility token of layer-1 blockchain Internet Computer and is used to facilitate network governance and reward participants. It’s scheduled for an unlock of 3.31 million IC

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