Data from Token Unlocks shows that several crypto projects are set for sizable token unlocks next week, including LayerZero, KAITO, SOON and MBG By MultiBank Group. Among them, LayerZero’s ZRO has the largest unlock by value, with about 25.71 million tokens scheduled for release at 7:00 p.m. Beijing time on Aug. 20. The release equals roughly 4.40% of its circulating supply and is valued at about $19.9 million. KAITO is set to unlock about 32.6 million tokens an hour later, with the tranche equal to 7.63% of circulating supply and worth about $11.5 million. SOON and MBG are also on the calendar for next week, with unlock values estimated at about $3.9 million and $2.8 million, respectively. The figures were cited by PANews, citing Token Unlocks data.
Data from Token Unlocks shows that ZRO, KAITO, SOON and MBG are all set for large token unlocks next week.
Unlock schedule for next week
LayerZero (ZRO) is scheduled to unlock about 25.71 million tokens at 7:00 p.m. Beijing time on Aug. 20. That amount is equal to about 4.40% of its circulating supply and is valued at roughly $19.9 million.
KAITO (KAITO) is set to unlock about 32.6 million tokens at 8:00 p.m. Beijing time on Aug. 20. The tranche is equivalent to about 7.63% of circulating supply and is valued at around $11.5 million.
SOON (SOON) will unlock about 20.24 million tokens at 4:30 p.m. Beijing time on Aug. 23. The amount accounts for about 3.76% of circulating supply and is valued at about $3.9 million.
MBG By MultiBank Group (MBG) is scheduled to unlock about 27.15 million tokens at 8:00 p.m. Beijing time on Aug. 22. The release is equal to about 6.16% of circulating supply and is valued at roughly $2.8 million.
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