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CDS Crypto News 900 Million Dollar Vested Token Scheduled to Launch This Month

Crypto News

900 Million Dollar Vested Token Scheduled to Launch This Month

The excitement about the 900 million dollar vested token is growing.

lectertodd02/02/20241 Mins read334

900 Million Dollar Vested Token Scheduled To Launch This Month

Crypto News – Projects like Avalanche, Aptos, and The Sandbox are leading the way with the release of roughly $900 million invested tokens in February, which the digital asset market is anticipating.

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900 Million Dollar Vested Token Scheduled to Launch This Month

In February, over $900 million worth of tokens will be released, according to data provider Token Unlocks. Tokens like Avalanche, Aptos, The Sandbox, Optimism (OP), and Sui (SUI) are among those scheduled for issuance.

Avalanche will unlock the most tokens out of all the projects that are releasing tokens. It is anticipated that the proof-of-stake (PoS) blockchain project will distribute 9.5 million tokens on February 22. The tokens are currently valued at about $320 million. The allocation of tokens to the Avalanche Foundation, strategic partners, team members, and an airdrop was made clear by Token Unlocks.

About Crypto Vesting

The process of preventing holders of digital assets from fully accessing or transferring them out of their wallets for a predetermined period of time is known as crypto vesting. The goal of the approach is to encourage long-term commitment to the project by preventing early investors from abandoning the company and swiftly selling their tokens for a profit.

Sources:cointelegraph

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lectertodd

Lectertodd is 28 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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