Token unlocks are significant events that impact market dynamics. This week features top tokens such as Dappad, Rubic, GameGPT, Boba Network, and Aptos, which are all scheduled for unlocks. This article highlights their key details, providing an insight into their potential impact.
Source: CoinMarketCap
Understanding these token unlock schedules helps investors gauge top tokens to invest in and monitor market trends.
Dappad is set for a token unlock on November 12, 2024, releasing 30.73 million APPA, which accounts for 3.08% of its maximum supply. This release is valued at approximately $141,421.65. Dappad, known for its innovative launchpad fostering DApp development, has a circulating supply of 292.67 million APPA and a market cap of $1.35 million. This event will highlight Dappad in the top token unlocks crypto space, offering significant insights for investors.
Rubic’s upcoming Top Token Unlock on November 12, 2024, involves 17.21 million RBC, valued at $290,447.94, which is 1.72% of the total supply. Rubic’s Best Rate Finder simplifies cross-chain and on-chain swaps across 70+ blockchains, enhancing its market reputation. Currently, Rubic’s market cap stands at $2.79 million with a circulating supply of 165.28 million RBC, making it one of the top tokens to unlock this week.
GameGPT will unlock 214.57 million DUEL tokens on November 12, 2024, representing 2.15% of its max supply, valued at $580,976.95. This AI-driven gaming platform, developed by Prism, aims to empower both players and developers. With a circulating supply of 2.95 billion DUEL and a market cap of $8.1 million, this unlock is essential for tracking token ranking and considering top tokens to invest in for the gaming sector.
Boba Network will see 22.5 million BOBA tokens unlocked on November 12, 2024, equating to 4.50% of its max supply, valued at $4.38 million. Boba Network is a multichain layer-2 scaling solution known for its Hybrid Compute technology. It supports blockchain innovations and boasts a market cap of $32.44 million. This makes it a critical part of the top token unlock discussions and a significant player in the token unlock schedule.
Aptos is preparing for a token unlock of 11.31 million APT on November 12, 2024, valued at $123.68 million, comprising 1.00% of its total supply. As a Layer 1 PoS blockchain utilizing the Move programming language, Aptos seeks mainstream adoption with its innovative DApp solutions. With a current market cap of $5.67 billion, this unlock positions Aptos among the top tokens to unlock this week.
These top token unlocks represent vital opportunities and challenges for investors. From Dappad’s DApp launch support to Aptos’s advanced blockchain solutions, each token unlock contributes to market shifts. Monitoring these Top Token Unlock events ensures a strategic approach to potential investments and highlights which top tokens to consider for future prospects.
Deepmala Upadhyay is an experienced crypto journalist, content strategist, and News writer with over 5 years of expertise in writing and the crypto industry. Holding a Bachelor's Degree in Computer Science and a deep understanding of blockchain technology and financial markets, she excels in delivering exclusive news, in-depth research blogs, and expertly crafted on-page SEO content. As a team lead and content writer at CoinGabbar, Deepmala is responsible for analyzing blockchain technologies, cryptocurrency, price movements, and the crypto market with precision and insight. Her keen ability to create well-researched, impactful content, combined with her expertise in market analysis, makes her a trusted voice in the crypto space.
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