Top Token Unlocks on December 7: Check Token Rankings and More

Upcoming Top Token Unlocks on December 7: Key Tokens and Their Impacts

The upcoming week is set to feature significant token unlocks across multiple platforms. This blog highlights the most notable ones: SeaPad, OpenLeverage, Edu3Labs, Unique Network, and Neon EVM. Investors should pay close attention to these top tokens as their unlock schedules could influence market movements. Below is a detailed look at each token unlock, their schedules, and their potential impacts.

Source: CoinMarketCap 

SeaPad (SPT)

SeaPad, a trusted launchpad platform, focuses on new blockchain platforms like Sui, Sei, Arbitrum, and zkSync. On December 7, 2024, 2.73 million SPT tokens, valued at $173,412.66, will be unlocked. This represents 2.73% of the maximum supply. The total supply is 98.60 million SPT, with a market cap of $3.60 million. Currently, 54.88 million SPT are unlocked, while 45.13 million remain locked. SeaPad’s utility includes governance, higher priority in seed/private rounds, and fee discounts.

OpenLeverage (OLE)

OpenLeverage, a permissionless margin trading protocol, will unlock 16.08 million OLE tokens on December 7, 2024, worth $236,162.44, representing 1.61% of the maximum supply. The total supply of OLE is 1 billion, with a market cap of $2.78 million. Currently, 433.79 million OLE are unlocked, while 470.89 million remain locked. This platform allows traders to long or short any trading pair on DEXs efficiently and securely, making it one of the top tokens to invest in.

Edu3Labs (NFE)

Edu3Labs, an AI-powered personalized learning platform, will unlock 9.15 million NFE tokens on December 7, 2024, valued at $73,099.45, accounting for 1.02% of the maximum supply. With a total supply of 899.60 million NFE and a market cap of $823.93K, the platform currently has 105.39 million NFE unlocked, while 663.61 million remain locked. Edu3Labs leverages AI to create customized learning experiences, enhancing education efficiency and effectiveness.

Unique Network (UNQ)

Unique Network, a Polkadot parachain, is set to unlock 11 million UNQ tokens worth $60,746.23 on December 7, 2024, representing 1.06% of the total supply. The network has a total supply of 1.04 billion UNQ and a market cap of $1.32 million. Currently, 682.98 million UNQ are unlocked, with 76.99 million locked. Unique Network provides powerful NFT-specific tools for brands and creators to design unique NFT use cases, making it a top token in the blockchain space.

Neon EVM (NEON)

Neon EVM, a smart contract on Solana, will unlock 55.8 million NEON tokens valued at $38.91 million on December 7, 2024, representing 5.58% of the maximum supply. With a total supply of 1 billion NEON and a market cap of $37.88 million, 512.28 million NEON are currently unlocked, while 427.72 million remain locked. Neon EVM leverages Solana’s proof-of-history consensus mechanism, providing additional security and speed for the blockchain.

Conclusion

These upcoming token unlocks are pivotal events in the cryptocurrency market. Each token unlock schedule offers insights into the potential market movements and investment opportunities. Investors should stay informed about these top token unlocks to make well-timed decisions. By understanding the dynamics of each token, one can better navigate the complexities of the crypto market.