Greetings, TokenUnlock enthusiasts! We're here with our monthly update on July 2024's unlocking activities. This month showcases significant unlocking events across various projects, with $WLD from Worldcoin leading in both size and value. Take a moment to check if any of your tokens or current holdings are part of this month's unlocks, and exercise caution if you're involved with these tokens.
Top 15 Unlock Value in July 2024
Let’s explore the total unlocks for July 2024, including both cliff and linear unlocks. The chart below shows the unlocked value for each of the top 15 projects, emphasizing its scale relative to the circulating supply and total supply.
- $WLD leads with the highest unlocked value this month, exceeding $600 million, with a notable unlock size of 53.36% of the current circulating supply.
- $SOL ranks second with an unlocked value of over $400 million. Despite this substantial value, the unlock amount represents only 0.5% of the current circulating supply due to $SOL's high market capitalization.
- $ALT has a significant unlock this month, with nearly 45% of the current circulating supply being unlocked.
- $XAI also features the highest unlock this month, amounting to 71.59% of its current circulating supply.
Top 15 Cliff Unlocks by Value in July 2024
Let’s review the top 15 projects with the highest cliff unlock values scheduled for July 2024.
- $ALT and $XAI have notable cliff unlock values this month at current prices, with significant unlock sizes compared to their current circulating supplies, at 45% and 71%, respectively.
All Cliff Unlocks in July 2024
The significant unlock events this month are highlighted in red (unlock size larger than 10%) and include the following:
- On July 1st, 2024, $MAV will have an unlock size of 14.56%
- On July 9th, 2024, $XAI will have an unlock size of 71.59%
- On July 25th, 2025, ALT will have an unlock size of 44.99%
Longer timeframe for cliff unlocked tokens in July 2024
Thinking about long-term investment? It’s crucial to consider the longer timeframe for token unlocks.
- $ALT has significant cliff unlocks this month, extending through the current and next quarter, and ranks in the top 3 by market value.
- $ARB will see the largest cliff unlock by market value until next quarter, with the unlock amount increasing from 92 million tokens to 555 million tokens by the end of this year.
- $XAI remains a high-emission token with the largest unlock size of 38% compared to its total supply from now until the end of the year.
- Other tokens with considerable unlock sizes relative to their total supply include $ZETA, $DYDX, $GAL, $IMX, and $ID.
Cliff Unlock Value Comparison by Project
During this month, this quarter, and through the next quarter, sorted by unlocked value in July 2024, long-term investors should focus on tokens with high cliff unlock values.
Projects with significant cliff unlock values from now until the end of this year can be identified by the length of the gray bar, which is notably longer than the red and pink bars. This bar visualization makes it easier to spot tokens with noteworthy cliff unlocks, such as $1INCH. The gray bar for $1INCH is significantly longer compared to the previous quarter, due to the scheduled cliff unlock for Team/Investor/VC at the end of November.
Top 15 Linear & New Issuance Unlocks by Value in July 2024
Let's see the 15 projects with the highest linear unlocks in July 2024.
- $WLD has the highest linear unlock value this month, with over $600 million set to be unlocked at the current price, representing nearly half of the current circulating supply.
- $SOL follows with the second-highest linear unlock value this month, exceeding $400 million, despite a relatively small unlock size of 0.5% of the circulating supply and 0.39% of the total supply.
- $MC will experience the most significant linear token unlock this month, with over 80% of its current circulating supply scheduled for release.
All Linear & New Issuance Unlocks in July 2024
The table below lists the upcoming linear and new issuance unlocks scheduled for July 2024, sorted alphabetically by each token’s symbol.
In addition to the top 15 projects with the highest linear unlock values, three other projects stand out due to their significant unlock sizes:
- $NEON has the third-highest linear unlock size this month, releasing nearly half of its circulating supply.
- $LBR experiences a substantial linear unlock, accounting for 11% of its current circulating supply and nearly 8% of its total supply.
- $HOP is notable for its linear unlock size of 10.79%, though its relatively low market capitalization results in an unlocked value of less than $1 million.
Longer timeframe for linear & new issuance unlocked tokens in July 2024
The table below illustrates the extended timeframe for linear and new issuance unlocks across various projects.
- $NEON will have a significant unlock size this year, with nearly 30% of its total supply set to be unlocked.
- $LBR will continue unlocking this quarter until the end of the year, with an unlock size reaching one-fourth of the total supply by next quarter.
- $BEAM also faces a notable unlock size, amounting to 20% of the total supply by the end of the year, with the unlocked value exceeding $300 million at the current price.
Linear & New Issuance Unlock Value Comparison by Project
for this month, this quarter, and until next quarter, sorted by unlocked value in July 2024. Long-term investors should focus on tokens with high cliff unlock values.
When comparing unlocked values, projects with higher market capitalizations have a more significant impact than those with smaller market capitalizations. As shown in the chart above, most of the top 10 projects have relatively high market capitalizations.