The crypto world’s got some news that’s both a sigh of relief and a hold your horses moment.

You see, June’s about to unleash $3.3 billion in tokens into the wild. Sounds like a lot?

Yeah, but that’s actually a 32% drop from May’s $4.9 billion. So, the flood’s easing up, but the river’s still running strong.

No selling

Now, why should you care about these token unlocks? They’re the lifeblood of crypto projects, handed out to team members, early investors, and sometimes reserved for future moves.

Projects usually lock these tokens for a while, like a mafia boss keeping his cards close, to stop early holders from dumping their stash and tanking the price before the project really takes off.

Tokenomist, the crypto vesting tracker with the inside scoop, tells us that June’s $3.3 billion breaks down into two flavors, $1.4 billion hits the market all at once, what they call a cliff unlock.

Imagine a big vault door slamming open, releasing a flood of tokens in one go.

The other $1.9 billion trickles out slowly, a linear unlock, like a slow drip from the faucet, easing the pressure on the market.

Big ballers

Metars Genesis, an NFT project with some serious moves, is dropping $193 million worth of tokens on June 21, to fuel an AI partnership.

Since March, they’ve been releasing 10 million tokens a month, nearly $1 billion unlocked so far. That’s like watching a high-stakes poker game where the chips keep piling up.

Then there’s Sui, unlocking 44 million tokens worth about $160 million right at the start of June. These tokens are going to the Mysten Labs treasury, early contributors, and the community reserve.

The biggest slice? Over $70 million for Series B investors. Sui’s already unlocked 3.3 billion tokens valued at $12 billion, that’s about a third of its total supply.

But 5.22 billion tokens worth nearly $20 billion are still locked up with no release date. That’s a lot of firepower waiting in the wings.

Charge

And MRS and Sui aren’t riding alone. Fasttoken, Aptos, LayerZero, ZKsync, and Arbitrum are all set to unlock tokens too.

Fasttoken’s founders get 20 million tokens worth $88 million. LayerZero’s core players and partners see 25 million tokens worth $71 million.

Aptos is releasing 11.31 million tokens valued at $61 million to its crew and community.

ZKsync’s investors and team members get over 760 million tokens worth $49 million. It’s like a crypto family reunion with big checks handed out.

Sure, the token unlock wave is slowing down, but it’s far from over. If you’re watching the market, these unlocks can shake things up, for better or worse.

Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.