3 Token Unlocks to Watch in April (Summary)

April will see major token unlocks for PRCL, DBR, and SCR, potentially impacting market dynamics and price action.

Parcl (PRCL)

• Unlock Date: April 16

• Tokens Unlocked: 161.7M (16.2% of total supply)

• Use: Decentralized platform for trading real estate price movements.

• Impact: $15.56M worth of tokens to be released, mostly for early supporters and contributors. Price is down 33% in 30 days.

deBridge (DBR)

• Unlock Date: April 17

• Tokens Unlocked: 1.11B (11.1% of total supply)

• Use: Cross-chain protocol for asset/data transfer between blockchains.

• Impact: $32.19M in tokens nearly doubling supply. Allocated to contributors, partners, and ecosystem. DBR is up 38% in the past month.

Scroll (SCR)

• Unlock Date: April 22

• Tokens Unlocked: 40M (4% of total supply)

• Use: Layer 2 zkRollup solution for Ethereum scalability.

• Impact: $11.52M worth allocated for airdrops. Price down 46% in 30 days, with reduced market cap.

These unlocks are worth monitoring due to their potential impact on supply and short-term volatility.