Token unlocks are key events in the cryptocurrency market that affect liquidity, price volatility, and overall investor sentiment.
This week, three major projects—Polyhedra Network (ZKJ), Manta Network (MANTA), and Bubblemaps (BMT)—plan to release previously restricted tokens into circulation. Here are the key details.
1. ZKJ
Unlock date: March 19
Number of tokens to be unlocked: 15.5 million ZKJ (1.55% of total supply)
Current circulation: 60.3 million ZKJ
Total supply: 1 billion ZKJ
Polyhedra Network is a blockchain platform focused on Web3 interoperability and scalability. Its zkBridge technology enables secure cross-chain transactions, messaging, and NFT transfers.
On March 19, 15.5 million ZKJ tokens will be unlocked, valued at $31.38 million. Of these, 8.47 million (2.65%) are for network incentives. The community, airdrops, and marketing will receive 2.61 million (1.74%).
Additionally, the foundation reserves will receive 3.61 million tokens (2.41%). Token buyers from the pre-TGE round will receive 800,000 tokens (4.00%). This unlock corresponds to 25.7% of ZKJ's market cap, which may increase liquidity.
Polyhedra token unlock.
2. MANTA
Unlock date: March 18
Number of tokens to be unlocked: 13.63 million MANTA (1.36% of total supply)
Current circulating supply: 393.7 million MANTA
Total supply: 1 billion MANTA
Manta Network is a modular blockchain that leverages zero-knowledge (ZK) technology to enhance privacy and scalability. The MANTA token supports transactions, governance, and ecosystem development.
On March 18, 13.63 million tokens will be unlocked, valued at $3.34 million. The allocation includes 3.37 million tokens (1.59%) for the ecosystem and community. The foundation will receive 1.88 million tokens (1.39%). Private investors will receive 3.5 million tokens (2.70%).
Advisors will receive 1.87 million tokens (2.31%). Strategic allocations will receive 1.67 million tokens (2.70%). Institutional investors will receive 1.35 million tokens (2.70%).
Since 42.5% of the supply is still locked, this unlock may affect sentiment.
3. BMT
Unlock date: Ongoing (daily unlocks)
Total supply: 1 billion BMT
Current circulation: 256.18 million
Number of tokens to be unlocked: 884.16K BMT daily (0.09% of total supply)
Bubblemaps is a blockchain analytics platform that has completed its TGE on Binance Wallet. Its initial sale target is 40 million BMT tokens at $0.02 each. This sale attracted 202,990 BNB, exceeding expectations by over 13,500%.
The project unlocks 884.16K BMT tokens daily. The BMT allocation includes 184.10K tokens (0.07%) for the ecosystem and community. Airdrops will receive 408.48K tokens (0.18%).
Liquidity supply will receive 291.58K tokens (0.24%). The staggered unlocking plan reduces sudden supply shocks, but market impact remains uncertain.
Bubblemaps (BMT) token unlock.
This week, new tokens valued at over $34 million are entering the market, and these unlocks may affect liquidity and trading volume across various ecosystems. Investors and traders should closely monitor allocation patterns, as they can indicate short-term price trends and long-term market stability.
