Unlocking is the unlocking of tokens that were previously frozen under the terms of investment rounds or other funding programs.

Typically, the team carefully works out the tokenomics so as not to cause a lot of selling pressure at various stages of the unlock and thereby not bring down the price of the token.

However, some factors, for example, a lack of liquidity or profit-taking by early investors immediately after the tokens are unlocked, can seriously affect the asset’s quotes.

Let's look at 3 of them:

1. Moonbeam (GLMR)

  • Unlock date: April 11

  • Number of tokens unlocked: 3,040,000 GLMR

  • Current circulating supply: 852,723,433 GLMR

Moonbeam is a Polkadot parachain that makes it easier to run applications on the Ethereum network while increasing scalability. It also serves as a cleaner, more user-friendly alternative to Substrate, Polkadot's native tool for creating DApps.

On April 11, the project will unlock more than 3 million coins, which will be distributed among the founders and early investors.

2. Apts (APT)

  • Unlock date: April 12

  • Number of tokens unlocked: 24,840,000 APT

  • Current circulating supply: 398,385,408 APT

While Aptos' layer 1 blockchain can definitely be called one of the most successful projects of 2023, it is regularly criticized by the crypto community for its tokenomics, which is largely dominated by venture capital. Much of the APT supply is still blocked. Unlocks will occur every month for the next ten years. The tokens released on April 11 will be distributed among the Aptos Foundation, community members and investors.

3. CyberConnect (CYBER)

  • Unlock date: April 14

  • Number of tokens unlocked: 886,120 CYBER

  • Current circulating supply: 14,821,350 CYBER

CyberConnect is a decentralized social graph protocol built on the BNB Smart Chain blockchain. It helps create and manage social connections between users and projects across platforms. The native CYBER token allows holders to buy CyberID, vote on issues related to improving the protocol, and pay transaction fees. The tokens unlocked next week are reserved for the project's treasury and ecosystem development.