According to data from TokenUnlocks, it is predicted that the cumulative value of tokens set to be unlocked within the Web3 gaming industry by the end of February will reach around $175 million. Here's the breakdown:
- The Sandbox (SAND): Plans to release approximately 205.59 million tokens valued at around $99.2 million.
- ApeCoin (APE): Plans to unlock around 15.6 million tokens on February 16, estimated at $23.1 million in value.
- Immutable (IMX): Will release around 1.22 million tokens daily for 28 days starting from February 22, with a total expected unlocking amount of roughly $29.3 million.
- Yield Guild Games (YGG): Will release about 16.69 million tokens, valued at approximately $7.89 million, on February 27.
- Parallel (PRIME): Will unlock around 1.66 million tokens worth roughly $16.1 million on February 28.
- STEPN (GMT): Set to start a 31-day linear unlock on February 29, releasing an average of about 3.22 million tokens daily with a total estimated value of around $8.33 million.
