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The 3 essential token unlocks you should watch this week

Token unlocks release previously restricted tokens under fundraising agreements. Projects strategically plan these releases to reduce market pressure and maintain token prices.

Pay attention to these three important token unlocks happening next week.

Aptos (APT)

Unlock date: December 11
Number of tokens unlocked: 11.31 million APT
Current circulating supply: 535.76 million APT
Aptos operates as a Layer 1 blockchain designed to provide a secure and scalable foundation for decentralized applications. Prioritizing security and performance, it leverages advanced technologies to enhance the blockchain experience. While it is widely regarded as a successful blockchain project, Aptos has faced criticism for its venture capital-driven tokenomics.

Read more: Aptos (APT): Is it really a “Solana Killer”?

Currently, a large portion of APT tokens remain locked. On December 11, the project will release 11.31 million APT tokens to community members, key contributors, and investors.

Starknet (STRK)

Unlock date: December 15
Number of tokens unlocked: 64 million STRK
Current circulating supply: 2.25 billion STRK
Starknet is building a Layer 2 ZK-Rollup solution to enhance the scalability of decentralized applications on Ethereum. After completing a successful funding round, the team launched the STRK token, a key element in the decentralization of the network.

Unlocking STRK. Source: Tokenomist
On December 15, the project will unlock 64 million STRK tokens, allocating them to early investors and contributors.

Sei (SEI)

Unlock date: December 15
Number of tokens unlocked: 55.56 million SEI
Current circulating supply: 3.98 billion #TokenDiamantina #binancecryptobox #BinanceSquareFamily #Altacoins #IA

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Bitcoin and Cryptocurrency Usage Hits All-Time High
The number of cryptocurrency addresses that are active on a monthly basis has hit a new all-time high of 220 million. That's three times the number that there were at the end of last year, indicating significant growth in activity in the market.

This data is based on new research published on October 16 about the market in September. It was done by a16zcrypto, a venture capital fund that invests in cryptocurrency and web3 startups.
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Tether to launch USDT replacement for Spain and other EU countries

Tether CEO Paolo Ardoino reported that the company will soon launch a new asset that will be adapted to European Union (EU) regulations and could replace USDT in the region. The announcement is made in a context in which the exit of the popular stablecoin from the EU is expected. This, as a consequence of the entry into force in the eurozone of the rules for stablecoins of the Regulation for the Market in Cryptoassets (MiCA), approved last year.
Within the framework of compliance with this Regulation, since June of this year cryptocurrency exchanges have been announcing limitations for the trading of Tether, the most popular dollar-pegged stablecoin on the market.
The most recent announcement was made by Coinbase, indicating that before December 30, it will remove from the platform stablecoins that do not comply with MiCA. The transition period for the market to adapt to the new regulations, set at six months from June 30, will end by the end of the year. From that date, exchanges operating in the European Union will be strictly obliged to market only stablecoins that are registered with the authorities, according to the MiCA parameters.

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Tomarket app is gearing up for its long-awaited listing in October 2024! 🚀 After a successful airdrop snapshot last month, early backers will soon be able to claim their $TOMATO tokens. 🎉 This project is making waves in the gaming and blockchain spaces, offering an exciting new way to interact with digital assets. Stay tuned for more updates as the official listing date approaches!

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Did you know about the Binance game where you can earn coins? It's called Moonbix and it's the new game from Binance on Telegram. Here is the link if you want to be part of this wonderful game

https://t.me/Binance_Moonbix_bot/start?startApp=ref_6981258096&startapp=ref_6981258096&utm_medium=web_share_copy

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