Crypto Token Unlock: AVAX, ARB and PYTH to Distribute $3 Billion in May 2024

Arbitrum (ARB) Price Action | April 2024 | Trading View

Meanwhile, Aptos will release 11.31 APT ($102.1 million) on May 12 to the foundation, community, core contributors, and investors.

Memecoin will also release 5.31 billion MEME tokens ($147.95 million) on May 3, followed by 49.47 MEME tokens ($1.38 million) per day for the next 184 days. The majority of the cliff unlock will be released as airdrops, while the linear unlock will primarily flow to the ecosystem and investors.

Memecoin is exactly what it says on the tin, a speculative asset with no utility, no roadmap or promises – it’s literally just a meme. Created by community company Memeland, its 2 million fans can stake or mine its token via Stakeland or Meme Farming respectively.

Finally, the Bored Ape-themed ApeCoin will release 15.6 million APE ($19.97 million) on May 17, intended primarily for Treasury and Yuga Labs, according to TokenUnlocks.

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