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Immutable will begin a 28-day linear unlocking period on the 22nd, releasing 1.22 million IMX each day

Immutable will begin a 28-day linear unlocking period on the 22nd, releasing 1.22 million IMX each day

2024/02/14 04:22
PRIMEOLD0.00%IMX+2.62%YGG-1.16%
Immutable will begin a 28-day linear unlocking, releasing 1.22 million IMX each day, valued at $3.66 million at the current price. These allocations are used for ecosystem and project development funds as well as private token sales. Calculated at the current price, this means that by the end of February nearly $29.3 million worth of 9.76 million IMX tokens will be unlocked, accounting for 1% of the current circulating supply. In addition, on February 28th, Parallel-related PRIME tokens will unlock 1.66 million units with an estimated value of about $16.1 million based on the current price, representing less than 5% of the current circulating supply volume.Yield Guild Games also plans to unlock its YGG tokens on February 27th with a release of approximately16.69 million tokens currently valued at $7.89million which accounts for nearly5 .7%ofthe circulating supply.
 
 
 
 
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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