Major Token Unlocks Scheduled for ZRO, YZY, and ZK Next Week

Token Unlocks data shows over $73 million in scheduled releases for ZRO, YZY, ZK, KAITO, and ApeCoin between November 17 and 20, potentially impacting market liquidity.

APE
KAITO
ZK

Summary

Between November 17 and 20, multiple cryptocurrencies will undergo significant token unlocks, according to Token Unlocks. ZKsync will release 173 million tokens worth $9 million on November 17, ApeCoin will unlock 15.6 million tokens valued at $5.5 million, YZY will release 37.5 million tokens worth $14.1 million, LayerZero (ZRO) will unlock 25.71 million tokens valued at $38.3 million on November 20, and KAITO will release 8.35 million tokens worth $6.4 million. These events will see more than $73 million worth of tokens enter circulation in a short period.

Terms & Concepts
  • Token Unlock: The scheduled release of previously locked cryptocurrency tokens into circulation, often affecting supply and price movement.
  • ZRO: LayerZero's native cryptocurrency, with a planned mid-November token release valued at $38.3 million.
  • APE: ApeCoin, a digital asset linked to the Bored Ape Yacht Club ecosystem.