Massive Token Unlock Coming On Avalanche (AVAX)! - Coinleaks
Current Date:September 21, 2024

Massive Token Unlock Coming On Avalanche (AVAX)!

Avalanche ( AVAX), 28 Mayabout the night 138 millionunlocks the $ AVAX.

Decentralized clever contractsproject Avalanche, 9,541,800 AVAX for the token will be unlocked. Approximately 138 million dollarIt is noteworthy that AVAX will enter circulation. on 28 MayThe amounts that will be transferred to the team and the foundation from this transaction will be at serious levels.

Avalanche Unlocks $138M AVAX

Decentralized smart contracts project Avalanche, 28 May 03:00around 9,541,800 AVAX It unlocks . Approximately $138 millionAVAXs will go through various distributions.

TokenUnlocksAfter 5 days, according to data from AVAXA serious token unlock will take place. Avalancheof 9,541,800 AVAX 50 percentHe will transfer his close to the team.

In these coins that will enter circulation, 4.500.000 AVAX ( 65 million dollar ) will be sent to the team. In addition, 2,250,000 AVAX ( 32.5 million dollar) will be sent to strategic partners.

TokenUnlockAccording to , 1,666,800 AVAX ( 24 million dollar ) is planned to be sent to the foundation. In addition, Avalanche has a total of 1,125,000 AVAX ( 16.2 million dollars ) will perform an airdrop. It is not specified how and how this airdrop will be done.

Moving at $14.46, AVAX has a market cap of $4.8 billion. The effect of unlocking the $136 million AVAX on the market situation is curious. Moreover, 50 percent of AVAX is locked.

Finally TokenUnlocks, Avalanche’s diary $1.45 million AVAXIt states that it’s unlocked.