The gaming industry is on the cusp of notable transformations this month, with several prominent tokens set to experience significant unlocks.
Key tokens to keep an eye on are $PIXEL, $XAI, $YGG, $APE, and $IMX, all of which will see a considerable increase in their circulating supply in the coming weeks.
For $PIXEL, this month’s unlock represents 7.05% of its circulating supply, amounting to approximately $7.14 million. Over the next six months, $PIXEL will release 47.09% of its total supply, with a staggering 118.04% scheduled for the year ahead.
Similarly, $XAI will see 6.40% of its circulating supply unlocked this month, equating to around $6.54 million. Looking forward, $XAI plans to unlock 37.43% in the next six months and 73.10% within the year.
Yield Guild Games ($YGG) will release 3.70% of its circulating supply this month, about $5.48 million. Over the next six months, YGG will unlock 22.17% of its supply, with a total of 42.55% unlocked within the next year.
ApeCoin ($APE) will see 2.31% of its circulating supply unlocked this month, which is approximately $12.94 million. Over the coming six months, ApeCoin plans to release 13.88% and 27.75% by the end of the year.
The gaming sector is gearing up for significant changes as some of its top projects experience token unlocks this month.
With our newly introduced "Emission Screener", lets track gaming tokens emission, and look into how unlocks may affect circulating supply and market sentiment pic.twitter.com/XAqwrljyqa
— Token Unlocks (@Token_Unlocks) September 12, 2024
Lastly, Immutable X ($IMX) will unlock 2.06% of its circulating supply this month, roughly $37.67 million. IMX will have 10.15% of its supply unlocked over the next six months and 20.85% by the end of the year.
Tracking these unlocks can provide valuable insights into how each token’s market dynamics might evolve in the near future.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.