On December 11, 2024, Aptos (APT) will release 11.31 million tokens at 4 PM UTC. This event is important because it will add about 2.13% of the tokens currently in circulation to the market. These tokens are worth around $153 million based on today's price.
Unlock date: December 11
Number of tokens unlocked: 11.31 million APT
Current circulating supply: 535.76 million APT
Aptos is a layer 1 blockchain created by Aptos Labs and is often compared to Solana.
It works with a group of validators who help process user transactions using a method called proof-of-stake, which is safe and reliable.
The unlocked tokens will be allocated as follows:
Foundation: 1.33 million tokens(0.81%)
Community: 3.21 million tokens (0.63%)
Core Contributors: 3.96 million tokens (2.08%)
Investors: 2.81 million tokens (2.08%)
APTUSD support and resistance-
Resistance - $20
Support- $4
