Token unlocks are pivotal moments in the crypto world, affecting market dynamics and investor behavior. This blog covers the top token unlocks for Verida (VDA), ZTX (ZTX), FC Porto Fan Token (PORTO), IguVerse (IGU), and Zebec Network (ZBCN) set for November 16, 2024.
Source: CoinMarketCap
These top tokens to unlock highlight crucial insights for investors looking to understand the token unlock schedule and potential impacts on market trends.
Verida, a unique self-sovereign database network supporting confidential compute for AI applications, is set for an upcoming token unlock on November 16, 2024. This event will release 21.43 million VDA tokens, representing 2.14% of its max supply, valued at approximately $270,767.25. To date, 202.15 million VDA (20.21% of the total supply) have been unlocked, while 797.92 million VDA remain locked. Verida’s token unlocks crypto contribute to its mission of safe, personalized AI experiences.
ZTX, part of the ZEPETO-backed blockchain initiative, will unlock 229.51 million ZTX tokens on November 16, 2024, amounting to 2.30% of its max supply and valued at $1.12 million. Currently, 3.65 billion ZTX (36.54% of total supply) are circulating, while 6.35 billion ZTX remain locked. This top token unlock enhances ZTX’s ecosystem, which blends avatar customization and social interactions, reinforcing its status among the top tokens to invest in the token ranking charts.
The FC Porto Fan Token (PORTO), associated with the famed Portuguese football club, will undergo a token unlock releasing 3.6 million PORTO tokens (9% of its max supply) worth $6.39 million on November 16, 2024. 14.8 million PORTO (37% of the total supply) have already been unlocked, with 25.2 million PORTO still locked. PORTO's token unlock schedule provides holders with governance rights and exclusive club benefits, positioning it among the top tokens to unlock this week.
IguVerse, a GameFi app integrating NFT 2.0 standards with AI and ML, will see a token unlock of 13.13 million IGU tokens on November 16, 2024, totaling 3.28% of its max supply and valued at $108,615.41. With 283.32 million IGU (70.83% of the total supply) unlocked and 116.68 million IGU locked, this event underscores IguVerse’s focus on innovative gameplay mechanics like “Socialize to Earn” and highlights it as one of the top tokens to watch.
Zebec Network, known for its blockchain-enabled real-world value flow infrastructure, plans to unlock 2.23 billion ZBCN tokens (2.23% of its max supply), worth $2.11 million, on November 16, 2024. Currently, 64.01 billion ZBCN (64.01% of the total supply) have been unlocked, with 30.15 billion ZBCN remaining locked. This top token unlock aligns with Zebec’s vision of enhancing decentralized financial infrastructure.
These top token unlocks of the upcoming week are pivotal for understanding market dynamics and potential investment opportunities. By tracking these token unlocks, crypto enthusiasts can make informed decisions and keep up with the evolving token ranking. Stay vigilant on November 16, 2024, as these top tokens see significant movement in the crypto token unlock landscape.