In the world of cryptocurrency, token unlocks can significantly impact market dynamics. This article delves into the top token unlocks scheduled for December 10, 2024, highlighting Sipher (SIPHER), ChainGPT (CGPT), Ordify (ORFY), PlayDapp (PDA), and LayerAI (LAI). These token unlocks are pivotal for investors and enthusiasts looking to stay informed about market movements and potential investment opportunities.
Source: CoinMarketCap
Sipher, a live-action and competitive Play-to-Earn game with RPG elements, is set to unlock 15.6 million SIPHER tokens on December 10, 2024. This represents 1.56% of the maximum supply, valued at $2.06 million. With a total supply of 114.34 million SIPHER and a market cap of $15.10 million, Sipher continues to attract attention with its Player versus Environment (PvE) mode, where players collect characters, embark on adventures, and discover the rich lore of Sipheria.
ChainGPT, known for developing open technologies for both retail users and enterprises, will unlock 20.2 million CGPT tokens on December 10, 2024. This unlock amounts to 2.02% of the max supply, valued at $4.23 million. ChainGPT’s market cap stands at $163.36 million, with a circulating supply of 780.93 million CGPT. The platform’s API and SDKs are accessible to other Web3 companies, fostering innovation and collaboration within the blockchain ecosystem.
Ordify, which offers a curated collection of products for blockchain networks, is unlocking 3.48 million ORFY tokens on December 10, 2024. This unlock represents 3.48% of the max supply and is valued at approximately $292,934.5. With a market cap of $497.03K and a circulating supply of 5.90 million ORFY, Ordify aims to connect businesses with the community across the Bitcoin ecosystem and the Ethereum Virtual Machine (EVM) world, enhancing user experience through its diverse offerings.
PlayDapp, leveraging its Mainnet for a comprehensive Web3 ecosystem, will unlock 8.14 million PDA tokens on December 10, 2024. This amounts to 1.16% of the max supply, valued at $502,810.68. With a market cap of $36.52 million and a circulating supply of 601.81 million PDA, PlayDapp integrates mobile Web3 games, an NFT marketplace, a DAO game, and strategic partnerships, making it a notable player in the blockchain space.
LayerAI, a ZK Layer-2 blockchain supporting the AI revolution, will unlock 55.91 million LAI tokens on December 10, 2024. This unlock, valued at $1.09 million, represents 1.86% of the max supply. LayerAI boasts a market cap of $50.03 million and a circulating supply of 2.57 billion LAI. The platform enables users to monetize their AI data, transforming everyday tasks into income sources and positioning itself as a significant blockchain at launch.
Understanding the top token unlocks is crucial for investors and crypto enthusiasts. The upcoming token unlocks for Sipher, ChainGPT, Ordify, PlayDapp, and LayerAI on December 10, 2024, highlight significant movements in the crypto market. These unlocks provide insights into potential investment opportunities and market trends.