January is expected to be an important month for the crypto industry as the Trump administration is set to debut in about two weeks and bring crypto-friendly policies.
Also, this month marks an important amount of token unlocks totaling $7.2 billion in crypto that could affect the market by creating buying or selling pressure for the coins involved.
Here are the top 10 crypto unlocks this month.
Top 10 Token Unlocks This Month
1. Aptos (APT)
On January 12, over $111.4 million worth of APT tokens will be unlocked, representing over 2% of the fully diluted market cap of the token. Over 11 million APT tokens will be unlocked.
Today, APT price is up by over 1.5%, and the coin has a market cap of over $5.5 billion.
2. Circular Protocol (CIRX)
On January 12, over 28 billion CIRX tokens will be unlocked. The unlock amount is over $108 million, or over 62% of the fully diluted market cap of the coin.
CIRX is also up by over 1.5% today having a market cap of $5.9 million.
3. Arbitrum (ARB)
Over 92.6 million ARB tokens will be unlocked on January 16. The unlock amount is over $86 million, or almost 2.2% of the fully diluted market cap of the token.
ARB is up by over 5% today and has a market cap of $3.91 billion.
4. Optimism (OP)
On January 31, 32.21 million OP tokens will be unlocked. The unlock amount is over $67 million or 2.38% of the fully diluted market cap of the token.
Today, OP is up by almost 2%, having a market cap of $2.8 billion.
5. Ronin (RON)
On January 27, over 33.6 million RON tokens will be unlocked. The unlock amount is over $66.8 million or 3.37% of the fully diluted market cap of the token.
Today, RON is up by 1% and it has a market cap of $750 million.
6. Movement (MOVE)
On January 9, 50 million MOVE tokens will be unlocked. This represents $53.35 million or 2.23% of the fully diluted market cap of MOVE.
MOVE is down by 6% today, and the coin has a market cap of $2.3 billion.
7. UXLINK (UXLINK)
On January 18, over 23.6 million UXLINK tokens will be unlocked. The unlock amount is over $36.7 million, or almost 14% of the fully diluted market cap of the token.
The coin is down by 5% today and has a market cap of almost $291 million.
8. Immutable (IMX)
On January 24, over 24.5 million IMX tokens will be unlocked. The unlock amount is almost $35.6 million or 43% of the fully diluted market cap of the token.
IMX is up by 1.5% today and has a market cap of over $2.51 billion.
9. Jito Labs (JTO)
Tomorrow, January 7, 11.31 million JTO tokens will be unlocked. This represents a little over $35 million or 4% of the fully diluted market cap of the token.
Today, JTO is up by 1.5%, having a market cap of over $868 million.
10. StarkNet (STRK)
On January 15, almost 64 million STRK tokens will be unlocked. The unlock amount is over $32.6 million or over 2.6% of the fully diluted market cap of the token, according to data from CryptoRank.
Today, STRK is up by over 1% and has a market cap of $1.25 billion.
All these token unlocks are important events, as they can create buying or selling pressure for the coins involved, triggering market volatility.