Aptos teeters on the precipice of a cliff unlock, awaiting its fate as millions of tokens prepare for release.
It is worth noting that the unlocked tokens were intended for distribution to the community and the Foundation, with the community receiving most of the allocation.
In this context, cliffs represent a designated period that must transpire before the tokens are released. The duration of these cliffs can vary depending on the purpose behind the token allocation., APT had a circulating supply of 210.3 million tokens at press time. Furthermore, the data reported that the total supply surpassed 1 billion tokens.
Additionally, within the past 24 hours, the trading volume exceeded $94 million, experiencing a growth of over 14% as of this writing. These metrics suggested that despite the forthcoming unlock of moreThe tokens set to be unlocked represent only 2% of the total supply, which is lower than the daily trading volume the token typically witnesses.revealed a lack of positive momentum in anticipation of the unlock.
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