Crypto projects Avalanche, Lido and Yield Guild Games are set for $120 million worth of combined token unlocks this week.
Avalanche, Lido and Yield Guild Games are set for significant token unlocks this week, worth more than a combined $120 million — $100 million for AVAX alone.
Yield Guild Games will see the largest increase in the circulating supply of its YGG token at 6.6%, with Avalanche’s AVAX and Lido DAO’s LDO increasing by 2.77% and 0.97%, respectively.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Crypto projects Avalanche, Lido and Yield Guild Games are set for significant token unlocks this week — releasing more than a combined $120 million worth of tokens into circulating supply.
. Yield Guild Games releases 12.22 million YGG tokens on Aug. 27 — 6.6% of its circulating supply, worth $2.87 million. The majority of the unlocks will go to founders and investors, with $457,000 going to the project’s treasury and $684,000 to its community. Yield Guild Games released a similar amount — 13 million YGG — in July. Following that unlock, the price of YGG surged over 300% from $0.18 to $0.75 before falling back to $0.24, according to CoinGecko
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