Token Unlocks Preview: Celestia to Release $1 Billion in October

Token Unlocks Overview for October

October brings a wave of token unlocks across various cryptocurrency projects, with Celestia's planned release standing out as a major highlight. This article provides a detailed overview of all unlocks valued at $10 million or more, scheduled for October.

Key Token Unlock Dates

• Sui: October 1 - $115.6 million (2.40% of supply)
• ZetaChain: October 1 - $38.6 million (13.43% of supply)
• ImmutableX: October 4 - $58.8 million (2.02% of supply)
• Aptos: October 11 - $92.2 million (2.25% of supply)
• Taiko: October 14 - $23.4 million (15.70% of supply)
• Axie Infinity: October 14 - $50.4 million (6.14% of supply)
• StarkNet: October 15 - $30.6 million (3.60% of supply)
• Arbitrum: October 16 - $60.1 million (2.56% of supply)
• ApeCoin: October 17 - $13.0 million (2.31% of supply)
• Celestia: October 30 - $1.1 billion (81.94% of supply)

Celestia's Significant Unlock

Celestia is set to unlock 175.56 million of its TIA tokens on October 30 at 1:59 PM UTC, representing a staggering $1.05 billion at current prices. This unlock signifies 81.94% of its circulating supply and will initiate a daily emission of approximately 998,580 tokens for the next year, amounting to nearly $6 million in daily value.

Market Implications

The upcoming unlocks could have profound implications for the cryptocurrency market, particularly for the projects involved. As liquidity increases, observing how these unlocks affect token prices and overall market dynamics will be vital.