- Greater than $83.38 million of liquidity has been injected into the crypto token market.
- SUI, OP, YGG, AGIX, ACA, GAL and 1INCH characterize the newly injected liquidity.
- SUI leads the money injection with a quantity of $44.4 million.
In response to Token Unlocks, greater than $83.38 million of money flowed into the crypto token market this week throughout a number of tasks. Accounting for this quantity consists of SUI, OP, YGG, AGIX, ACA, GAL and 1INCH. The whole quantity is distributed over every of the listed tokens based on totally different ratios. It additionally represents totally different elements of their circulating provide.
Sui (SUI)
Sui is a layer-1 blockchain sensible contract protocol that gives quick, personal, safe, and accessible digital asset possession. The mission launched $44.4 million from SUI this week, marking 11.6% of its excellent provide. SUI’s complete provide is 10,000,000,000 tokens, and on the time of writing, it was buying and selling at $0.7456.
Optimism (OP)
Optimism is a layer 2 blockchain on high of Ethereum. The mission has launched $31.9 million price of OP tokens, which is 3.8% of its circulating provide. On the time of writing, OP was buying and selling at $1.32 and its complete provide was 4,294,967,296 OP tokens.
Yield Guild Video games (YGG)
Yield Guild Video games is a Decentralized Autonomous Group (DAO) centered on Metaverse NFT. It launched $2.8 million price of YGG tokens this week, or 3.9% of its circulating provide. YGG was buying and selling at $0.16 on the time of writing and had a complete provide of 1,000,000,000 tokens.
SingularityNET (AGIX)
SingularityNET is an AI-driven blockchain mission that permits decentralized accessibility. It launched $2.4 million in money this week, representing 0.8% of its circulating provide. The worth of AGIX on the time of writing was $0.2384, with a complete provide of 1,303,100,454.48 AGIX.
Acala Token (ACA)
Acala is a DeFi community on Polkadot. It launched $1.2 million in money this week, which represents 4.3% of the ACA’s excellent provide. The worth of ACA on the time of writing was $0.04672 and the full provide was 1,000,000,000 tokens.
Galx (GAL)
Galxe is a Web3 information community. The mission launched $0.7 million price of GAL tokens this week, representing 1.3% of its circulating provide. On the time of writing, GAL was buying and selling at $1.32, with a complete provide of 200,000,000 GAL.
Community 1 inch (1 inch)
The 1 inch community unites decentralized protocols working within the DeFi area. It launched $20,600 in money this week, which is 0.01% of its circulating provide. 1INCH was buying and selling at $0.3279 on the time of writing, with a complete provide of 1,500,000,000 tokens.