Upcoming Token Unlocks: MANTA, OP, IMX, APT, and TRUMP

Explore upcoming unlocks and learn how to benefit from them

Token unlocks are events that allow previously restricted tokens to be traded. These scheduled unlocks are essential in maintaining market stability and avoiding price crashes by gradually releasing tokens to the market over time. If you’re planning to invest in these tokens, it’s important to stay informed about upcoming unlocks, how to prepare for them, and the risks involved. In this article, we cover token unlocks and their effects on prices, as well as details about the upcoming unlock dates for MANTA, OP, IMX, APT, and TRUMP tokens.

What is a Token Unlock?

Token unlocks occur when tokens that were previously locked or restricted for a period become available for trading. These events follow a vesting schedule, which is designed to prevent the market from being flooded with a large number of tokens all at once. This helps to maintain price stability and ensures that early investors, team members, and others involved in a project are incentivized to support its growth.

How Do Token Unlocks Work?

During the early stages of a cryptocurrency project’s development, tokens are often distributed to investors, advisors, and team members. These tokens are usually locked for a certain period to prevent them from being sold immediately after the project launches. Once the vesting schedule reaches certain milestones, these tokens are gradually unlocked and can be traded on the open market.

Why Use Vesting Schedules?

Vesting schedules prevent market volatility by limiting the number of tokens that enter circulation at once. This ensures that the price of the token does not fluctuate wildly due to large sell-offs from early investors or team members. Additionally, it aligns the interests of the project’s team with those of the investors, ensuring long-term growth and success.

Market Effects of Token Unlocks

When tokens are unlocked, they add more supply to the market. If demand does not rise correspondingly, this increased supply can lead to a decrease in price. Moreover, these unlock events often cause market volatility as investors anticipate changes in price before the unlock occurs. According to studies, the price of tokens often starts to fluctuate 30 days before the unlock event, and larger unlock events tend to have a more significant impact on price.

Moreover, the way tokens are distributed affects market behavior. When early investors or team members unlock their tokens, they may sell them for profit, which can create additional selling pressure on the market.

Upcoming Token Unlocks

Several tokens are scheduled to unlock in the near future, and these events may have a significant impact on their market prices. Here’s an overview of the upcoming unlocks:

Manta Network (MANTA)

• Unlock Date: February 18, 2025

• Tokens to be Unlocked: 13.63M MANTA

• Unlock Value: $5.64M (3.61% of total supply)

Optimism (OP)

• Unlock Date: February 28, 2025

• Tokens to be Unlocked: 32.21M OP

• Unlock Value: $36.70M (2.39% of total supply)

Immutable (IMX)

• Unlock Date: February 21, 2025

• Tokens to be Unlocked: 24.52M IMX

• Unlock Value: $20.03M (1.40% of total supply)

Aptos (APT)

• Unlock Date: March 12, 2025

• Tokens to be Unlocked: 11.31M APT

• Unlock Value: $66.75M (1.92% of total supply)

TRUMP (TRUMP)

• Unlock Date: April 18, 2025

• Tokens to be Unlocked: 40.00M TRUMP

• Unlock Value: $753.29M (20% of total supply)

How to Prepare for Token Unlocks?

If you’re anticipating that a token unlock might present an opportunity, you can exchange your tokens for stablecoins like USDT before the unlock occurs. NOW Wallet makes it easy to exchange your tokens for others, ensuring you’re prepared when these unlock events happen.

1. Install NOW Wallet on your mobile device or open it on your computer.

2. Find Your Token: Look for MANTA, OP, APTOS, or any other supported token.

3. Choose a Cryptocurrency to Receive: USDT or another currency of your choice.

4. Confirm the Transaction: Double-check the transaction details before finalizing.

While these token unlock events are important and may impact market prices, remember that cryptocurrency investments are inherently risky. Always do your own research before making any decisions.