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In the upcoming week, a total of 633 million dollars worth of significant breakthroughs will occur in the field of cryptocurrencies. The most notable of these breakthroughs is set to occur on the dYdX platform.
dYdX, a decentralized finance project, will witness a lock-up release of 7 million dollars tomorrow. However, the biggest event will take place on December 1. On this date, approximately 500 million dollars worth and a total of 150 million tokens will be released into circulation on the dYdX platform.
As known, these releases were initially planned for February 2023 but the plans were postponed to December. Following this postponement announcement, there was an increase in the price of dYdX.
dYdX is not the only token that will host a significant lock-up release. 45 million dollars in SUI, 42 million dollars in Optimism, and 34 million dollars in 1inch will be unlocked this week. In total, the next 7 days will see lock-up releases worth 633 million dollars. Additionally, a release worth 180 million dollars is expected on December 12 in Aptos.
Jupiter, a DEX provider operating on Solana, will also conduct an airdrop. Users will be able to submit their airdrop requests via the shared website starting from Friday.
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