Token unlocks are events when blockchain projects release previously restricted tokens to the market. These events are carefully planned to manage market impact and volatility.
Often, these token unlocks lead to notable price movements. Here are three major token unlocks scheduled for the upcoming week:
1. Portal (PORTAL)
- Unlock Date: February 28
- Number of Tokens to be Unlocked: 25.61 million PORTAL (2.56% of max supply)
- Current Circulating Supply: 167.1 million PORTAL
- Total Supply: 1 billion PORTAL
Portal is the native utility token for a cross‑chain Web3 gaming platform that unites gamers and developers across multiple blockchain networks. The upcoming unlock will release tokens from several rounds of allocation.
For instance, the Team & Advisors allocation will increase by approximately 920,000 tokens, while the Treasury allocation will add around 3.31 million tokens.
With three rounds…
