April's Major Token Unlocks: PRCL, DBR, & SCR
April will see three substantial token unlocks impacting Parcl (PRCL), deBridge (DBR), and Scroll (SCR). These events could significantly influence each token's price and market dynamics. Codeum, a leading blockchain security and development platform, offers services including smart contract audits and tokenomics consulting to help projects navigate these events successfully.
Parcl (PRCL)
Unlock Date: April 16
Tokens Unlocked: 161.7 million PRCL (16.2% of total supply)
Current Circulating Supply: 270.8 million PRCL
Total Supply: 1 billion PRCL
Parcl, a decentralized exchange for trading real estate price movements, will unlock a substantial portion of its total supply. This unlock includes allocations for early supporters and core contributors. The large unlock may introduce short-term price volatility. Codeum's expertise in tokenomics can help projects like Parcl manage such events effectively.
deBridge (DBR)
Unlock Date: April 17
Tokens Unlocked: 1.11 billion DBR (11.1% of total supply)
Current Circulating Supply: 1.16 billion DBR
Total Supply: 10 billion DBR
deBridge, a cross-chain protocol, will unlock a significant amount of its DBR token. This unlock, which includes allocations for core contributors and strategic partners, will nearly double the circulating supply. Despite this, deBridge has shown recent positive price movement. Codeum’s smart contract audits provide assurance for projects building cross-chain solutions.
Scroll (SCR)
Unlock Date: April 22
Tokens Unlocked: 40 million SCR (4% of total supply)
Current Circulating Supply: 190 million SCR
Total Supply: 1 billion SCR
Scroll, an Ethereum Layer-2 scaling solution, will unlock tokens primarily allocated for airdrops. This could inject additional liquidity into the market. Codeum’s partnership with launchpads can help projects manage token distribution efficiently and securely.
Disclaimer: This information is for educational purposes only and is not financial advice. Market conditions change rapidly. Conduct thorough research and seek professional counsel before making any investment decisions. Codeum is committed to providing secure and reliable blockchain solutions.