Key Crypto Token Unlocks This December: Insights and Implications
Significant Crypto Token Releases in December
In the final week of December, the cryptocurrency market anticipates the release of tokens valued over $268 million. Key projects such as Humanity (H), Plasma (XPL), and Jupiter (JUP) are set to introduce new tokens into circulation, potentially affecting market dynamics.
1. Humanity (H)
- Unlock Date: December 25
- Number of Tokens to be Unlocked: 105.36 million H (1.05% of Total Supply)
- Current Circulating Supply: 2.2 billion H
- Total Supply: 10 billion H
Humanity, leveraging biometric palm recognition and blockchain, will release 105.36 million tokens worth $15.33 million, comprising 4.79% of the released supply. The allocation includes 50 million H to the ecosystem fund, 42.86 million for identity verification rewards, and 12.50 million to foundation operations.
2. Plasma (XPL)
- Unlock Date: December 25
- Number of Tokens to be Unlocked: 88.89 million XPL (0.89% of Total Supply)
- Current Circulating Supply: 1.97 billion XPL
- Total Supply: 10 billion XPL
Plasma, a Layer 1 blockchain platform, aims to improve stablecoin transaction efficiency. The release of 88.89 million XPL tokens, valued at $11.75 million, represents 4.52% of the circulating supply, earmarked for ecosystem and growth initiatives.
3. Jupiter (JUP)
- Unlock Date: December 28
- Number of Tokens to be Unlocked: 53.47 million JUP (0.76% of Total Supply)
- Current Circulating Supply: 3.08 billion JUP
- Total Supply: 7 billion JUP
Jupiter, a decentralized exchange aggregator on Solana, will unlock 53.47 million JUP tokens on December 28, valued at $10.35 million. The tokens will be allocated mainly to the team and Mercurial stakeholders.
Investors should also watch for other notable token unlocks from Soon (SOON), IOTA (IOTA), Avail (AVAIL), and additional altcoins, contributing to the broader market activity this month.