Nearly $250M in Gaming Tokens Unlock by Month's End, Potentially Impacting Prices

Nearly $250 million worth of gaming tokens will unlock by end of March, including ApeCoin, PIXEL, IMX, YGG, and Parallel. This could impact token prices.

15.6 million ApeCoin tokens ($38.2 million) unlock on March 16, representing 2.55% of circulating supply.

54.38 million PIXEL tokens ($42.5 million) unlock on March 19, over 7% of supply. PIXEL hit an all-time high price recently.

34.19 million IMX tokens ($117.3 million) unlock on March 21, nearly 2.5% of supply. IMX also recently hit a 2-year high price.

Stepn's GMT begins 30-day linear unlock on March 31, with $1.23 million worth unlocking per day.