TOP-3 decline of tokens this week

We tell you what assets will be unlocked in the second week of Fervral, and how large fuss of tokens can affect the dynamics of the market.

The scenery (English unlock) is to unlock tokens, which had previously been frozen according to the terms of investment rounds or other financing programs.

Typically, the team carefully works out tokensomics so as not to provoke sales at various stages of unlocking and not to bring down the price of token. However, some factors, for example, lack of liquidity or fixing profit with early investors immediately after unlocking tokens, can seriously hit the activation of the asset.

1. Brachain (bra)

• Date of unlock: February 10
• The number of unlocked tokens: 12.98 million braa
• Circulating appeal: 107.48 million braa

Bragachain is a modular blockchain platform of the first level compatible with the Ethereum virtual machine (EVM). It uses a new consensus mechanism called Proof-OF-Liquidity (Pol).

The project launched the main network on February 6; Simultaneously with the launch, Bera token on Binance, Bitget and other large exchanges, as well as airrod, 79 million BERA tokens (15.8% of the total tokens) took place.

On February 10, the project will additionally unlock 12.98 million tokens. Most of them will be distributed as part of the Request for Broposal (RFB) initiative to stimulate developers, community participants and liquidity suppliers in the Brachain ecosystem.

Only 1.25 million BERA unlocked tokens will go to the Airrod for the community.

2. The Sandbox (Sand)

• Date of unlock: February 14
• The number of unlocked tokens: 205.59 million Sand
• Circulating appeal: 2.45 billion Sand

The Sandbox is a virtual metavselnaya, where users can create digital assets in NFT format, own them and exchange with other users. SAND is a native platform token, created on the basis of Ethereum. Now this is the second largest token metavsene with market capitalization of more than $ 942 million.

The total Sand proposal is 3 billion tokens, of which 93% are already unlocked and are in circulation. On February 14, another 205.59 million Sand will be unlocked, costing almost $ 79.2 million.

Most of the unlocked tokens – 96.84 million SAND – will be added to the company’s reserve. The rest will be distributed among the Sandbox team and advisers.

3. Cheelee (Cheel)

• Date of unlock: February 10
• The number of unlocked tokens: 2.67 million Cheel
• Circulating appeal: 56.8 million Cheel

Cheelee is a platform of short video on the blockchain that uses game mechanics to reward users for interaction with content. In fact, users are monetizing their attention, receiving cryptocurrency for watching a video and participating in the activities of the platform.

Cheel is an official token and control token in the Cheelee ecosystem. According to CoinmarketCap, 56.8 million Cheel tokens is in the circulation with a total value of $ 449.86 million.

The total proposal of Cheel is 1 billion tokens, of which only 6.64%are unlocked. On February 10, another 2.67 million tokens worth about $ 21.34 million will be released.

Most Cheel unlocked tokens will replenish liquidity, and only a small part will be distributed between community participants.

This week is also expected to unlock XII, MOCA and Sweat. Together in the second week of February, a breaks of $ 200 million are expected.

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