In the first week of February, several significant token unlock events are planned. One of the most important events is the release of locked Ripple (XRP) tokens. Ripple did not have a precise schedule for unlocking, but on February 2nd, approximately 400 million XRP tokens worth around $1.13 billion were released. Although not all of these tokens will enter the market, a significant portion will be locked again. However, this unlock may impact the price of XRP. Another important unlock is related to Jito Labs, scheduled for February 7th. On that day, 11.3 million Jito (JTO) tokens worth approximately $33.89 million will be released. These tokens act as the governance token of the Jito network and currently have 289.4 million tokens in circulation. New tokens will be distributed among key participants and project investors. On February 5th, the Galxe Network will also release 5.18 million GAL tokens, with 3.2 million tokens allocated to project investors and supporters. TARS AI platform released 26.7 million TAI tokens on February 2nd, most of them dedicated to ‘AI to Earn’ functionality. Additionally, on February 3rd, the Neutron Network will unlock 9.96 million NTRN tokens, distributed among the project team, investors, and advisors. In the upcoming week, projects like Tribal Token, NEON, and Automata Network will also release new tokens. The total value of tokens released in the upcoming week is estimated to be around $70 million. You can track the live prices of all tokens and cryptocurrencies on the real-time digital currency price page.
