Pyth Network, Aavo, Memecoin, and Starknet set for over $2 billion token unlock this month

Pyth Network, Aavo, Memecoin, and Starknet are among the crypto projects that are set to unlock over $2 billion worth of tokens this month, according to Token Unlocks data. Memecoin (MEME) has released 5.31 billion tokens, equivalent to about 31% of its circulating supply and valued at nearly $128 million. Aavo will release 827.6 million AAVO tokens on May 15, with a value of approximately $1.1 billion. Pyth Network will unlock 2.13 billion PYTH tokens on May 20, estimated to be worth $1.1 billion. Starknet’s token unlock is scheduled for May 16, with 64 million STRK tokens being released, valued at around $82 million. Other notable token unlocks include Aptos (APT), Arbitrum (ARB), and Avalanche (AVAX). Aptos will unlock 11.31 million tokens worth $103 million on May 12. Arbitrum will unlock 92.65 million tokens valued at $99 million on May 16. Lastly, Avalanche will unlock 9.54 million tokens with a value of approximately $338 million on May 22.