by Coinstrooper Crypto Articles
Quick Take
  • In the second week of December, tokens worth more than $237 million will enter the crypto market.
  • Three major ecosystems, Aptos (APT), Linea (LINEA), and Cheelee (CHEEL), will release new token supply.
  • These events could inject volatility and influence price movements in the short term.
  • Here is a breakdown of what to look out for in each project.

What Happened

The team will award 3.96 million APT to core contributors. The community and investors will get 3.21 million and 2.81 million tokens, respectively. Additionally, Aptos will allocate 1.33 million tokens to the foundation.

Market Context

In the second week of December, tokens worth more than $237 million will enter the crypto market. Three major ecosystems, Aptos (APT), Linea (LINEA), and Cheelee (CHEEL), will release new token supply.

These events could inject volatility and influence price movements in the short term. Here is a breakdown of what to look out for in each project.

Why It Matters

1. Aptos (APT)

Unlock Date: December 11

Details

Number of Tokens to be Unlocked: 11.31 million APT (0.96% of Total Supply)

Current Circulating Supply: 736 million APT

Total supply: 1.18 billion APT

Aptos is a Layer-1 blockchain platform designed for scalability, security, and efficiency in decentralized applications (dApps) and Web3 ecosystems. It utilizes the Move programming language to enable high-throughput transactions and smart contract execution.

Aptos will release 11.31 million tokens on December 11, in line with its pattern of monthly cliff unlocks. The tokens are worth $19.79 million. It represents 0.80% of the released supply.

2. Linea (LINEA)

Unlock Date: December 10

Number of Tokens to be Unlocked: 1.38 billion LINEA (1.92% of Total Supply)

Current Circulating Supply: 16.7 billion LINEA

Total supply: 72 billion LINEA

Linea is a zkEVM Layer-2 scaling solution for Ethereum (ETH). The network provides fast, low-cost transactions while maintaining compatibility with Ethereum tools and security.

On December 10, the project will unlock 1.38 billion tokens valued at approximately $11 million. This stack accounts for 6.76% of the circulating supply.

Linea will split the supply into three ways: 600.08 million tokens for long-term alignment, 480.07 million LINEA for Ignition, and 300.07 million tokens for future airdrops.

3. Cheelee (CHEEL)

Unlock Date: December 13

Number of Tokens to be Unlocked: 20.81 million CHEEL (2.08% of Total Supply)

Total supply: 1 billion CHEEL

Cheelee is a SocialFi hybrid platform that rewards users with LEE tokens for watching short videos. It blends familiar social media mechanics with blockchain-based incentives. The platform utilizes its token, CHEEL, for governance, content promotion, and advertising.

The team will release 20.81 million tokens on December 13. The tokens are worth around 10.86 million and represent 2.86% of the current released supply.