3 Major Token Unlocks This Week – What You Need to Know

The crypto market will welcome tokens worth more than $268 million in the fourth week of December. This week, major projects like Humanity (H), Plasma (XPL), and Jupiter (JUP) will release new tokens into circulation.

These releases could introduce new supply pressures, potentially leading to short-term volatility and price fluctuations. Here is a breakdown of what to watch for in each project.

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1. Humanity (H)

• Unlock Date: December 25
• Number of Tokens to be Unlocked: 105.36 million H (1.05% of Total Supply)
• Current Circulating Supply: 2.2 billion H
• Total supply: 10 billion H

Humanity (H) is a decentralized identity protocol that utilizes biometric palm recognition, zero-knowledge proofs, and blockchain to verify the authenticity of real human users without exposing their personal data. It features a native Proof of Humanity (PoH) consensus mechanism.

On December 25, the protocol will unlock 105.36 million tokens. The tokens are worth $15.33 million and account for 4.79% of the released supply.

The team will split the released supply three ways. The ecosystem fund will receive 50 million H. Furthermore, Humanity will allocate 42.86 million altcoins to identity verification rewards and 12.50 million to the foundation operations treasury.

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2. Plasma (XPL)

• Unlock Date: December 25
• Number of Tokens to be Unlocked: 88.89 million XPL (0.89% of Total Supply)
• Current Circulating Supply: 1.97 billion XPL
• Total supply: 10 billion XPL

Plasma is a Layer 1 blockchain platform built to enhance the efficiency and scalability of stablecoin transactions. It enables zero-fee USDT transfers, allows the use of custom gas tokens, supports confidential payments, and delivers the throughput required for global-scale adoption.

Like Humanity, Plasma will release 88.89 million crypto tokens on Christmas. The XPL stack is worth $11.75 million. Moreover, the tokens account for 4.52% of the current circulating supply.

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The team will direct all of the 88.89 million XPL to the ecosystem and growth.

3. Jupiter (JUP)

• Unlock Date: December 28
• Number of Tokens to be Unlocked: 53.47 million JUP (0.76% of Total Supply)
• Current Circulating Supply: 3.08 billion JUP
• Total Supply: 7 billion JUP

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Jupiter is a leading decentralized exchange (DEX) aggregator on the Solana (SOL) blockchain. It optimizes trade routes for the best prices and minimal slippage. 

The network will unlock 53.47 million JUP tokens on December 28, as per its monthly cliff vesting schedule. The supply is worth $10.35 million, accounting for 1.73% of the released supply.

Similar to previous unlocks, Jupiter will allocate the released supply primarily to the team (38.89 million JUP) and Mercurial stakeholders (14.58 million JUP).

In addition to these, other prominent unlocks that investors can look out for in the fourth week of December include Soon (SOON), IOTA (IOTA), Avail (AVAIL), and various altcoins, contributing to the overall market-wide releases.