April's Token Drop: $899M of APT, BABY, and LINEA Ready to Hit the Market
The second week of April is bringing some serious supply-side action. Over $899.3 million in tokens are scheduled to unlock across the crypto market, with Aptos, Babylon, and Linea leading the charge. Put on your gas masks, degens.
Here's the breakdown:
Aptos ($APT) - April 12 11.31 million tokens worth $9.65 million are hitting the market. That's 0.68% of the released supply. The team gets 3.96 million, the community scores 3.21 million, investors take 2.81 million, and the foundation walks away with 1.33 million tokens. Someone's gonna have a very productive April 12th.
Babylon ($BABY) - April 10 612.5 million BABY tokens are dropping, valued at $7.56 million. This represents a hefty 37.77% of the released supply. Early private-round investors get the lion's share with 381.25 million, the team grabs 187.5 million, and advisors receive 43.75 million. Private round investors really said "I'll take that entire table at the buffet, thanks."
Linea ($LINEA) - April 10 1.38 billion tokens worth approximately $4.68 million unlock on April 10, representing 5.32% of the released supply. Linea's keeping 600.08 million for long-term alignment, 480.07 million for Ignition, and 300.04 million is reserved for future airdrops. Nothing says "we believe in this project" like setting aside a cool 300 million for handouts.
Other projects like RedStone, BounceBit, and Movement also have unlocks scheduled that week. The unlock calendar never sleeps, and neither does the anxiety.
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