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WEEKLY VESTING 6. to 13. May: Major $GFAL and $HyPC Selling Pressure

Daniel Urbánek
Daniel Urbánek
May 06 at 01:09
Analysis, Token Unlocks, News

Welcome to our weekly review of the most important token unlocks. From May 6th to 15th you can look forward to large $GFAL and $HyPC unlocks that are likely to drop market price.

🔒 Interesting Token Unlocks This Week:

  • $HFT - 1.6% of the total supply will enter circulation on May 7th.
  • $HYPC - 1.9% of the total supply will enter circulation on May 8th.
  • $INSR - 2.1% of the total supply will enter circulation on May 10th.
  • $GFAL - 2.5% of the total supply will enter circulation on May 13th.

Hashflow - $HFT Token Unlock

Hashflow ($HFT) is a decentralized exchange (DEX) that facilitates trading across multiple blockchains like Ethereum, BNB Chain, and others without the need for bridges. It uses a request-for-quote model to ensure traders get guaranteed price quotes from market makers. Hashflow offers revenue sharing to HFT stakers, gamified DAO experiences through Hashverse, and employs a vote-escrow model for governance.

On May 7th Hashflow is set for the following unlocks:

  • 7,027,834 $HFT tokens valued at $2,328,046 will be released to the Investors allocation group, increasing the circulating supply by 0.7%
  • 5,992,600 $HFT tokens valued at $1,985,113 will be released to the Ecosystem Development allocation group, increasing the circulating supply by 0.6%
  • 3,250,065 $HFT tokens valued at $1,076,619 will be released to the Team allocation group, increasing the circulating supply by 0.33%

HyperCycle - $HYPC Token Unlock

HyperCycle ($HyPC) is a cryptocurrency that serves as a utility token within the HyperCycle network, a Layer 0++ blockchain architecture designed to facilitate high-speed and cost-effective on-chain execution of microservices. The network is particularly optimized for AI-related applications, providing a platform for decentralized AI and computation for various use cases.

On May 8th Hypercycle is set for the following unlocks:

  • 4,115,969 $HyPC tokens valued at $2,343,838 will be released to the Strategic Partners allocation group, increasing the circulating supply by 0.19%
  • 10,737,311 $HyPC tokens valued at $6,114,361 will be released to the Team and Advisors allocation group, increasing the circulating supply by 0.5%
  • 7,158,422 $HyPC tokens valued at $4,076,363 will be released to the Liquidity Rewards Pool allocation group, increasing the circulating supply by 0.33%
  • 10,232,964 $HyPC tokens valued at $5,827,161 will be released to the Ecosystem and Network Adoption Fund allocation group, increasing the circulating supply by 0.48%
  • 7,874,264 $HyPC tokens valued at $4,483,999 will be released to the Network Incentive Pool allocation group, increasing the circulating supply by 0.37%

Insurabler - $INSR Token Unlock

Insurabler ($INSR) aims to enhance security for cryptocurrency projects during their pre-sale phase by providing a unique insurance model. Project owners can establish their own insurance pools on the Insurabler platform, allowing them to offer a safeguard for their project's backers. Users who participate by holding INSR tokens are granted a layer of protection against the inherent risks associated with new crypto projects, such as project failure or fraud.

On May 10th Insurabler is set for the following unlock:

  • 250,000 $INSR tokens valued at $3,505.16 will be released to the Rewards allocation group, increasing the circulating supply by 2.08%

Games For a Living - $GFAL Token Unlock

Games for a Living ($GFAL) is a Web3 gaming platform established in 2021, focusing on integrating blockchain technology into the gaming industry to offer more sustainable revenue models and enhanced gaming experiences. The GFAL token underpins its ecosystem, facilitating transactions and interactions within its games.

On May 13th Games For a Living is set for the following unlocks:

  • 124,999,500 $GFAL tokens valued at $3,245,836 will be released to the Private Sale allocation group, increasing the circulating supply by 1.25%
  • 31,250,250 $GFAL tokens valued at $811,468.66 will be released to the Marketing allocation group, increasing the circulating supply by 0.31%
  • 8,333,400 $GFAL tokens valued at $216,391.64 will be released to the Advisors allocation group, increasing the circulating supply by 0.08%
  • 11,111,000 $GFAL tokens valued at $288,517.00 will be released to the Developers allocation group, increasing the circulating supply by 0.11%
  • 25,000,500 $GFAL tokens valued at $649,182.72 will be released to the In-Game allocation group, increasing the circulating supply by 0.25%

 

Honorable Mentions:

  • Arbitrum ($ARB) unlocking 1.2% on 9.5. to “Investors” and “Team”.
  • DappRadar ($RADAR) unlocking 0.7% on 13.5. to “Community” and “Team and Shareholders”.
  • Atem Network ($ATEM) unlocking 7.6% on 11.5. to multiple vesting groups.

About Vesting and Token Unlocks

Both traditional finance and Web3 emerging projects often issue a share of tokens or stocks to their shareholders. These shareholder groups can for example be the developer team, founders, advisors, and so on.

Tokens issued for shareholder groups and other use cases are often not available immediately after launch - instead, they are locked for a specified amount of time (vesting) and released into circulation according to a predetermined schedule.

Token Unlocks refer to the moments when these vested tokens become accessible or "unlocked."

Learn how to use token unlocks in trading and investing here: Track Token Unlocks & Vesting Schedule of 200+ Cryptocurrencies with CoinBrain!

Disclaimer: The content of this piece reflects the writer's opinion. This article is not intended to provide financial advice and is meant solely for entertainment and educational purposes. Investing in cryptocurrency involves significant risk. Capital is at risk, and returns are not guaranteed. Always conduct your own research.

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