3 Token Unlocks for the Third Week of March
This week’s top token unlocks include ZKJ, MANTA, and BMT, with over $34M in tokens entering circulation, impacting liquidity and market trends.
Token unlocks are crucial events in the crypto market, influencing liquidity, price volatility, and overall investor sentiment.
This week, three major projects—Polyhedra Network (ZKJ), Manta Network (MANTA), and Bubblemaps (BMT)—are scheduled to release previously restricted tokens into circulation. Here’s what to watch for.
1. Polyhedra Network (ZKJ)
- Unlock Date: March 19
- Number of Tokens to be Unlocked: 15.50 million ZKJ (1.55% of Max Supply
- Current Circulating Supply: 60.3 million ZKJ
- Total supply: 1 Billion ZKJ
Polyhedra Network is a blockchain platform focused on Web3 interoperability and scalability. Its zkBridge technology enables secure cross-chain transactions, messaging, and NFT transfers.
On March 19, 15.50 million ZKJ tokens, worth $31.38 million, will be unlocked. The allocation includes 8.47 million tokens (2.65%) for network incentives. Community, airdrop, and marketing receive 2.61 million tokens (1.74%).
Also, foundation reserves will get 3.61 million tokens (2.41%). Token purchasers from the pre-TGE round receive 800K tokens (4.00%). This unlock equals 25.7% of ZKJ’s market cap, which may increase liquidity.
Polyhedra Token Unlock. Source:
Cryptorank
2. Manta Network (MANTA)
- Unlock Date: March 18
- Number of Tokens to be Unlocked: 13.63 million MANTA (1.36% of Max Supply)
- Current Circulating Supply: 393.7 million MANTA
- Total supply: 1 Billion MANTA
Manta Network is a modular blockchain that enhances privacy and scalability with zero-knowledge (ZK) technology. MANTA tokens support transactions, governance, and ecosystem development.
On March 18, 13.63 million tokens, worth $3.34 million, will be unlocked. The distribution includes 3.37 million tokens (1.59%) for ecosystem and community. The foundation receives 1.88 million tokens (1.39%). Private round investors get 3.50 million tokens (2.70%).
Advisors receive 1.87 million tokens (2.31%). Strategic allocations get 1.67 million tokens (2.70%). Institutional investors receive 1.35 million tokens (2.70%).
This unlock may impact sentiment as 42.5% of supply remains locked.
MANTA Token Unlock:
Cryptorank
3. Bubblemaps (BMT)
- Unlock Date: Ongoing (Daily Unlocks)
- Total supply: 1 Billion BMT
- Current Circulating Supply: 256.18 million
- Number of Tokens to be Unlocked: 884.16K BMT per day (0.09% of Max Supply)
Bubblemaps is a blockchain analytics platform that completed its TGE on Binance Wallet. Its initial sale aimed for 40 million BMT tokens at $0.02 each. The sale attracted 202,990 BNB, over 13,500% more than expected.
The project is unlocking 884.16K BMT tokens daily. BMT allocation includes 184.10K tokens (0.07%) for ecosystem and community. Airdrops receive 408.48K tokens (0.18%).
Liquidity provisions get 291.58K tokens (0.24%). The staggered unlock schedule reduces sudden supply shocks, but market impact remains uncertain.
Bubblemaps (BMT) Token Unlock. Source:
Cryptorank
With over $34 million worth of new tokens entering the market this week, these unlocks could impact liquidity and trading volumes across the respective ecosystems. Investors and traders should keep an eye on distribution patterns, as they can signal short-term price trends and long-term market stability.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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