LayerZero, Lombard, River and Other Altcoins Set for Large Token Unlocks Next Week

Multiple altcoins including LayerZero (ZRO), Lombard (BARD), River (RIVER), Arbitrum (ARB), YZY (YZY), KAITO (KAITO) and SPACE ID (ID) are scheduled to release sizable token tranches next week, Token Unlocks data cited by PANews show on March 15. LayerZero will unlock about 26 million ZRO on March 20 at 7:00 PM Beijing time, equal to roughly 12.69% of its current circulating supply and valued near $51.8 million, while Lombard is due to release about 30 million BARD on March 18 at 8:00 AM, or around 13.33% of supply worth about $32.3 million, and River plans to free up about 1.1 million RIVER on March 22 at 8:00 AM, around 5.67% of supply and valued at about $26.7 million. Arbitrum will unlock roughly 93 million ARB on March 16 at 9:00 PM Beijing time, equal to about 1.56% of circulating tokens and valued at around $9.4 million, while YZY will release about 21 million YZY on March 19 at 11:00 AM (16.03% of supply, about $6.8 million), KAITO will unlock around 18 million KAITO on March 20 at 8:00 PM (7.29% of supply, about $6.3 million), and SPACE ID will free about 73 million ID on March 22 at 8:00 AM (16.88% of supply, around $3 million).