One of the largest scheduled token releases for 2Z, the native token of the DoubleZero project, is set to take place on October 2. According to current schedule data, approximately 1.65 billion 2Z will be unlocked, an amount equal to 16.55% of the token's maximum supply of 10 billion — a single event placing roughly one-sixth of the total cap into circulation.

Of the tokens slated for release, 575 million are allocated to Jump Crypto, 350 million to Malbec Labs, and 250 million to the project team. An additional 300 million will go to institutions, 100 million to contributors, 50 million to developers, and 30 million for the validator sale. The allocation spans the stakeholder groups customarily written into a token's release schedule, with the largest single share directed to Jump Crypto.

Price Movement

In line with expectations surrounding the unlock, the price of 2Z has fallen 13% over the past 24 hours. The token is currently trading at $0.05538, roughly 92% below its all-time high of $0.75, which was set in October 2025. At current prices, the scheduled release carries a notional value of just over $91 million.

Token unlocks are scheduled releases of previously locked allocations and are closely tracked by market participants because they add to a token's circulating supply. That is particularly true for releases of this scale, where newly transferable tokens go to recipients ranging from institutional backers to the core team. DoubleZero is developing a dedicated fiber-optic network designed to improve the performance and reliability of blockchain infrastructure, and the October 2 unlock marks the next scheduled checkpoint in its release calendar.

*This is not investment advice.

Source: CryptoNewsNet