$SUI Leads with 0.82% Token Unlock as $MEME, and Others Gear Up For Big Token Unlocks
The post $SUI Leads with 0.82% Token Unlock as $MEME, and Others Gear Up For Big Token Unlocks appeared on BitcoinEthereumNews.com.
$SUI, $MEME, and other major cryptocurrencies will be unlocked in millions of dollars worth. The cryptocurrency market is preparing for an upcoming week when most tokens will be unlocked across popular platforms. These unlocks sum up to hundreds of millions of dollars and hold significant value, demonstrating their potential to alter related tokens’ supply, demand, and market sentiment. $SUI Sets the Tone with $301.82M Unlock Leading the pack is $SUI, the token of the Sui blockchain project that will release 81.91M $SUI tokens on December 3, 2024, which will account for 0.82% of the total token supply. This unlock is worth $301.82 million and is considered the biggest among the next token unlocks. The technical features and superior performance of the Sui blockchain have attracted interest, and this release is expected to influence $SUI token circulation and volumes. $MEME Prepares for $55.94M Unlock On the same day, $MEME, one of the most popular tokens in the meme economy, will make 3.51 billion tokens available. This is 5.09% of the total token supply and currently holds a capital of 55.94 million USD. Preliminary unlock of $MEME could increase its activity within the community that supports its project, which might also affect the price. $DAR and $AI Unlocks Scheduled for December 4 The following day, December 4, will see the release of tokens for Mines of Dalarnia ($DAR) and Sleepless AI ($AI): $DAR: 9.03 million tokens (1.13% of the total token supply) equal to $ 1.92 million will be released. The release is reported to help in enhancing the gaming environment of Mines of Dalarnia. $AI: 10.62 million tokens or 1.06% of the total supply worth $7.92 million will be unlocked to fund Sleepless AI growth in the AI-based projects. $GAL to Release $4.88M Worth of Tokens December 5 will see $GAL…
Filed under: News - @ December 4, 2024 6:23 pm