🚨 SUI Token Unlock Alert! 🚨
Sui Network is bracing for a major test of market stability as $653M worth of crypto tokens are set to unlock this week — with SUI alone releasing $119.13M (about 43.96M tokens 🔓💰).
This event represents 1.21% of the total SUI supply, following a hybrid unlock model (part cliff, part gradual release). ⚖️ The concern? A sudden influx of tokens could trigger selling pressure and volatility across the market 📉💥
Still, if market demand stays strong 💪 and investors remain confident in Sui’s expanding DeFi and gaming ecosystem 🎮🔗, the impact could be softer than expected.
SUI
1.1224
-6.94%