Significant Token Unlocks Coming Up: Over $295 Million in Value
11 months ago

Several significant token unlock events are on the horizon, collectively valued at an impressive $295.7 million. Here are the critical details of what token holders can expect in the upcoming days: Sui (SUI) will be unlocking approximately 64.19 million tokens on October 1 at 8:00 AM (UTC+8). This release will account for 2.40% of its current circulating supply, with an estimated market value of around $107 million, positioning it as one of the biggest unlock events. Optimism (OP) is set to unlock about 31.34 million tokens on September 30, commencing at 8:00 AM (UTC+8).

This unlock will represent 2.50% of its circulating supply and is projected to hold a value of $60 million. Immutable (IMX) will see an unlocking of approximately 32.47 million tokens on October 4 at 8:00 AM (UTC+8). This release translates to 2.02% of its circulating supply, equating to a value of around $59 million. ZetaChain (ZETA) is scheduled to unlock around 53.89 million tokens on October 1 at 8:00 AM (UTC+8).

This unlock will constitute 13.43% of its circulating supply, valued at an approximate $39 million. dYdX (DYDX) will unlock about 8.33 million tokens on October 1 at 8:00 AM (UTC+8), which represents 1.32% of its circulating supply, with an estimated market value of about $9 million. Maverick Protocol (MAV) is expected to unlock approximately 36.40 million tokens on October 1 at 8:00 AM (UTC+8), accounting for 9.56% of its circulating supply and valued at around $9 million. Cardano (ADA) will unlock about 18.53 million tokens on October 2 at 8:00 AM (UTC+8), representing a minuscule 0.05% of its circulating supply, with an estimated value of approximately $7.5 million. Galxe (GAL) is on track to unlock around 2 million tokens on October 1 at 8:00 AM (UTC+8), constituting 1.57% of its circulating supply, valued at around $4.9 million. Manta Network (MANTA) will unlock about 1.87 million tokens on October 1 at 7:59 AM (UTC+8), which equates to 0.50% of its circulating supply, with an estimated value of about $1.8 million. Finally, Liquity (LQTY) is set to unlock approximately 18.53 million tokens on October 2 at 8:00 AM (UTC+8), aligning with 0.05% of its circulating supply, projected to be valued at around $7.5 million.

These upcoming token releases could potentially impact market dynamics significantly, as investors and analysts closely monitor these events..

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