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Crypto Token Unlocks: $420M Worth of SUI, OP, ZETA Incoming


by Parth Dubey
for CoinEdition

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$420M Worth of Altcoins to Flood the Market Next Week What to Expect
  • A massive $267.7 million worth of SUI tokens will hit the market on January 1st.
  • $32.21 million worth of ZETA will also be unlocked on the same day.
  • A total of $420 million in altcoins will be released into the market this week.

The crypto market is bracing for a significant influx of tokens this week; $420 million to be exact, that includes Sui Network (SUI), Optimism (OP), ZetaChain (ZETA), Sleepless AI (AI), dYdX (DYDX), and Ethena (ENA) as token unlocks between Monday and Thursday. Meanwhile, Bitcoin (BTC) is struggling to break through the $100,000 mark.

According to data from Tokenomist, 64.19 million SUI (2.19% of the circulating supply) worth $267.7 million will hit the market on January 1st. This will be followed by 53.89 million ZETA (9.35% of the circulating supply) worth $32.21 million on the same day.

In addition, 31.34 million OP (2.32% of the circulating supply) worth $58.61 million will unlock on December 31st, along with $4.18 million worth of Galxe (GAL) tokens. Also on January 1st, 23.21 million AI tokens (17.85% of circulating supply) worth $14.72 million will be released, along with 8.33 million DYDX tokens (17.85% of the circulati…

The post Crypto Token Unlocks: $420M Worth of SUI, OP, ZETA Incoming appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 69.28K

-2.12%

$ 0.0108

-3.69%

$ 0.00...361

$ 0.000269

$ 0.000207


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In This News

Coins

$ 69.28K

-2.12%

$ 0.0108

-3.69%

$ 0.00...361

$ 0.000269

$ 0.000207


Share:

Read More

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Crypto Token Unlocks: $420M Worth of SUI, OP, ZETA Incoming


by Parth Dubey
for CoinEdition

Share:

$420M Worth of Altcoins to Flood the Market Next Week What to Expect
  • A massive $267.7 million worth of SUI tokens will hit the market on January 1st.
  • $32.21 million worth of ZETA will also be unlocked on the same day.
  • A total of $420 million in altcoins will be released into the market this week.

The crypto market is bracing for a significant influx of tokens this week; $420 million to be exact, that includes Sui Network (SUI), Optimism (OP), ZetaChain (ZETA), Sleepless AI (AI), dYdX (DYDX), and Ethena (ENA) as token unlocks between Monday and Thursday. Meanwhile, Bitcoin (BTC) is struggling to break through the $100,000 mark.

According to data from Tokenomist, 64.19 million SUI (2.19% of the circulating supply) worth $267.7 million will hit the market on January 1st. This will be followed by 53.89 million ZETA (9.35% of the circulating supply) worth $32.21 million on the same day.

In addition, 31.34 million OP (2.32% of the circulating supply) worth $58.61 million will unlock on December 31st, along with $4.18 million worth of Galxe (GAL) tokens. Also on January 1st, 23.21 million AI tokens (17.85% of circulating supply) worth $14.72 million will be released, along with 8.33 million DYDX tokens (17.85% of the circulati…

The post Crypto Token Unlocks: $420M Worth of SUI, OP, ZETA Incoming appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 69.28K

-2.12%

$ 0.0108

-3.69%

$ 0.00...361

$ 0.000269

$ 0.000207


Share:

In This News

Coins

$ 69.28K

-2.12%

$ 0.0108

-3.69%

$ 0.00...361

$ 0.000269

$ 0.000207


Share:

Read More

Ripple Boosts Institutional Custody Capabilities as XRP Extends a 32% Slide

Ripple Boosts Institutional Custody Capabilities as XRP Extends a 32% Slide

In Brief Ripple partnered with Figment and Securosys to enhance custody, staking, an...
Bitcoin’s U.S. demand signal flickers back after crash

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A rebound in the Coinbase Bitcoin Premium Index suggests U.S. buyers stepped in near ...