- $SUI to release $63.44M tokens, impacting 2.47% of total supply.
- $ZETA leads in unlock percentage with 15.71%, releasing $30.48M worth.
- $OP set for $48.58M token unlock, 2.64% of its supply.
- Other notable unlocks include $YGG, $AGIX, and $DYDX.
Crypto Token Unlocks to Watch This Week
In the world of cryptocurrencies, token unlocks can signal significant market movements. This week, several major projects are set to release a substantial amount of tokens, with potential implications for investors.
Top Unlocks: $SUI, $ZETA, and $OP
The most anticipated unlock this week is $SUI, set for September 1, releasing tokens worth approximately $63.44 million. This represents 2.47% of the total supply, making it one of the largest unlocks in terms of value. Given $SUI’s prominence, this could be a pivotal moment for the token’s market activity.
$ZETA is also on the radar, with a significant unlock of $30.48 million, which is a striking 15.71% of its total supply. This large percentage could lead to heightened volatility, making it a crucial watch for traders.
Meanwhile, $OP is set to unlock $48.58 million worth of tokens on August 31, accounting for 2.64% of its supply. As one of the prominent Layer 2 solutions, any substantial unlock could influence its price dynamics.
Additional Notable Unlocks
Other projects also have key unlocks, albeit with smaller percentages. $YGG (Yield Guild Games) will unlock $6.56 million, or 3.70% of its supply, on August 27. This gaming-related token might see increased market activity post-unlock.
$AGIX and $DYDX are also on the list, with unlocks of $4.89 million (1.58%) and $39.33 million (3.76%) respectively. These tokens, associated with artificial intelligence and decentralized trading platforms, could experience shifts in liquidity and price after their scheduled unlocks.
Lastly, $TORN, $PRIME, and $MANTA are also unlocking smaller amounts relative to their supply, but still significant enough to monitor. $TORN will unlock a massive $215.42 million worth of tokens on August 29, accounting for 2.41% of its supply.
SOURCE: sosovalue
