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Top 7 Token Unlocks of the Week (December 30 – January 5)

Top 7 Token Unlocks of the Week (December 30 – January 5)

CyrptoRoCyrptoRo2024/12/30 14:44
By:Rada Mateescu

Over $447 million in crypto will be unlocked this week, potentially creating volatility on the market

Important token unlocks this week totaling over $447 million in crypto could create buying or selling pressure for the tokens. Here are the top 7 token unlocks this week.

Top 7 Token Unlocks This Week – Over $447 Million in Crypto

Top 7 Token Unlocks of the Week (December 30 – January 5) image 0 CryptoRank via X

1. Sui (SUI)

On January 1st, almost 82 million SUI tokens will be unlocked, representing 0.82% of the total token supply. The unlock amount will be $336.5 million, or 2.8% of the fully diluted market cap of SUI at over $41 billion.

So far, over 29% of the total token supply has been already unlocked, according to data from CryptoRank.

Today, SUI is down by 3% and the coin is trading at $4.1, having a market cap of $12 billion.

SUI price in USD today

2. Optimism (OP)

Tomorrow, December 31, over 32.2 million OP tokens will be unlocked, representing 0.75% of the total token supply. The unlock amount will be $58.46 million or almost 2.4% of the fully diluted market cap of the token which is a little over $7.8 billion.

Over 31% of OP’s total supply has been unlocked so far.

OP is up by 0.5% today, and the coin is trading above $1.8, having a market cap of $2.53 billion.

OP price in USD today

3. dYdX (ETHDYDX)

On January 1st, 8.33 million ETHDYDX tokens will be unlocked, or 1.85% of the total supply. The unlock amount will be $12.55 million, representing 1.85% of the fully diluted market cap of the coin of $676 million.

So far, 57.4% of the total supply has been unlocked.

Today, the coin’s price is down by almost 1.5%, and it’s trading at $1.53, with a market cap of over $330 million.

ETHDYDX price in USD today

4. Maverick Protocol (MAV)

On January 1st, over 49.6 million MAV coins will be unlocked, almost 2.5% of the total supply. The unlock amount is over $10.4 million or almost 11% of the $420 million fully diluted market cap.

So far, more than 23% of the MAV coins have been unlocked.

Today, MAV recorded intense volatility and the coin is down by over 1%. MAV is trading at $0.2 and it has a market cap of over $97 million.

MAV price in USD today

5. Sleepless AI (AI)

On January 4, more than 17 million AI tokens will be unlocked, representing 1.72% of the total supply. The unlock amount is $10.4 million, or 13.3% of the fully diluted market cap of AI which is over $600 million.

So far, 25.7% of the total AI supply has been unlocked, CryptoRank data shows.

AI is down by over 5% today, and the coin is trading at $0.6, having a market cap of over $149 million.

AI price in USD today

6. Tars AI (TAI)

On January 2nd, over 26.7 million TAI will be unlocked, or almost 3% of the total supply. The unlock amount is over $9.7 million, representing more than 4.5% of the $326 million fully diluted market cap.

So far, almost 25% of the total TAI supply has been unlocked.

Today, TAI is down by over 3%, and it’s trading above $0.37 with a market cap of $260 million.

TAI price in USD today

7. Echelon Prime (PRIME)

Tomorrow, December 31, almost 752,000 PRIME tokens will be unlocked, or 0.68% of the total token supply. The unlock amount will be a little over $9 million or over 1.4% of the fully diluted market cap of the token at $1.33 billion.

So far, 39.5% of the total token supply has been unlocked.

PRIME is up by over 5% today, trading close to $13, with a market cap of over $458 million.

PRIME price in USD today

All these token unlocks are important events, as they can create selling or buying pressure for the tokens, triggering more or less market volatility.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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