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Crypto newsšā”š©
@newsc
The Sui Network (SUI) will unlock nearly $300 million worth of its native token on January 1, 2025. This is part of Sui tokenomics and monthly unlock schedule that inflates SUIās circulating supply and dilutes investorsā holdings. Finbold has been monitoring and reporting Sui cliff unlocks according toĀ dataĀ fromĀ Tokenomist. For example, December 1 sawĀ Suiās largest unlockĀ in U.S. dollar value to date due to SUIās ongoing price increase, unlocking $224 million worth of 64.19 million tokens. The phenomenon is set to repeat on 2025ās first day if SUI continues trading close to its current level. Indeed, the usual 64.19 million SUI unlock currently holds a nominal value of $274.11 million. This will artificially increase Suiās circulating supply and market capitalization by 2.19% after the token unlock.
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Amirš©ā”š Painter šļø
@amir1372
Sui network is really powerful 286 $degen
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$DEGEN Tip Bot
@degentipbot.eth
ā 286 tipped ā 0 remaining 603 / 603 (100%) ā ā ā ā ā ā ā ā ā ā
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