3 Major Token Unlocks to Watch This Week [Yahoo! Finance]
Watsco, Inc. Class B (WSO.B)
Company Research
Source: Yahoo! Finance
Major projects, including Sui (SUI), Sign (SIGN), and Jupiter (JUP), will release significant new token supplies. These unlocks could introduce market volatility and influence short-term price movements. So, here's a breakdown of what to watch. 1. Sui (SUI) Unlock Date: May 1 Number of Tokens to be Unlocked: 42.62 million SUI Released Supply: 3.96 billion SUI Total Supply: 10 billion SUI Sui is a high-performance Layer-1 blockchain. It utilizes the Move programming language to enable scalable, secure, and efficient decentralized applications (dApps). Moreover, the network focuses on parallel execution for high throughput, making it suitable for gaming, decentralized finance (DeFi), and Web3 ecosystems. On May 1, Sui will unlock 42.62 million altcoins as part of its monthly schedule. This stack represents 1.08% of the released supply. Furthermore, it is worth approximately $40.39 million. SUI Token Unlock in May. Source: Tokenomist Of the unlocked supply, 19.32 mi
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