cryptocurrency

Major Token Unlocks in Early January 2025: SUI, OP, and More

Illustration of cryptocurrency token unlocks in January 2025.

Upcoming Token Unlocks in the Cryptocurrency Market

The cryptocurrency market is gearing up for several significant token unlocks in the coming days. These events can have major implications for prices and market sentiments. Here’s a comprehensive look at the upcoming token releases, including notable cryptocurrencies and the amounts being unlocked.

Sui (SUI)

On January 1, 2025, at 8:00 AM UTC+8, Sui (SUI) will unlock approximately 64.19 million tokens, which represents 2.19% of its circulating supply. This unlock is valued at around $270 million.

Optimism (OP)

Optimism (OP) is scheduled to unlock about 31.34 million tokens on December 31, 2024, at 8:00 AM UTC+8, accounting for 2.32% of its supply, with an estimated value of $58.6 million.

Sleepless AI (AI)

Sleepless AI (AI) will release 23.21 million tokens on January 1, 2025, at 8:00 AM UTC+8, which represents 17.85% of its supply, valued at $14.6 million.

dydx (DYDX)

dydx will unlock 8.33 million tokens on January 1, 2025, at 8:00 AM UTC+8, accounting for 1.17% of its supply. This unlock will be valued at approximately $12.8 million.

Ethena (ENA)

On the same day, January 1, 2025, at 3:00 PM UTC+8, Ethena (ENA) will unlock 12.86 million tokens, representing 0.44% of its supply, valued at $12.1 million.

Maverick Protocol (MAV)

Maverick Protocol (MAV) plans to release 36.2 million tokens on January 1, 2025, at 8:00 AM UTC+8, making up 7.86% of its supply, which is valued at $7.8 million.

Eigenlayer (EIGEN)

Eigenlayer (EIGEN) will unlock 1.29 million tokens on January 1, 2025, at 3:00 AM UTC+8, representing 0.61% of its supply with a valuation of $4.4 million.

Cetus Protocol (CETUS)

Cetus Protocol (CETUS) will unlock 8.33 million tokens on January 5, 2025, at 8:00 AM UTC+8, representing 1.32% of its supply, valued at $2.7 million.

Manta Network (MANTA)

Last but not least, Manta Network (MANTA) is set to unlock 1.87 million tokens on January 1, 2025, at 7:59 AM UTC+8, accounting for 0.49% of its supply, with a valuation of $1.6 million.

Conclusion

As these token unlock events approach, it is essential for investors and traders to stay informed about their potential impacts on the market. Keeping track of these unlocks can provide insights into market trends and help in making educated investment decisions.

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