Key token unlocks this week include SUI worth $9.78 million

This week's token unlocking event: SUI unlocked a value of US$9.78 million

According to Tokenomist's data, seven different cryptocurrency projects will welcome token unlocking events during the week from July 27 to August 3, with the total value of unlocked digital assets exceeding US$38 million. Among them, the largest single unlock by value comes from SUI, which will release 13.72 million tokens on August 1, worth approximately US$9.78 million.

Token unlocking schedule for this week

Token unlocking events are distributed during this week, and each unlocking accounts for a different proportion of the project's circulating supply. The following is a detailed timetable based on Tokenomist data:

SIGN: 401 million tokens (US$3.31 million), accounting for 15.71% of the circulating supply, unlocking time: July 28, 10:00 UTC

FF: 102 million tokens (US$6.15 million), accounting for 3.53% of the circulating supply, unlocking time: July 29, 13:00 UTC

Cards: 28.84 million tokens (US$3.44 million), accounting for 5.76% of the circulation supply, unlocking time: July 29, 19:00 UTC

KMNO: 229 million tokens (US$4.12 million), accounting for 2.97% of the circulation supply, unlocking time: July 30, 12:00 UTC

SUI: 13.72 million tokens (US$9.78 million), accounting for 0.34% of the circulation supply, unlocking time: August 1 00:00 UTC

EIGEN: 36.82 million tokens (US$7.63 million), accounting for 5.79% of the circulating supply, unlocking time: August 1 04:00 UTC

ENA: 40.63 million tokens (US$3.66 million), accounting for 0.47% of the circulating supply, unlocking time: August 2 07:00 UTC

Market impact of token unlocking

Traders and investors pay close attention to token unlocking events because unlocking may increase the circulation supply of tokens and may create downward price pressure if newly unlocked tokens are sold off. The impact usually depends on the ratio of unlocks to total supply and the liquidity of the token market.

Although the unlocking of SUI only accounts for 0.34% of its circulating supply, its high dollar value makes it the most significant event in market value. In contrast, SIGN has the largest unlocked percentage, accounting for 15.71% of its circulating supply, which may lead to higher volatility for the token.

What should investors pay attention to

Market participants usually pay attention to several factors during the unlock period: whether large players or project teams sell their tokens, overall market sentiment, and the liquidity to absorb new supplies. Projects with solid fundamentals and ecologically active may face less selling pressure than projects with weak community support.

It is also worth noting that some token unlocks are arranged based on the project's token economy model, with tokens gradually released to team members, investors, or community coffers. These events are usually planned months or years in advance and do not necessarily signal immediate market volatility.

Conclusion

The upcoming token unlocking event presents a complex situation for the cryptocurrency market: SUI leads in the value of the US dollar, while SIGN leads in the share of circulation supply. Although such events may bring short-term trading opportunities, they also carry inherent risks of increased volatility. Investors are advised to evaluate the fundamentals and market conditions of each project before making a decision based solely on the unlocking schedule.

Frequently Asked Questions

Question 1: What is token unlocking?

A: Token unblocking is an event where previously locked or restricted tokens are scheduled to be traded or transferred. These events are often part of a project's token economy plan, designed to gradually release tokens to team members, investors, or the community.

Q2: Does token unlocking always cause prices to fall? [TAG

A: Not necessarily. Although increased supply may create selling pressure, the actual price impact depends on factors such as market demand, the proportion of unlocked tokens, and whether holders choose to sell. If the market has expected and digested the unlocking event, price fluctuations for some items may be small.

Q3: How to track upcoming token unlocks?

Answer: Token unlocking calendars are available on multiple platforms, including Tokenomist, CoinMarketCal, and project-specific panels. Investors can also check the official documents of the project to understand its token release schedule.