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With the arrival of next week, the cryptocurrency market will迎来 a wave of important token unlocks. Tokens from several well-known projects will be unlocked, which could have a significant impact on the market.
The SUI token will release approximately 44 million tokens on August 1, accounting for 1.27% of the current circulation, with an estimated value of nearly $188 million. Following that is ENA, which plans to unlock about 40.63 million tokens on August 2, equivalent to 0.64% of the existing circulation, worth approximately $25 million.
The OP token will also participate in this round of unlocking, with approximately 31.34 million tokens expected to be released on July 31, accounting for 1.79% of the circulation, valued at 22.8 million USD. KMNO, on the other hand, will unlock about 229 million tokens on July 30, which accounts for 9.53% of its circulation, with an estimated value of 13.8 million USD.
In addition, approximately 53.47 million JUP tokens will be unlocked on July 28, accounting for 1.78% of the circulating supply, worth about 31.7 million USD. On the same day, SIGN will release approximately 150 million tokens, accounting for 12.5% of the circulating supply, worth 11.7 million USD.
GPS and ZETA will also join this wave of unlocking. GPS plans to unlock approximately 542 million tokens on August 1, accounting for 20.42% of the circulating supply, valued at 11.6 million USD. ZETA will release about 44.26 million tokens on the same day, accounting for 4.78% of the circulating supply, with an estimated value of 9.9 million USD.
The large-scale token unlock this time may have a significant impact on the token prices and market liquidity of various projects. Investors and market participants should closely monitor these events and assess the potential short-term and long-term effects.