Bein Crypto

3 Token Unlocks to Watch in This Week

3 Token Unlocks to Watch in This Week

The crypto market will welcome tokens worth more than $636.4 million this week.

Major projects, including Sui (SUI), EigenCloud (EIGEN), and Kamino (KMNO), 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: August 1 Number of Tokens to be Unlocked: 13.72 million SUI Released Supply: 4.06 billion SUI Total supply: 10 billion SUI Sui is a high-performance blockchain designed to provide scalability, low latency, and an architecture for decentralized applications (dApps).

It also distinguishes itself with an object-centric data model and the Move programming language, which seeks to address inefficiencies in existing blockchain architectures.

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