More than $409 million in crypto will be unlocked this week, potentially affecting the coins’ prices due to buying or selling pressure. Here are the top 7 token unlocks of the week.
Top 7 Token Unlocks This Week – Over $409 Million in Crypto
CryptoRank data
1. Sui (SUI)
On February 1, over 80 million SUI tokens will be unlocked, representing 0.8% of the total supply. The unlock amount is over $288 million, or over 2.6% of the fully diluted market cap of the token at over $35.5 billion.
So far, over 30% of the total token supply has been unlocked.
Today, SUI price is down by over 9%. After a drop to $3.5, SUI surged above $3.75, and it currently has a market cap of over $11.2 billion.
SUI price in USD today2. Ronin (RON)
Today, January 27, over 33.6 million RON tokens will be unlocked, representing over 3.3% of the total supply. The unlock amount is over $49 million or over 8.5% of the fully diluted market cap at $1.46 billion.
So far, over 56% of the total supply of the token has been unlocked, according to CryptoRank .
Today, RON is down by 7% and it currently has a market cap of over $588 million. After a drop to $1.45, RON is now trading around $1.5.
RON price in USD today3. Optimism (OP)
On January 31, over 32.2 million OP will be unlocked, or 2.36% of the total supply. The unlock amount is $43.8 million or 1.85% of the fully diluted market cap of the token at $5.8 billion.
So far, over 32% of the total supply has been unlocked.
Today, OP is down by over 12%. The coin’s price dropped to $1.34 but then rose to current levels of $1.43. OP now has a market cap of over $1.9 billion.
OP price in USD today4. dYdX (ETHDYDX)
On February 1, over 8.3 million ETHDYDX tokens will be unlocked, representing 1.85% of the total supply. The unlock amount is $8.46 million or 1.85% of the fully diluted market cap of the token ar $454 million.
So far, over 58% of the total supply has been unlocked.
ETHDYDX is down by over 8% today, and the coin has a market cap of almost $230 million.
After dropping to $1 earlier today, the coin rose to $1.07.
ETHDYDX price in USD today5. Echelon Prime (PRIME)
On January 31, almost $752,000 PRIME coins will be unlocked, representing over 0.6% of the total supply. The unlock amount is over $6.5 million or over 1.4% of the fully diluted market cap of the token at $957 million.
So far, over 40% of the total PRIME supply has been unlocked.
Today, PRIME is down by around 7% and the coin has a current market cap of over $333 million. After dropping to $8.5 earlier today, now PRIME is trading above $9.3.
PRIME price in USD today6. Grass (GRASS)
Tomorrow, January 28, over 3.7 million GRASS tokens will be unlocked, representing 0.37% of the total supply.
The unlock amount is over $6.4 million or over 1.5% of the fully diluted market cap of the token at $1.72 billion.
So far, over 25% of GRASS supply has been unlocked.
Today, the price of GRASS is down by over 9% and the coin has a market cap of over $456 million. After dropping to $1.68, the coin’s price surged above $1.8.
GRASS price in USD today7. Tars AI (TAI)
On February 2, over 36 million TAI will be unlocked, or about 3% of the total supply. The unlock amount will be $6.4 million or 4.52% of the fully diluted market cap of the token at $214 million.
So far, 27.5% of the total token supply has been unlocked.
TAI is down by over 13% today.
TAI price in USD todayAfter dipping to around $0.22, TAI surged above $0.24, having a market cap of over $167 million at the moment of writing this article.
