Token Unlock Weekly Report | SUI will unlock an amount of 267.12 million USD next week.

Source: Cointelegraph Original: "Token Unlock Weekly Report | SUI will unlock an amount of 267.12 million USD next week"

Next week, 8 projects will experience token unlock events. Among them, REZ will see a massive unlock, with the unlock amount accounting for 43.7% of the total. Other significant unlocks include SUI and MEME.

token

Unlocking Amount

Proportion of current circulating supply

Unlock Date

OP

31.34 million pieces

1.89%

April 30

KMNO

229.17 million

22.92%

April 30

REZ

502.6 million pieces

43.70%

April 30

IOTA

15.16 million pieces

0.41%

April 30

ZETA

44.26 million pieces

5.67%

May 1st

SUI

74 million pieces

2.28%

May 1

ENA

40.63 million pieces

0.73%

May 2nd

MEME

3.45 billion tokens

11.41%

May 3

Unlocking the core data overview next week (April 28 to May 4). Source: Gate.io

Memeland

Memeland is a Web3 project launched by the well-known internet meme platform 9GAG, aiming to build a community-centric ecosystem through NFTs and cryptocurrency tokens. The platform integrates meme culture, NFT collectibles, and the native token MEME, dedicated to providing opportunities for interaction and participation for creators and community members.

As of 6:30 PM on April 25, the price of MEME is $0.002231, with a 24-hour increase of 1.68% and a 7-day increase of 10.92%.

MEME token unlock curve. Source: Tokenmist

Sui

SUI is the native token of the Sui blockchain (developed by Mysten Labs) and plays a core role throughout the Sui network. It serves as the foundation for network operations and provides incentives and governance tools for users, developers, and validators within the ecosystem. The main uses of the token are: paying Gas fees, validator staking and rewards, governance (future planning), and pricing of network resources.

As of 6:30 PM on April 25, the price of SUI is $3.6, with a 24-hour increase of 22.28% and a 7-day increase of 72.15%.

SUI token unlock curve. Source: Tokenmist