Sui clarifies Mysten Labs' role in token allocation, emphasizing transparency to reassure stakeholders that founders don't control supply despite their significant staked holdings.
MiyukiCurrently, more than 8 billion SUI have been staked, and more than 84% of the staked supply is held by the founding team.
JinseFinanceWintermute's strategic accumulation of ARB tokens ahead of the unlock indicates a potential profit-seeking move amidst market fluctuations.
SanyaIt seems ApeCoin (APE) had a recent surge in price after a bearish trend, but there's apprehension about an impending token unlock that might impact its trajectory. Despite a rebound and current trading at $1.38 with a market cap over $507 million, the release of 15.6 million tokens, valued at $22 million, raises concerns for investors. Historically, APE has seen price drops post-unlocks, adding uncertainty. Market data shows declining floor prices in Bored Ape Yacht Club (BAYC), possibly indicating similar trends for APE. While some indicators suggest a positive outlook with decreased supply on exchanges and positive money flow trends, caution prevails amid the uncertainty around the unlock's impact on APE's performance.
EdmundDespite a mixed analysis of market indicators and the potential for a bullish pattern, the impending complete token unlock stands as a crucial factor influencing INJ's trajectory. While social metrics lean towards positive sentiment, market indicators depict a cautious outlook, signaling a potential price decline or consolidation in the short term. Investors are advised to closely monitor market developments around the unlocking event for a clearer perspective on INJ's future price movement.
Xu LinThe crypto community is keenly observing the unlocking of SUI, GAL, and HFT tokens, scheduled between October 3 and October 7, due to their potential impact on market dynamics and token prices.
BrianJudge denies SBF's request for a sentencing delay, maintaining the schedule for his legal proceedings despite his defense's appeal for more preparation time.
KikyoWhile some exchanges are keen on embracing crypto and crypto products, others have indicated a more ambivalent outlook
ClementThe unlock, scheduled for mid February, will release 12% of the token’s supply.
OthersOver 25 million APE tokens will be released to launch contributors, representing nearly 8% of the circulating supply.
Coindesk