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64 million SUI token unlock and its impact (positive)

SUI Unlock date - Oct 1st 2024 Number of tokens unlocked- 64.19 million SUI (2.40% of its circulating supply) Current Circulating Supply - 1.54 billion SUI Previous token unlock - Sep 1st, 2024 Sui is a first-of-its-kind…

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64 million SUI token unlock and its impact (positive)
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SUI

Unlock date - Oct 1st  2024

 

Number of tokens  unlocked-  64.19 million SUI  (2.40% of its circulating supply)

 

Current Circulating Supply - 1.54 billion SUI

 

Previous token unlock - Sep 1st, 2024

 

Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed to make digital asset ownership fast, private, secure, and accessible.

 

Token distribution

 

  • Series A: 19.84 million SUI (2.78%).
     
  • Series B: 19.32 million SUI (2.78%).
     
  • Early contributors: 10.34 million SUI (1.69%).
     
  • Stake Subsidies: 19.68 million SUI (2.07%).

                                                                                              Source - cryptorank.io

Sui has achieved $billion in Total Value Locked (TVL) in less than 2 years since Mainnet launch.

 

SUIUSD support and resistance-

 

Resistance - $2.20

 

Support- $1.25

 

 

 

 

 

 

 

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