Top 7 Token Unlocks of the Week (January 27-February 2)

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
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 today
SUI price in USD today

2. 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 today
RON price in USD today

3. 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 today
OP price in USD today

4. 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 today
ETHDYDX price in USD today

5. 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 today
PRIME price in USD today

6. 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 today
GRASS price in USD today

7. 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 today
TAI price in USD today

After 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.

Related Posts

NFT market OpenSea announces native SEA token

The OpenSea Foundation announced its SEA token for users of the popular NFT marketplace, with U.S. traders eligible and a new platform upgrade called “OS2.” OpenSea users were told to…

US border patrol continues to seize Bitcoin mining equipment: report

U.S. Customs and Border Protection is continuing its seizure of Bitcoin mining equipment at U.S. ports. The ASIC miners are reportedly being detained at U.S. ports of entry at the…

Leave a Reply

Your email address will not be published. Required fields are marked *