Impending Token Unlocks of $SOL, $IMX, $SUI, and More Set to Impact Market Dynamics

TokenUnlocks' statistics point out that many tokens are set to witness huge unlocking, likely exceeding the $5M mark.

The upcoming week will see a substantial amount of token unlocks in the crypto market. According to data from TokenUnlocks, a significant number of digital assets are set to enter circulation, which could have a notable impact on the overall market dynamics concerning the involved tokens.

Here's a closer look at the upcoming token unlocks, as reported by TokenUnlocks:

* Multiple tokens are set to witness huge unlocking, likely exceeding the $5M mark.

* Rest of the tokens will witness linear unlocks of more than $1M.

* Tokens seeing big unlocks include $MODE, $DYDX, $TAIKO, $ZETA, $IMX, and $SUI.

* Respective tokens will expectedly witness the release of above $5M in their assets during the upcoming seven days.

* Unlocks of considerable supply amounts in the market likely impact the trading volume and price of the involved tokens.

In the case of the investors, the respective events are important for monitoring. They reportedly may impact the market sentiment along with igniting short-term volatility.

Here are some of the key token unlocks, as highlighted by TokenUnlocks:

* $SUI will see the release of 64.19M tokens on September 1 with a value of 51.60M. This will cover up to 2.47% of the circulation supply.

* $IMX will witness 32.47M tokens with nearly 47.41M on the 6th of the next month.

* This will cover the circulation supply’s 2.06%.

* Following that, $ZETA is to record the release of approximately 53.89M tokens with 26.63M in amount.

* This accounts for the cumulative 15.71% of the circulation supply.

* Another such project is $TAIKO. It will reportedly see the unlocking of 12M tokens on September 5, accounting for 20.04M value.

* This amount equals 19.02% of the circulation supply.

Upcoming Unlocking for $DYDX, $MODE, and $SOL Set to Impact Market in Early September

DYDX is going to behold 8.33M amount of tokens to be released on the 1st of the next month. This amount will cover 3.67% of the total circulation supply with a value of 7.89M.

MODE’s token release will see 500M in unlocks on September 6, covering 38.46% of circulation supply equaling 6.45M.

Apart from the above mentioned token unlocks, the 1st to the 7th of September will also see big token unlocks from SOL. It will have a daily amount of 66.54K tokens and a daily value of $9.31M.

Additionally, WLD’s daily amount stands at 1.30M with a daily value of $1.94M. After that, DOT’s daily amount and daily value stand at 441.35K and $1.88M respectively.

Moreover, NEAR has a daily value and daily amount of $1.78M and 423.68K respectively the last entry in the list of huge token unlocks includes SEI with $1.24M in daily value and 4.07M in daily amount.

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