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Cryptocurrency News Articles

SUI and ENA Token Unlocks Worth $1.5 Million Will Kick Off on April 1, 2025

Mar 31, 2025 at 04:32 pm

In the next 7 days, the cryptocurrency market is bracing for a significant wave of token unlocks, with a total value exceeding $642 million

SUI and ENA Token Unlocks Worth $1.5 Million Will Kick Off on April 1, 2025

The cryptocurrency market is set for a wave of token unlocks in April 2025, with dozens of unlocks set to bring approximately $1.5 billion worth of tokens into circulation, according to Tokenomist. The first week of April will see over $642 million unlocked from major players like SUI, ENA, dYdX, and more.

In the next seven days, the cryptocurrency market is bracing for a significant wave of token unlocks, with a total value exceeding $642 million, according to Tokenomist. This event involves both cliff and linear unlocks for several prominent tokens, potentially impacting market dynamics due to increased circulating supply.

Prominent Token Unlocks in the First Week of April 2025

Among the cliff unlocks, SUI will see the largest contribution with 64.19 million tokens, valued at $149.83 million (2.14% of circulating supply).

Other notable unlocks include:

Tokens like BIGTIME, ZETA, KAS, NEON, and DYDX will also see unlocks, with values ranging from $6.79 million to $44.26 million.

On the linear unlock front, SOL will undergo the most significant daily contribution with $58.80 million (0.09% of circulating supply), followed by WLD at $29.22 million (3.06%), TIA at $22.69 million (1.20%), and DOGE at $15.84 million (0.09%).

Additionally, tokens like OM, TAO, AVAX, and NEAR will see daily unlocks exceeding $1 million.

Significant Impact on Market

These unlocks could have a significant impact on the cryptocurrency market, especially if they introduce significant selling pressure. A sudden increase in circulating supply can lead to price dilution when demand fails to match the new token influx.

For instance, tokens like W, with 46.27% of its circulating supply unlocking ($116.12 million), and TIA, with 1.20% daily unlocks ($22.69 million), are particularly vulnerable to pronounced price volatility. Such high percentages can overwhelm market absorption, potentially driving prices down as early holders or investors sell off their newly released tokens.

Also, such a significant increase in circulating supply can impact price movements, as it requires more capital to drive the price upward. Consequently, there is a high likelihood of token price volatility leading up to the unlock event.

Conversely, tokens like SOL, with a modest 0.09% daily unlock ($58.80 million), and DOGE, also at 0.09% ($15.84 million), are likely to experience milder effects due to their higher liquidity and larger market caps. These projects benefit from broader adoption and stronger demand, which can better absorb the additional supply.

Investors should stay vigilant, monitoring official announcements and market sentiment, as these unlocks could reshape price trends and overall market stability in the coming week.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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