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    Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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  • 2 minutes read

$484M in Token Unlocks This Week: SUI, SOL, ENA, DOGE, TRUMP To Dip?

Story Highlights
  • Over $484M in token unlocks expected from June 30–July 7, nearly double last week, led by SUI, ENA, KNMO, and NEON.

  • Smaller tokens face higher volatility as high unlock percentages hit supply; SOL, DOGE, WLD, and AVAX continue daily releases.

Over the next week (June 30 and July 7), the crypto market will see over $484 million in token unlocks, nearly double the amount from the previous week. This could lead to increased volatility, especially across lower-cap tokens.

The big one-time unlocks include SUI, ENA, OP, KNMO, ZETA, and NEON, with each releasing over $5 million in tokens. Meanwhile, daily unlocks of over $1 million from major projects like SOL, WLD, DOGE, TRUMP, AVAX, ETHFI, and more could put selling pressure on the market.

Big One-Time Unlocks to Watch

SUI will release tokens worth $125.39 million, the largest among all, which is just 1.29% of its supply. ENA and KNMO will unlock $58.12 million and $14.01 million, respectively. KNMO’s release makes up a significant 10.41% of its unlock supply.

NEON has the highest unlock percentage, releasing 22.51% of its total supply, though its dollar value is lower at $5.52 million. Other tokens like OP and ZETA will also see over $5 million in new supply entering circulation.

In the daily unlocks, SOL is releasing the most, about $70 million in value. But since it is just 0.09% of its total supply, the impact may be limited.

WLD, TRUMP, and TAO are also unlocking large amounts worth $34M, $31M, and $17M in value, which could affect their prices more noticeably. Other daily unlocks include DOGE ($16M), TIA ($10.4M), AVAX ($12.9M), and SUI ($9.5M).

Smaller Tokens Face Bigger Risk

Meanwhile, smaller tokens like MORPHO, ETHFI, and SEI are unlocking around 2% of their total supply. Since these are bigger percentages and the tokens are smaller in size, the unlocks could have a stronger effect on their prices.

Last week, over $250 million in token unlocks hit the market. Big one-time unlocks came from BLAST (55% of its supply), ACX (80%), and SOON (21%), which were all large enough to risk price drops.

There were also steady daily unlocks from major tokens like SOL, WLD, TIA, DOGE, and AVAX, many of which continue into this week. Token unlocks are much bigger this week. And with more high-percentage unlocks in smaller-cap tokens, we could see more price swings ahead.

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FAQs

What are token unlocks, and why do they matter for crypto prices and volatility?

Token unlocks refer to the scheduled release of cryptocurrencies previously held in lock-up periods, often allocated to teams, early investors, or for ecosystem development. They matter because releasing a large supply of tokens can increase selling pressure, impacting prices and causing volatility, especially if demand doesn’t absorb the new supply.

Could large unlock events lead to sudden price drops in specific tokens I hold?

Yes, large unlock events, particularly those where a significant percentage of a token’s circulating supply is released (e.g., over 1%), can lead to sudden price drops. Early investors or team members who acquired tokens at lower prices may sell, increasing supply and creating downward pressure.

How do these unlocks compare to previous weeks’ market impacts and trends?

This week’s projected token unlocks of over $484 million are nearly double the amount from the previous week. This, combined with a higher percentage of unlocks in smaller-cap tokens, suggests a greater potential for price swings and increased volatility compared to recent weeks.

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