🚨 $SUI is receiving a new allocation of tokens today.
Around 13.53M $SUI with a total value of approximately $9.73M are going into circulation.
I wouldn’t panic right away.
Yes, some of these tokens may hit the market and put pressure on the price. But that’s only about 0.33% of the already issued supply.
Of those, approximately:
🔹 7.47M $SUI — Community Reserve
🔹 2.07M SUI — Mysten Labs Treasury
So for me, the main question right now isn’t “Will $SUI drop?”
But where these tokens will go after the unlock.
That’s what I’d be watching today.
Around 13.53M $SUI with a total value of approximately $9.73M are going into circulation.
I wouldn’t panic right away.
Yes, some of these tokens may hit the market and put pressure on the price. But that’s only about 0.33% of the already issued supply.
Of those, approximately:
🔹 7.47M $SUI — Community Reserve
🔹 2.07M SUI — Mysten Labs Treasury
So for me, the main question right now isn’t “Will $SUI drop?”
But where these tokens will go after the unlock.
That’s what I’d be watching today.