Are you following the movement of the Sui digital coin and getting ready for upcoming developments in the crypto market?
Here are the details of the most notable event expected on the first of October for coin $SUI , where current data indicates that the total supply is ten billion units, while the circulating supply in the market reaches four and one-tenth of ten billion units.
On the first of next October, a new allocation equivalent to thirteen million two hundred sixty-two thousand units of the coin will be unlocked. This amount is valued at around sixteen million eight hundred forty thousand US dollars, and this release represents about twenty-three percent of the total circulating supply currently.
As for how these unlocked coins will be distributed, the largest share—estimated at seven million one hundred ninety thousand units—will go to the early contributors, while the community reserve will receive four million units, and Mesteen Labs will get two million seven thousand units.
The Sui network is one of the high-performance Layer 1 networks, and it relies on the Move programming language to develop decentralized applications characterized by security and high efficiency.
• How will this new unlocked amount affect price movement in the market over the coming days? Share your analysis and expectations in the comments.
Here are the details of the most notable event expected on the first of October for coin $SUI , where current data indicates that the total supply is ten billion units, while the circulating supply in the market reaches four and one-tenth of ten billion units.
On the first of next October, a new allocation equivalent to thirteen million two hundred sixty-two thousand units of the coin will be unlocked. This amount is valued at around sixteen million eight hundred forty thousand US dollars, and this release represents about twenty-three percent of the total circulating supply currently.
As for how these unlocked coins will be distributed, the largest share—estimated at seven million one hundred ninety thousand units—will go to the early contributors, while the community reserve will receive four million units, and Mesteen Labs will get two million seven thousand units.
The Sui network is one of the high-performance Layer 1 networks, and it relies on the Move programming language to develop decentralized applications characterized by security and high efficiency.
• How will this new unlocked amount affect price movement in the market over the coming days? Share your analysis and expectations in the comments.
