🚨 252M TOKENS UNLOCK TOMORROW MORNING, MORE THAN DOUBLING THE FLOAT
Momentum's $MMT unlock lands Nov 4 at 08:00 Beijing time: about 252 million tokens, roughly $32 million at recent prices (Token Unlocks schedule, repeated by PANews and KuCoin).
📊 THE NUMBERS THAT MATTER
252M new tokens
204M current circulating supply (Tokenomist)
252M / 204M = about 124% of today's float
This is not a routine drip. If the full tranche hits at once, circulating supply more than doubles overnight. The 294% figure flying around uses an older, smaller supply base, so do not quote it without the denominator.
⚠️ BUT ONE CAVEAT BEFORE THE PANIC
One tracker (RootData) counts only a roughly 17.7M tranche (about $2.5M) for Nov 4, timed at 10:00 instead of 08:00. That is a different bucket or a different schedule, and it means the headline number is a schedule, not a settled fact. An unlock also does not automatically mean a sell: tranches do not all hit the market on day one.
My take: this is bigger than one token's supply shock. Momentum is a Sui ecosystem DEX token, and a float that more than doubles is a liquidity test for that corner of Sui DeFi, especially with BTC at $76,822 (down 1.85% in 24h) and fear and greed down to 26 from 37. A weak tape plus a supply event is the combination that actually moves prices.
🟢 Bullish case: holders absorb the tranche, volume spikes without a breakdown, and the unlock becomes a non-event by Nov 5.
🔴 Bearish case: early sellers move first into thin books, and MMT sets the tone for other Sui ecosystem tokens instead of just itself.
What to watch: actual on-chain movement around 08:00 Nov 4, MMT price versus Sui ecosystem peers, and whether volume spikes or just drifts.
Does a supply shock this big get priced in before it lands, or does the real move come after the unlock? 👇
Not financial advice. DYOR.
#TokenUnlocks #crypto
Momentum's $MMT unlock lands Nov 4 at 08:00 Beijing time: about 252 million tokens, roughly $32 million at recent prices (Token Unlocks schedule, repeated by PANews and KuCoin).
📊 THE NUMBERS THAT MATTER
252M new tokens
204M current circulating supply (Tokenomist)
252M / 204M = about 124% of today's float
This is not a routine drip. If the full tranche hits at once, circulating supply more than doubles overnight. The 294% figure flying around uses an older, smaller supply base, so do not quote it without the denominator.
⚠️ BUT ONE CAVEAT BEFORE THE PANIC
One tracker (RootData) counts only a roughly 17.7M tranche (about $2.5M) for Nov 4, timed at 10:00 instead of 08:00. That is a different bucket or a different schedule, and it means the headline number is a schedule, not a settled fact. An unlock also does not automatically mean a sell: tranches do not all hit the market on day one.
My take: this is bigger than one token's supply shock. Momentum is a Sui ecosystem DEX token, and a float that more than doubles is a liquidity test for that corner of Sui DeFi, especially with BTC at $76,822 (down 1.85% in 24h) and fear and greed down to 26 from 37. A weak tape plus a supply event is the combination that actually moves prices.
🟢 Bullish case: holders absorb the tranche, volume spikes without a breakdown, and the unlock becomes a non-event by Nov 5.
🔴 Bearish case: early sellers move first into thin books, and MMT sets the tone for other Sui ecosystem tokens instead of just itself.
What to watch: actual on-chain movement around 08:00 Nov 4, MMT price versus Sui ecosystem peers, and whether volume spikes or just drifts.
Does a supply shock this big get priced in before it lands, or does the real move come after the unlock? 👇
Not financial advice. DYOR.
#TokenUnlocks #crypto
