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Showing posts with the label sui network

Sui Network to unlock $150 million of SUI tomorrow – Sell time?

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The Sui Network (SUI) will unlock nearly $150 million worth of its native token on April 1. This is part of Sui tokenomics and the monthly unlock schedule that inflates SUI’s circulating supply and dilutes investors’ holdings. Finbold has been monitoring and reporting Sui cliff unlocks according to data from Tokenomist . For example, December 1 saw Sui’s largest unlock in U.S. dollar value of 2024, unlocking $224 million worth of 64.19 million tokens. January 2025 had an even larger unlock nominal value for the same amount, valued at $274 million, as reported. February saw a lower unlock of $250 million, and an even larger drop occurred in March as the entire market collapsed – valued at $181.67 million. It is important, however, to understand that the unlocked amount in SUI tokens remains the same. Picks for you How Trump is killing XRP ...

2 cryptocurrencies to reach a $50 billion market cap in Q1 2025

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The cryptocurrency market continues to attract investors with its dynamic growth and evolving opportunities. In this context, Finbold selected two cryptocurrencies with the potential to reach a $50 billion market cap in Q1 2025. This happens despite Bitcoin (BTC) facing a slight pullback, finding strong support around the $90,000 level, a critical threshold for market sentiment.  However, the broader market reflected its unpredictable nature, with the global cryptocurrency market cap declining 1.8% over the last 24 hours to $3.43 trillion. Despite this short-term pullback, the market has shown consistent strength, building momentum across digital assets. Picks for you AI predicts Sui Network (SUI) price for 2025 2 hours ago U.S. govern...