Token

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<ul class="news-points"> 
 <li><strong>Token Unlocks shared on X that about 35 million SUI tokens will be released into the market in the coming week.</strong></li> 
 <li><strong>SUI was trading hands at $0.4605 after its price slipped by more than 7% in the past day.</strong></li> 
 <li><strong>The sharp decline in the SUI’s price forced it below the 9-day and 20-day EMA lines, where it continued to trade at press time.</strong></li> 
</ul> 
<p><a href="https://coinedition.com/tag/sui-sui/" rel="noopener noreferrer nofollow">Sui (SUI)</a> has experienced a major slip in its price over the past 24 hours, and many believe it is due to the massive amounts of SUI that will be unlocked in the coming week and the rest of October. The scheduled unlock will release nearly 35 million SUI tokens into the market, with a total value exceeding $17 million, according to an X post shared by Token Unlocks.</p> 
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   <p lang="en" dir="ltr">$37.72m unlocked this week <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f5d3.png" alt="🗓" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f513.png" alt="🔓" class="wp-smiley" style="height: 1em; max-height: 1em;"><br>10 tokens have cliff unlocks this week.<a href="https://twitter.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SUI</a> 4% – $17.14m<a href="https://twitter.com/search?q=%24IMX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$IMX</a> 1.8% – $11m<a href="https://twitter.com/search?q=%24DYDX&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$DYDX</a> 1.2% – $4.44m<a href="https://twitter.com/search?q=%24NYM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$NYM</a> 2.3% – $1.41m<a href="https://twitter.com/search?q=%24HFT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$HFT</a> 1.8% – $1.13m<a href="https://twitter.com/search?q=%24LQTY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$LQTY</a> 0.7% – $0.71m<a href="https://twitter.com/search?q=%24GLMR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$GLMR</a> 0.4% – $0.70m<a href="https://twitter.com/search?q=%24TORN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$TORN</a> 11.6% – $0.56m<a href="https://twitter.com/search?q=%24GAL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$GAL</a> 0.9% – $0.54m<a href="https://twitter.com/hashtag/1INCH?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#1INCH</a> 0.03% – $79k<br>.<br>.<br>( % of… <a href="https://t.co/WlqHli0G7n" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/WlqHli0G7n</a></p>— Token Unlocks (@Token_Unlocks) <a href="https://twitter.com/Token_Unlocks/status/1708756064823550145?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 2, 2023</a> 
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</figure> 
<p>According to CoinMarketCap, SUI was trading hands at $0.4605 at press time, after its price fell by about 7.30% in the past day alone. …</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/sui-could-target-0-4140-if-token-unlocks-fuel-sell-pressure/">SUI Could Target $0.4140 If Token Unlocks Fuel Sell Pressure</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

SUI Could Target $0.4140 If Token Unlocks Fuel Sell Pressure

Coin Edition

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