Token

Echelon Prime

Galxe

<p>As we’re about to kick off Q4 of the year, here are some important crypto token unlocks to watch this week.</p> 
<h2 id="top-7-crypto-token-unlocks-of-the-week">Top 7 Crypto Token Unlocks of the Week</h2> 
<h3 id="1-sui-sui">1. Sui (SUI)</h3> 
<p>On October 3, 83.88 million SUI tokens (0.84%) worth over $146 million will be unlocked, according to official data from Crypto Rank. The amount represents 3.13% of the fully diluted market cap of the token at $17.36 billion.</p> 
<p>So far, 26.8% of the total supply of the token has been unlocked.</p> 
<p>On X, in a message on September 29, Sui<a href="https://x.com/SuiNetwork/status/1840471482495095257" rel="nofollow" target="_blank"> announced</a> that it had achieved $1 trillion in TVL in less than two years since the Mainnet launch, all thanks to the Sui community, projects, products, and builders.</p> 
<h3 id="2-optimism-op">2. Optimism (OP)</h3> 
<p>Today, September 30, Optimism will unlock 32.21 million tokens (0.75% of the total tokens) worth over $59 million. The amount represents 2.55% of the $7.84 fully diluted market cap. So far, 29.1% of the total supply of OP has been unlocked, according to data from Crypto Rank.</p> 
<p>A few days ago, on September 26, Optimism <a href="https://x.com/Optimism/status/1839334570027864346" rel="nofollow" target="_blank">announced</a> via X that users would be able to benefit from Superchain Interop which kills network switching. Users can buy NFTs or tokens using funds from any interoperable Superchain L2.</p> 
<h3 id="3-immutable-imx">3. Immutable (IMX)</h3> 
<p>Another token unlock worth watching this week comes from Immutable. On October 4, 32.47 million IMX tokens, representing 1.62% of the total tokens, will be unlocked. The unlock amount is over $55 million, representing 2% of the $3.42 billion fully diluted market cap.</p> 
<p>So far, almost 81% of the total supply of the IMX tokens has been unlocked, official data notes.</p> 
<p><a href="https://x.com/Immutable" rel="nofollow" target="_blank">Immutable</a> is an important platform for building Web3 games on Ethereum.</p> 
<h3 id="4-dydx-ethdydx">4. dYdX (ETHDYDX)</h3> 
<p>On September 1, dYdX will unlock 11.14 million tokens worth over $12 million, representing almost 2.8% of the total tokens. The percentage of market cap about to be unlocked is 4.9% of the total diluted market cap ($1.08 billion).</p> 
<p>So, far, according to Crypto Rank, 53.8% of the total token supply has been unlocked.</p> 
<p>The DeFi trading platform dYdX just <a href="https://x.com/dYdX/status/1840708248627712019" rel="nofollow" target="_blank">announced</a> via a post on X that they introduced Isolated margin on their platform – allowing users to manage risk with precision, and limiting potential losses to only what they have allocated.</p> 
<h3 id="5-worldcoin-wld">5. Worldcoin (WLD)</h3> 
<p>Today, another token unlock makes it into the spotlight. Worldcoin will unlock over 5 million WLD tokens, representing 0.05% of the total tokens. The unlock amount is $9.9%, more than 1% of the fully diluted market cap which stands at almost $19.7 billion.</p> 
<p>Until now, 20.1% of the total token supply has been unlocked.</p> 
<p>Worldcoin is empowering people with World ID, an anonymous digital passport that proves users’ humanness online in the age of AI.</p> 
<p>The team behind the project recently <a href="https://x.com/worldcoin/status/1839612200794677676" rel="nofollow" target="_blank">highlighted</a> the importance of distinguishing between humans and bots, while staying anonymous at the same time.</p> 
<p>The project’s privacy pillars include the following:</p> 
<ul> 
 <li>Security</li> 
 <li>Anonymity</li> 
 <li>Transparency</li> 
 <li>Choice and Control</li> 
</ul> 
<h3 id="6-echelon-prime-prime">6. Echelon Prime (PRIME)</h3> 
<p>Today, Echelon Prim is about to unlock almost 752,000 PRIME tokens, representing 0.68% of the total token amount. The unlock amount is $7.71 million, which translates into 1.57% of the total fully diluted market cap of $1.13 billion.</p> 
<p>By now, Echelon Prime has unlocked 37.4% tokens of the total token supply, according to data from Crypto Rank.</p> 
<p><a href="https://x.com/EchelonFND" rel="nofollow" target="_blank">Echelon Prime</a> is a gaming ecosystem powering Parallel (a Sci-Fi world and card game) and others with the PRIME token.</p> 
<h3 id="7-galxe-gal">7. Galxe (GAL)</h3> 
<p>Galxe is set to unlock 3 million GAL tokens, on October 5, representing 1.5% of the total supply. The unlock amount translates into $6.96 million, which represents 2.35% of the total fully diluted market cap of $462 million.</p> 
<p>It’s also worth noting that, according to Crypto Rank data, so far, 63.9% of the total token supply has been unlocked.</p> 
<p>On September 27, Galxe shared a<a href="https://x.com/GravityChain/status/1839659759890259975" rel="nofollow" target="_blank"> post</a> on X by Gravity, reminding users that the great migration is still in motion. Users can<a href="https://app.galxe.com/gal-token-migration?utm_source=x&amp;utm_medium=social&amp;utm_campaign=gal-token-migration" rel="nofollow noopener" target="_blank"> migrate</a> their GAL tokens to G.</p> 
<p>Gravity is an L1 blockchain created by Galxe and designed for Web3 mass adoption and an omnichain future.</p> 
<figure id="attachment_51199" aria-describedby="caption-attachment-51199" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/09/photo_6041708406722643560_w.jpg"><img decoding="async" class="wp-image-51199 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/09/photo_6041708406722643560_w.jpg" alt="Crypto Rank - Top Token Unlocks" width="2560" height="1604" title="Top 7 Crypto Token Unlocks of the Week: September 30 - October 6 7" srcset="https://crypto.ro/en/wp-content/uploads/2024/09/photo_6041708406722643560_w.jpg 2560w, https://crypto.ro/en/wp-content/uploads/2024/09/photo_6041708406722643560_w-300x188.jpg 300w, https://crypto.ro/en/wp-content/uploads/2024/09/photo_6041708406722643560_w-1024x642.jpg 1024w, https://crypto.ro/en/wp-content/uploads/2024/09/photo_6041708406722643560_w-768x481.jpg 768w, https://crypto.ro/en/wp-content/uploads/2024/09/photo_6041708406722643560_w-1536x962.jpg 1536w, https://crypto.ro/en/wp-content/uploads/2024/09/photo_6041708406722643560_w-2048x1283.jpg 2048w, https://crypto.ro/en/wp-content/uploads/2024/09/photo_6041708406722643560_w-750x470.jpg 750w, https://crypto.ro/en/wp-content/uploads/2024/09/photo_6041708406722643560_w-1140x714.jpg 1140w" sizes="(max-width: 2560px) 100vw, 2560px"></a>
 <figcaption id="caption-attachment-51199" class="wp-caption-text">
  Crypto Rank – Top Token Unlocks
 </figcaption>
</figure> 
<p>These are the top 7 crypto token unlocks worth watching this week, as the <a href="https://crypto.ro/en/news/grayscale-research-top-20-crypto-tokens-worth-watching-in-q4-2024/">Q4</a> debuts.</p> 
<h2 id="why-is-token-unlocking-important">Why Is Token Unlocking Important?</h2> 
<p>Token unlocking is important as it can influence buying and selling pressure for investors.</p> 
<p>Ahead of the process or during the token unlock period investors could decide to sell their tokens to get profit and this could lead to price drops for the coins.</p>

Top 7 Crypto Token Unlocks of the Week: September 30 – October 6

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