$2.7 Billion in Tokens Set to Open in June: What Investors Need to Know
The crypto markets are preparing for a significant oncoming wave of June token unlocks, with a combined total of token value amounting to $2.7 billion set to flood into the markets for a variety of very popular projects. This month comprises […] The Heavyweights: SUI, ZRO, and APT Lead the Pack The most significant release of tokens in June will come from Sui (SUI), with $206.33 million worth of tokens being let loose. Mid-Tier Unlocks: ZK, SAROS, VANA, and More Numerous mid-sized unlocks are planned for June, incorporating tasks such as ZK, SAROS, VANA, and ARB, that are together launching to the public more than $160 million worth of brand-new tokens. What This Means for the Market Misinterpreting token unlocks as simply bearish is typical, however their result mostly hinges on context: how they fit into the bigger picture of not just current, but likewise expected future need for a given token. Well, with context like that in mind, what do you think the typical impact of token unlocks is on a provided token’s price?