#JanuaryTokenUnlocks
January 2025 is set to witness significant token unlocks across various crypto projects, potentially impacting market dynamics. Key events include:
1. Sui Network (SUI): On January 1, 2025, Sui will unlock approximately 64.19 million SUI tokens, valued at nearly $300 million. This event will increase the circulating supply by 2.19%, potentially influencing SUI's market price.
2. Ondo Finance (ONDO): Scheduled for January 18, 2025, Ondo Finance plans to release 190 million ONDO tokens, representing 1.9% of its total supply, with an estimated value of $264.2 million.
3. AltLayer (ALT): On January 25, 2025, AltLayer will unlock 684.21 million ALT tokens, worth over $109 million. This release follows a six-month pause in their vesting schedule.
4. Axelar (AXL): Set for January 27, 2025, Axelar is expected to unlock 16.1 million AXL tokens, accounting for 1.36% of its total supply, valued at approximately $11.5 million.
Investors should monitor these events closely, as token unlocks can lead to increased market volatility and affect token valuations.
*Disclaimer: This information is for educational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.*