Potential Price Impact of Upcoming Token Unlocks for SUI, SOL, WLD, IMX, and ZETA
Major token unlocks for SUI, SOL, WLD, IMX, and ZETA, totaling over $329 million, are set to occur between September 23 and October 4. These events may lead to significant price declines for these altcoins.
1. SUI: On October 1, 64.19 million SUI tokens (valued at $95.65 million) will be unlocked, representing 2.40% of its circulating supply. However, SUIâs strong fundamentals, including a total value locked (TVL) exceeding $900 million, may help stabilize its price.
2. SOL: A linear unlock of 524,030 SOL (approximately $74.97 million) will happen between September 23 and 30, constituting only 0.11% of its circulating supply. Recent upgrades and growing institutional interest could mitigate adverse effects on its price.
3. WLD: Worldcoin will unlock 37.23 million tokens (8% of circulating supply) from September 23 to 30. The success of its world ID launch in Poland may influence market sentiment and investor behavior.
4. IMX: On October 4, 32.47 million IMX tokens (2% of circulating supply) will be released. After a notable price increase of over 46%, investors should be cautious of potential corrections following the unlock.
5. ZETA: With 53.89 million ZETA tokens (13% of circulating supply) scheduled for unlock on October 1, ZETA is likely to face the most significant selling pressure, despite a recent gain of over 30%.
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