💥💥💥 Crypto market faces $860M token unlocks in July

Around 40 cryptocurrency projects are preparing for significant token unlocks in July, totaling approximately $860 million in market value. Among the largest releases:

1. Xai (XAI): Plans to unlock 198 million tokens on July 9, valued at $97 million, representing 71.5% of its circulating supply.

2. #Aptos (APT): Unlocks 11.3 million tokens on July 12, valued at nearly $79 million, allocated for foundation, community, and investors.

3. Arbitrum (ARB): Scheduled to release 92.6 million tokens on July 16, valued at $76 million, distributed among team, investors, and advisors.

4. #AltLayer (ALT): Token unlock on July 25 involves 684 million tokens, nearly 45% of circulating supply, valued at around $133 million, for protocol development and incentives.

Other notable unlocks include:

- #io.net (IO): Unlocking 7.5 million tokens on July 1, valued at $26 million.

- Sui (#SUI🔥 ): Releasing 64 million tokens on July 1, valued at $56 million.

- Starknet (STRK): Unlocking 64 million tokens on July 15, valued at $47 million.

Investors anticipate potential price fluctuations due to increased token supply entering the market. Historical data suggests tokens typically rise by an average of 34% post-unlock, but impacts can vary widely. Stay informed to navigate cryptocurrency investments effectively.

Source - cryptobriefing.com

#BinanceSquareTalks

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Long✅🚨

SUI/USDT

In dip buy strong Alt coins in Spot
Like

$SOL
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below 0.55 good buying zone
Don't forget to add Ethereum Ecosystem coins like.

Ldo
Arb
OP

From 2 July ethereum Etf trading ia started which is bullish sign for market.
....bttc... .

SuiNS, a user-facing naming standard, has updated to use the "@" symbol instead of ".sui" for user names.

This change allows for more intuitive and familiar naming conventions, aligning with Web2 username standards.

Existing users will experience a seamless transition, with complete interoperability between their old and new names, while NFTs will still display the original .sui address.

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#MarketTrend

The 2 coins that's gonna outshine in short term would be $SUI & $JUP Also please note High volatility is expected watch your leverage !!!

@Sui @Jupiter 🪐

Share your thoughts

DYOR

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TP4 ✅
+7% (spot)✅
Level by level, no FOMO. The price was rejected exactly on the main downtrend mentioned!

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sui
price down#SUI🔥

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Reversal sign LTF, key support zone & bull div.
7.500$ should be a local bottom! 📈

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#Write2earn MYSTICETI PROTOCOL: SUI’S BREAKTHROUGH IN BLOCKCHAIN SPEED AND EFFICIENCY
#SUI🔥 #SUIupdate $SUI

This summer, Sui will launch its Mysticeti protocol on the Mainnet, slashing consensus latency to an impressive 390 milliseconds.
As a leading Layer 1 blockchain known for its high performance and horizontal scaling, Sui has successfully tested Mysticeti on its Testnet, achieving an 80% reduction in consensus time while maintaining high throughput.

This solidifies Sui's position as the fastest consensus layer in the industry.

Key Highlights of Mysticeti:

Impressive Speed: Reduces consensus latency to 390 milliseconds, setting new industry standards.

Innovative Architecture: Optimizes transaction processing by distinguishing between "owned" and "shared" objects, enhancing speed and efficiency.

Advanced BFT Consensus: Minimizes cross-validator communication, maximizing network bandwidth and throughput.
High Performance: Handles tens of thousands of transactions per second with sub-second latencies.

Expert Insights:

George Danezis, Co-founder of Mysten Labs: "Mysticeti is a major leap forward, reducing latency while retaining high capacity and low computational costs."

Dmitri Perelman, Head of Engineering at Mysten Labs: "Mysticeti's performance has full support from our engineering team and validators."

Kevin Nelson, Co-Founder of Aftermath Finance: "Mysticeti's DAG-based structure surpasses state-of-the-art performance."

Greg Siourounis, Managing Director of the Sui Foundation: "Mysticeti enhances the developer experience, opening new possibilities for decentralized applications."

Mysticeti's innovations are detailed in the paper, "Mysticeti: Low-Latency DAG Consensus with Fast Commit Path."