🚨 3 Cryptocurrencies to Watch Amid $130M in Token Unlocks🚨

This week, three major cryptocurrencies are set to unlock over $130 million in tokens, potentially causing market volatility. Stay informed and manage your risk! 🛡️

🔓 Optimism ($OP )will unlock $55.16 million on June 30, adding nearly 3% supply inflation. Core contributors and private investors are likely to sell off. 📉

🔓 $SUI Network (SUI)is unlocking $54.6 million on July 1, with private investors receiving over 60%. This 2.7% monthly supply inflation could lead to price drops. 📉

🔓 io.net ($IO )will release $27.23 million, causing an 8% supply inflation. Increased supply may heighten volatility and potential price declines. 📉

Additionally, Ripple will unlock 1 billion XRP worth $470 million on July 1, as it does monthly.

👉 Key Takeaway: Exercise caution and consider reducing exposure to these cryptocurrencies due to potential sell-offs and market volatility. Proper risk management is crucial in these uncertain times.

*Remember, this isn't financial advice, just a heads-up to keep you informed!* 📊💡

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