These 5 tokens are facing large unlocking this week! Pay close attention!
1. Op
Unlocking date: May 31
Unlocked tokens: 31.34 million OP
Current circulation: 1.08 billion OP
On May 31, the project will add more than 30 million OP, which will be distributed to investors and core contributors according to TokenUnlocks.
2. 1INCH
Unlocking date: June 1
Unlocked tokens: 98.7 million 1INCH
Current circulation: 1.15 billion 1INCH
The 1INCH coin unlocking is scheduled for June 1, and the issuance will include nearly 100 million tokens, reserved for developers, early investors and venture capital funds.
3. dYdX
Unlocking date: June 1
Unlocked tokens: 33.33 million dYdX
Current circulation: 279.8 million dYdX
Most of the dYdX unlocked on June 1 will be distributed to investors and project teams, and the remaining tokens will be reserved for future employees.
4. Sui
Unlock date: June 1
Unlocked tokens: 65.08 million Sui
Current circulation: 2.33 billion Sui
Unlock will take place on June 1, releasing a large number of tokens reserved for Series A and B participants, community reserves, and Mysten Labs vaults.
5. ENA
Unlock date: June 1
Unlocked tokens: 53.6 million ENA
Current circulation: 1.47 billion ENA
On June 1, the project will unlock more than 50 million ENA, which will be used exclusively for ecosystem development.
Although token unlocks are generally considered bearish, a carefully planned schedule can enhance the long-term viability of a project.
Aligned with milestones and development progress, unlocks will incentivize team members, promote community participation, and promote ecosystem development.
