SUI unlocks nearly $300 million in tokens on January 1, 2025

SUI will unlock nearly $300 million in tokens on January 1, 2025, as part of the Sui network's tokenomics plan, with the goal of increasing circulating supply. This may cause concerns about diluting existing investors' shares.

Impact of token unlock event Unlocking such a large number of tokens may cause:

- Increased Supply: This could lead to selling pressure if investors decide to sell tokens soon after receiving them.

- Price Fluctuations: The market may witness large fluctuations in SUI prices due to the increase in transaction size.