3 Altcoins To Skip Trading This Week Due To Token Unlocks

Optimism (OP)

- Trading at $2.541, down 0.37%.

- $79.61 million worth of OP tokens will be unlocked on May 31 (2.88% of circulation supply).

DYDX

- Trading at $2.084, up 2.97%.

- $69 million worth of DYDX tokens will be unlocked on June 1 (11.9% of circulating supply).

SUI

- Trading at $1.0641, down 1.34%.

- $68.79 million worth of SUI tokens will be unlocked on June 1 (2.8% of circulating supply).

Conclusion

- Token unlocks often lead to increased supply and potential price drops, making these altcoins risky for trading this week.