$SUI 🦅
💥$300 million in Sui tokens to be issued in early 2025.🎁
🔸 Sui Network (SUI) will issue approximately $300 million of its native tokens on the first day of 2025.
🔸 According to Tokenomist data, this will be the largest token release to date, involving 64.19 million tokens and increasing the cryptocurrency’s circulating supply by approximately 2.19%.
🔸 Series A and B investors have the largest stake in this release, each receiving over 19 million tokens.
🔸 Notably, this group of investors can stake their locked tokens and receive cashable rewards, which can impact selling pressure and price action.
🔸 Currently, 1.85 billion SUI tokens are locked in vesting contracts.