Imminent Critical Development in This Altcoin: Hours Left for Major Shift in Coin (Symbol)
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- The Sui (SUI) cryptocurrency is causing a stir with its upcoming unlock event, which is expected to release 34.62 million tokens, worth approximately $39.46 million, into the market.
- Given that this represents 1.48% of the circulating supply, investors are eagerly anticipating the impact this will have on SUI’s price.
- However, with the unlock event coinciding with a market pullback, there is a risk of increased sell pressure for SUI in the short term.
As Sui (SUI) prepares for a significant unlock event, investors are warned to brace for potential sell pressure. The event could also trigger new price levels for the popular cryptocurrency.
Sui (SUI) Investors Beware of Sell Pressure!
The upcoming unlock event, which will release nearly $40 million worth of SUI into the market, has understandably caused panic among investors. The popular coin, known for its regular unlock events, could find itself in a riskier position this time around.... Read the full article for FREE at COINOTAG!
