SUI is taking a hit, down 5.84% to $1.55, amidst rumors of a major VC token unlock. Investors are getting anxious, front-running the potential supply increase. The market cap is still strong at $6.04 billion, but it's clear people are nervous.
*Key Stats:*
- *Current Price*: $1.55
- *Market Cap*: $6.04 billion
- *24h Low*: $1.53
- *24h High*: $1.71
- *Circulating Supply*: 3.73 billion SUI
The Sui network is known for its innovative architecture, offering low-latency transactions and high throughput. But, it seems the market is reacting to the potential token unlock. Will this be a buying opportunity or a sign of more pain to come?
