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SUI Token Faces Major Unlock in May: What Investors Should Know

Current Price:

SUI: $3.7024 (+8.16%)

The SUI token is under the spotlight this May as over 500 million tokens — approximately 21.7% of the total supply — are scheduled to unlock. This substantial release has already prompted significant transfers from large holders (“whales”) to exchanges, raising concerns of a potential sell-off.

What’s Driving the Unlock?

The SUI team has confirmed the unlocks are fully in line with the project’s original roadmap. No surprise allocations are involved, and all distributions remain transparent and pre-planned. Nonetheless, the influx of tokens into circulation is expected to stir market volatility.

Recent Price Action: Strong Rebound

After tumbling from a January high of $5.30 to just $1.70 in April, SUI has bounced back sharply, now trading around $3.40. While Bitcoin’s rally has helped, growing adoption and ecosystem development have reignited investor interest in the project.

Investor Alert: Rising Scam Risk

With buzz around the unlock growing, scammers are exploiting the moment with fake airdrops and phishing attempts aimed at SUI holders. Investors should stay vigilant and only interact through official SUI channels.

Key Takeaway:

Over 500 million SUI tokens (21.7% of supply) will unlock in May — a move that could significantly impact the market.

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