According to PANews, several cryptocurrencies are set for significant token unlocks next week. Sui (SUI) will unlock approximately 44 million tokens on June 1 at 8:00 AM UTC+8, representing 1.32% of its current circulation and valued at around $154 million.
Bio Protocol (BIO) is scheduled to unlock about 339 million tokens on May 28 at 8:00 AM UTC+8, accounting for 20.22% of its circulating supply, with an estimated value of $28 million.
Optimism (OP) will see the release of approximately 31.34 million tokens on May 31 at 8:00 AM UTC+8, which is 1.83% of its current circulation, valued at roughly $22.7 million.
Kamino (KMNO) plans to unlock around 229 million tokens on May 30 at 8:00 PM UTC+8, representing 14.97% of its circulating supply, with a value of approximately $15.1 million.
Renzo (REZ) is set to release approximately 423 million tokens on May 30 at 7:00 PM UTC+8, which is 16.10% of its circulating supply, valued at about $5.7 million.
Finally, dydx (DYDX) will unlock around 8.33 million tokens on June 1 at 8:00 AM UTC+8, representing 1.07% of its current circulation, with an estimated value of $5 million.
