news 
$832M Token Unlocks to Shake the Crypto Market This Week
The cryptocurrency market is set to experience one of its largest coordinated token unlock events between December 30 and January 5, 2025. The combined value of these unlocks stands at an astonishing $832 million. Sui (SUI) takes the lead with a massive cliff unlock, releasing 64.19 million tokens worth $263.20 million. This unprecedented event will increase SUI’s circulating supply by a significant 2.19%.
Notable Cliff Unlocks
Other notable cliff unlocks include ZetaChain (ZETA), which will release 53.89 million tokens valued at $31.45 million, representing an increase of 9.35% in its circulating supply. Kaspa (KAS) is set to unlock 182.23 million tokens, adding a mere $21.51 million to the market, reflecting a small 0.72% increase in total supply.
Worldcoin Maintains Linear Unlock Leadership
In a remarkable display of consistency, Worldcoin (WLD) continues its linear unlocks with the release of 37.23 million tokens valued at $80.41 million. This event represents an astonishing 4.48% increase to WLD’s circulating supply.
Linear Unlocks Continue
Solana (SOL) is also set to unlock 465,770 tokens worth $88.45 million, contributing only a negligible 0.10% to its supply. Avalanche (AVAX) and NEAR Protocol (NEAR) will unlock $25.61 million (0.17% of supply) and $15.87 million (0.24% of supply), respectively.
TIA Protocol (TIA) and Dogecoin (DOGE) have planned token releases valued at $34.45 million (1.49% of supply) and $30.09 million (0.06% of supply). Polkadot (DOT) is set to add $19.69 million, while Filecoin (FIL) schedules $11.39 million in token unlocks.
Fan Tokens Join the Fray
Notably, fan tokens are also participating in this massive unlock event. Game Meteor Coin (GMTO) plans to release 25.1 billion tokens worth $12.38 million, accounting for a substantial 25.10% of its locked supply. Despite an unfortunate 6.75% price drop in the last 24 hours, GMTO has successfully completed 74% of its unlock schedule.
Football Club Tokens Join the Fray
In another significant development, fan tokens from prominent football clubs such as Juventus (JUV), FC Barcelona (BAR), and Atletico Madrid (ATM) are scheduled for release. JUV will unlock $334,102 in tokens, BAR $928,664, and ATM $288,377.
As the cryptocurrency market prepares to experience this unprecedented event, it remains essential to stay informed about market movements and trends. This article aims to provide a comprehensive summary of the significant unlocks taking place between December 30 and January 5, 2025.
Please let us know what you think!
Source: coinchapter.com
