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Cryptorank

Why SUI, OMNI & OP Token Unlocks Are a Must-Watch Crypto Event for Next Week


by Maxwell Mutuma
for CoinEdition
$183M+ in Unlocks Next Week: SUI, OMNI, OP Lead the Watchlist
  • Sui dominates token unlocks with $99M release, but strong rally may offset pressure
  • Omni Network unlocks 78.94% of supply, yet low liquidity raises price volatility risk
  • Optimism, Renzo, and dYdX unlocks signal elevated interest amid positive price trends

The crypto market is bracing for significant token unlocks next week, April 28th through May 4th, with over $183.4 million worth of tokens scheduled for release, per Tokenomist data. Among the must-watch projects are Sui ($SUI), Omni Network ($OMNI), and Optimism ($OP), which together account for more than $160 million of these unlocks. 

These events often introduce selling pressure and are closely tracked by investors seeking potential price action or trend shifts. Besides, a number of the unlocked tokens have shown strong market performance leading up to the unlock, creating added interest in how prices might respond post-event.

The post Why SUI, OMNI & OP Token Unlocks Are a Must-Watch Crypto Event for Next Week appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Why SUI, OMNI & OP Token Unlocks Are a Must-Watch Crypto Event for Next Week


by Maxwell Mutuma
for CoinEdition
$183M+ in Unlocks Next Week: SUI, OMNI, OP Lead the Watchlist
  • Sui dominates token unlocks with $99M release, but strong rally may offset pressure
  • Omni Network unlocks 78.94% of supply, yet low liquidity raises price volatility risk
  • Optimism, Renzo, and dYdX unlocks signal elevated interest amid positive price trends

The crypto market is bracing for significant token unlocks next week, April 28th through May 4th, with over $183.4 million worth of tokens scheduled for release, per Tokenomist data. Among the must-watch projects are Sui ($SUI), Omni Network ($OMNI), and Optimism ($OP), which together account for more than $160 million of these unlocks. 

These events often introduce selling pressure and are closely tracked by investors seeking potential price action or trend shifts. Besides, a number of the unlocked tokens have shown strong market performance leading up to the unlock, creating added interest in how prices might respond post-event.

The post Why SUI, OMNI & OP Token Unlocks Are a Must-Watch Crypto Event for Next Week appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Arbitrum’s Breakout Failed, but a Key Indicator Says the Rally Isn’t Dead

Arbitrum’s Breakout Failed, but a Key Indicator Says the Rally Isn’t Dead

Arbitrum (ARB) attempted a major breakout on Friday but was sharply rejected at a key...
Top Reasons Why Ethereum Classic (ETC) Price is Surging Today?

Top Reasons Why Ethereum Classic (ETC) Price is Surging Today?

Ethereum Classic (ETC) has jumped over 33% in the last week, breaking out of a long-t...