TOP-3 decline of tokens this week

In the first week of July, large unlocks of tokens are expected. The most distinguished projects SUI (SUI), Ethena (ENA) and Zetachain (Zeta).

The upcoming breaks can significantly change the proposal of tokens. This can provoke the volatility in the market and affect short -term price fluctuations.

1. SUI (sui)

  • Date of unlock: July 1
  • The number of tokens for unlock: 44 million SUI (0.44% of the total offer)
  • Current appeal: 3.39 billion SUI
  • General offer: 10 billion SUI

SUI is a high -performance blockchain that offers scalability and low delay. It is ideal for decentralized applications (Dapps). It is distinguished by its object-oriented data model and the Move programming language, which eliminates inefficiency in existing blockchain architectures.

On July 1, the project will produce 44 million SUIs on the market, continuing its practice of unlocking at the beginning of the month. These tokens are estimated at $ 122.3 million and account for 1.3% of the current circulation.

Unlocked tokens will be distributed into four parts. The largest share – 19.32 million SUI – will be distributed between participants in the investment round of the B. The community reserve will receive 12.63 million tokens, early participants – 9.98 million tokens. Mysten Labs treasury will receive 2.07 million SUI.

In the meantime, the cost of SUI increased by 11.3% in the last week. However, before unlocking, the price decreased by 1.4% over the last day.

2. Ethena (ENA)

  • Date of unlock: July 2
  • The number of tokens for unlock: 40.63 million ENA (0.27% of the total supply)
  • Current appeal: 6.087 billion ENA
  • General offer: 15 billion ENA

Ethena is a decentralized protocol on the Ethereum blockchain, which offers the alternative to traditional stablecoins. The main proposal of the project is USDE, a synthetic dollar stablecoin. ENA is the control token in the Ethena blockchain.

The protocol will unlock 40.63 million tokens in the amount of $ 10.9 million, which is 0.67% of the circulating supply. All tokens will receive a fund.

Output is expected against the background of an unsuccessful beginning of the week for ENA. Over the last day, the price fell by 0.2%, but in a week increased by 10%.

3. Zetachain (zeta)

  • Date of unlock: July 1
  • The number of tokens for unlock: 44.26 million Zeta (2.1% of the total offer)
  • Current appeal: 877.5 million Zeta
  • General offer: 2.1 billion Zeta

Zetachain is a blockchain that connects different blockchain transiches systems, including those that do not have native support for smart contracts, such as bitcoin and Dogecoin. He seeks to combine a fragmented blockchain space.

On July 1, 44.26 million ZETA tokens will take place, worth $ 7.9 million. Key participants and the protocol treasury will receive 13.13 million and 12.83 million Zeta, respectively. Buyers and consultants will receive 9.33 million Zeta. The network also allocated 5.25 million tokens to the ecosystem growth fund. The user growth pool will receive 2.63 million Zeta. Finally, 1.09 million tokens will be left to stimulate liquidity.

Like two other altcoin, Zeta has slightly decreased by 0.6% over the last day, but increased by 8% in a week.

In addition to these three, Neon (Neon), Renzo (Rez) and Dydx (Dydx) will also release new coins. Over the next seven days, tokens in the amount of more than $ 484 million will arrive on the market.

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Source: Cryptocurrency

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