token unlock concerns
SUI has experienced a significant decline, dropping to as low as $2.27 amid concerns regarding token unlocks. Investors are reacting to the potential impact of these unlocks on market stability. The recent downturn has raised alarms among stakeholders, who worry about the implications for liquidity and price volatility. Analysts suggest that the token unlocks could lead to increased selling pressure, further exacerbating the decline. As the market adjusts, participants are closely monitoring developments to gauge future trends and potential recovery.
