{"id":29943,"date":"2024-04-30T10:43:14","date_gmt":"2024-04-30T10:43:14","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/dydx-ethena-sui-and-memecoin-poised-for-cliff-unlocks-this-week-details\/"},"modified":"2024-04-30T10:43:14","modified_gmt":"2024-04-30T10:43:14","slug":"dydx-ethena-sui-and-memecoin-poised-for-cliff-unlocks-this-week-details","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/dydx-ethena-sui-and-memecoin-poised-for-cliff-unlocks-this-week-details\/","title":{"rendered":"dYdX, Ethena, Sui and Memecoin poised for cliff unlocks this week: Details"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/sui-token-symbol-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/sui-token-symbol-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/sui-token-symbol-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/sui-token-symbol-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">dYdX and Ethena have token unlocks of over $70 million and $45 million respectively scheduled for May 1<\/span><\/li>\n<li><span style=\"font-weight: 400\">Sui and Memecoin cliff unlocks are set for May 3<\/span><\/li>\n<li><span style=\"font-weight: 400\">AEVO and PYTH will see token unlocks exceeding $1.2 billion (at current prices) in May.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">dYdX (DYDX), Sui (SUI) and Memecoin (MEME) are all trading in the red on Tuesday, down between 2% and 5%. Meanwhile, Ethena (ENA), which <a href=\"https:\/\/coinjournal.net\/news\/binance-adds-ethena-ena-as-50th-launchpool-project\/\">launched on exchanges recently<\/a>, is defying the broader market with more than 6% gains in the past 24 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400\">These projects, according to details from TokenUnlocks, have cliff token unlocks lined up for early May.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">DYDX, ENA, SUI token unlocks<\/span><\/h2>\n<p><span style=\"font-weight: 400\">As the <a href=\"https:\/\/coinjournal.net\/news\/\">crypto market<\/a> exits April, altcoins continue to mirror Bitcoin\u2019s price movements. Among those to likely be in the spotlight this week though are tokens set to unleash huge part of their supply into circulation.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Data from <a href=\"https:\/\/token.unlocks.app\/\" target=\"_blank\" rel=\"noopener\">TokenUnlocks<\/a> shows that DYDX, SUI, ENA and MEME are headed for major token releases this month. The above tokens all see tokens worth more than $10 million added to the circulating supply.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On May 1, <a href=\"https:\/\/coinjournal.net\/dydx\/\">dYdX<\/a> will unlock over 33.3 million DYDX tokens, which is worth approximately $70.6 million and accounting for about 11.9% of supply. Also on May 1, Ethena will unlock 53.6 million ENA worth about $45.2 million and representing 3.76% of circulating supply.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On May3, Sui and Memecoin unlock $40 million and $141 million worth of SUI and MEME tokens respectively.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udea8 <a href=\"https:\/\/twitter.com\/search?q=%24MEME&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MEME<\/a> Unlocks Alert \ud83d\udea8<\/p>\n<p>~$155 m set to unlocks on 3 May 2024<br \/>~31.97% of circulating supply<\/p>\n<p> 5.32b tokens will be unlocks and allocated to Airdrop, Advisory, and Investors.<\/p>\n<p>More unlock details \ud83d\udc47\ud83c\udffb <a href=\"https:\/\/t.co\/3T0d7wblIa\">pic.twitter.com\/3T0d7wblIa<\/a><\/p>\n<p>\u2014 Token Unlocks (@Token_Unlocks) <a href=\"https:\/\/twitter.com\/Token_Unlocks\/status\/1784100188015256035?ref_src=twsrc%5Etfw\">April 27, 2024<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">Other top unlocks in the first week of May are Galxe (GAL) and Heroes of Mavia (MAVIA).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The biggest token unlocks in May will be for Aevo (AEVO) and Pyth Network (PYTH). According to TokenUnlocks, both projects will see more than $1.2 billion in AEVO and PYTH released on May 15 and May 20 respectively.<\/span><\/p>\n<p><span style=\"font-weight: 400\">While projects try to ensure unlocks do not put undue pressure on token prices, there\u2019s still the potential that massive releases inject fresh volatility in the respective markets. Having key information on such developments could be key to traders\u2019 decisions.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/dydx-ethena-sui-and-memecoin-poised-for-cliff-unlocks-this-week-details\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison ) dYdX and Ethena have token unlocks of over $70 million and $45 million respectively scheduled for May 1 Sui and Memecoin cliff unlocks are set for May 3 AEVO and PYTH will see token unlocks exceeding $1.2 billion (at current [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":29944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/29943"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=29943"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/29943\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/29944"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=29943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=29943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=29943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}