Crypto Market Braces for $215.03M Influx: Spotlight on $OP, $SUI, and $DYDX

• Optimism's $OP sees 2.52% of the total circulating supply amounting to $71.02M weekly token unlocks, signaling strong market activity and trader interest.
• Sui token ($SUI) experiences a significant 22.54% price surge, with a 3.51% unlock worth $45.56M, indicating a potential bullish trend.
• $DYDX's 10.63% unlock worth $86.33M coupled with a 1.64% price rise suggests trader optimism despite market volatility.

In the upcoming weekly token unlock event from January 29th to February 4th, 2024, the crypto market is poised for a substantial influx of $215.03 million. Among the standout tokens taking center stage are $OP, $SUI, and $DYDX, each demonstrating varying performance degrees. These highlights from Token Unlocks, an analysis platform shared via an X platform post-update, set the stage for an intriguing week ahead in crypto.

The native token of Optimism, $OP, has seen 2.52% of its weekly total circulating supply unlock, which equals $71.02M. At $3.10, Optimism has exhibited strength with a 2.35% uptick in its value. Sui ($SUI) is also in the spotlight, with a 3.51% unlock equivalent to $45.56 million of the circulating supply. Sui's performance shows a price of $1.45, surging 22.54% in the past day. These statistics indicate a growing interest in Sui and a potential bullish trend.

Read full article at CryptoTale.