Thread by @Mysteryofcrypt

🚨#Sui to Witness Unlocking of 61 Million Tokens ($62 Million) on June 3

Leading to a 13% Surge in Circulating Supply‼️

Retail Users to Receive Tokens via #Airdrop, Sui Foundation Also Included

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👉 On June 3rd, a total of 6,10,83,333.36 #SUI tokens will be unlocked.

👉This amount represents approximately 0.611% of the total supply.

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Distribution:

👉 Community Access Program: 3,24,16,667 SUI (0.32%)

👉 Sui Foundation: 2,86,66,667 SUI

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Funding rounds for $SUI :

👉 In December 2021, they raised $36 million in a Series A round.

👉 Then, in September 2022, SUI secured $300 million in a Series B round.

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👉 FTX Ventures, Andreessen Horowitz (a16z), and Jump Crypto were among the investors.

👉 Overall, Sui and its competitors have raised over $3.07B in funding across 156 funding rounds involving 809 investors.

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👉 The average cost SUI in public sale was 0.1$

👉 Based on the current price of $0.96$ it is 9.6x above its public sale price 🔥

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The market cap of a $SUI is $501.64 million USD.

What is your price target for the #SUI token in the next two years? 🚀

3$✅ 5$✅ 10$✅ 20$✅

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https://twitter.com/mysteryofcrypt/status/1664258677224931329