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$SUI Unlocking of millions of tokens brings short-term pressure
On June 1st, 14.36 million SUI tokens will be unlocked, equivalent to 13.1 million USD, adding short-term sell pressure.
Previously, an upgrade vulnerability caused the mainnet to crash three times in a row. Although the issues have been fixed and no user assets were lost, the market remains concerned about the project's stability.
The combination of unlock sell-offs and network failures creates a double whammy of bearish sentiment, making it easy to suppress market emotions in the short term. Be sure to trade cautiously.
#IntroducingGateStocks