The cryptocurrency market has been on a bullish run, driven by the Federal Reserve's interest rate cut and expectations for a strong October. Several major token unlocks are set to occur from September 30 to October 6, 2024, which could impact the market.
Major Upcoming Token Unlocks
 Source: [Token Unlocks](https://x.com/Token_Unlocks/status/1838148888299262001) 1. **SUI:** [SUI](https://coinsprobe.com/altcoins-on-the-rise-sui-and-kaspa-lead-the-charge-for-2024-gains/) is gearing up for a major unlock on October 1, with a total release of $108.68 million worth of tokens. This includes both a cliff unlock and part of its linear unlock schedule. 2. **Solana:** Solana (SOL) will unlock $75.90 million in tokens as part of its ongoing linear unlock schedule. This could impact market liquidity. 3. **Worldcoin (WLD):** [Worldcoin](https://coinsprobe.com/worldcoin-gains-momentum-after-expansion-is-a-price-surge-coming/) (WLD) will also have a major unlock, releasing $58.07 million worth of tokens as part of its linear schedule.
Additional Unlocks
4. **Immutable X (IMX):** $54.88 million worth of IMX tokens will be unlocked. 5. **ZetaChain (ZETA):** $34.78 million worth of ZETA tokens will also be unlocked.
Token unlocks can significantly affect the market by increasing the circulating supply and causing price volatility. In bullish market conditions, the extra liquidity might be absorbed without causing sharp price drops. As we approach October, a traditionally strong month for crypto, it will be interesting to see how these unlocks impact market dynamics.
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