The Sui Network recently unlocked 64.19 million $SUI tokens, representing 2.47% of the circulating supply. These tokens have been allocated for various purposes, including bolstering the community reserves. Typically, token unlocks can create market volatility, often leading to either a price surge or a significant sell-off. However, despite the token unlock, $SUI has maintained an upward trend since early September. The token has consistently established higher lows and has gained over 53% in price during this period, defying the usual post-unlock volatility. Memecoins Under SUI Ecosystem Thrives In addition to $SUI’s impressive performance, some meme tokens within the Sui ecosystem
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