The Token Curtain Opens This Week‌😉

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Prepare to be underwhelmed, for the grand crypto carnival welcomes a token torrent exceeding $585 million. Such a figure might stupefy the uninitiated. Let us then pleasantly acquaint ourselves with three promising players: Hyperliquid (HYPE), Sui (SUI), and EigenCloud (EIGEN).

These new token infiltrations might just send our valuation metrics into something resembling chaos-dare one say, volatility-a not entirely unwelcome diversion, on occasion.

1. Hyperliquid (HYPE)

  • Unlock Date: December 29
  • Number of Tokens to be Unlocked: 9.92 million HYPE (a rather, shall we say, optimistic 0.992% of Total Supply)
  • Current Circulating Supply: 238.38 million
  • Total supply: A grand 1 billion HYPE

Here lies Hyperliquid, a self-proclaimed marvel among decentralized perpetual futures exchanges operating on Layer-1 blockchain with the sublime pleasure of sub-second finality. A prospect that one might find quite endearing, if not entirely necessary.

On the 29th of December, good old Hyperliquid will bless us with 9.92 million tokens-the value of which is a delightful $258.03 million, representing a hearty 2.87% of the current released supply. 🎉

All such tokens will generously be parceled out to the core contributors. Yet fear not, for an additional 1.2 million HYPE shall rain down upon the team members on January 6.

2. Sui (SUI)

  • Unlock Date: January 1
  • Number of Tokens to be Unlocked: 43.69 million SUI (0.44%, a number that, as the British are fond of pointing out, is suspiciously close to precisely nothing)
  • Current Circulating Supply: Insignificantly large at 3.736 billion SUI
  • Total Supply: Astonishingly, 10 billion SUI

The svelte Sui presents itself as a high-performance Layer-1 blockchain-a term even the unenlightened among us shall find insufferably chic. Its virtue, the Move programming language, facilitating parallel execution in a flourish of dApps. An endeavor making it slightly more enviable if one’s a sucker for the bleeding edge.

On January 1, Sui shall let loose 43.69 million tokens. A quaint 1.17% of the released supply, coincidentally worth $65.10 million. 🎈

Of this bounty, Series B investors will be treated to 19.32 million SUI. The community reserve (ever so charitable) will take a fair 12.63 million, and early contributors are awarded 9.98 million SUI, with Mysten Labs receiving a meager 2.07 million altcoins. A humble gesture, clearly.

3. EigenCloud (EIGEN)

  • Unlock Date: January 1
  • Number of Tokens to be Unlocked: 36.82 million EIGEN (2.07%, because twice as much is always better, isn’t it?)
  • Current Circulating Supply: A respectable 494.59 million EIGEN
  • Total Supply: A burdensome 1.779 billion EIGEN

The newly dubbed EigenCloud, once known as EigenLayer, regales us with tales of a verifiable cloud platform, boasting unified infrastructure for verifiable Web3 applications. A spectacle futuristic enough to bring a tear to an optimist’s eye.

On January 1, EigenCloud will present us with 36.82 million EIGEN tokens, delightfully valued at approximately $14.69 million-a hearty 9.74% of the released supply. Unleashed, but yet… restrained, perhaps?

Our liberators shall split their spoils in two: investors will be graced with 19.75 million tokens. Early contributors will receive a lesser, but still splendid, 17.07 million EIGEN.

Thus concludes our tale of tokens, though Ethena (ENA), Kamino (KMNO), and Renzo (REZ) merit a nod, with their own new supplies tantalizingly expanding this week, much like a burgeoning waistline after festive indulgence. 🍽️

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2025-12-29 10:30