- This week crypto token holders will unlock over $906 million worth of digital assets where TRUMP accounts for $330 million tokens which may affect market conditions as a whole.
- During unlock periods emerging signs of bearish market pressure affect the prices along with decreased trading activity of tokens ARB, STRK, MELANIA while others suffer similar effects.
- The unspent token distribution exceeding 63.24% in DRB and 78.91% in OMNI creates potential volatility along with liquidity challenges in these coin markets.
In a significant development for the cryptocurrency sector, over $906 million worth of tokens are scheduled to be unlocked within the next seven days, according to blockchain analytics firm Tokenomist. This wave of token unlocks includes more than a dozen digital assets, with the token associated with the TRUMP project alone accounting for more than $330 million in value—by far the largest individual release.
The TRUMP unlock is set for April 18, and is drawing attention due to its potential to shift market dynamics at scale. The upcoming unlocks include TRUMP, FTN, CONX, QAI, ZKJ, ARB, DRB, UXLINK, STRK, OMNI, MELANIA, IMX, SEI, APE, and XCN, among others.
TRUMP Token Unlock Sparks Volatility Concerns and Market Caution
The TRUMP token’s unlock is particularly significant, representing over one-third of the total value being released. TRUMP has a scheduled unlock of $40.00 million, with a value of 334.00 which is 20.00% of unlock. TRUMP is trading at $8.05 a decrease of 3.0% in the past 24 hours.
Short-term support emerged at $7.84, a level that repeatedly absorbed downward pressure. A lower support near $7.84 remains in play if bears push further. Volume declined slightly to $395.62M, showing reduced enthusiasm. Analysts note that such a high-value release within a single project could lead to volatility if holders choose to sell their newly available tokens. The impact may extend beyond the TRUMP ecosystem, influencing liquidity and sentiment across related assets.
Multiple Token Unlocks Raise Liquidity and Volatility Risks
FTN will unlock 20.00M,with its value at 80.80 amounting to 2.33% of its unlock supply. CONX value is at 4.33M with the value at 77.07 which is a 7.45% of unlock supply. QAI with an amount of 565.69K while the value at 49.53 which is 12.70% of its total unlock supply.
ZKJ and ARB amounts are 15.53M and 92.65M respectively,though their amount and percentages differ.ZKJ amount is at 35.25 with ARB 28.22 while their percentage at 5.60% and 2.30% of unlock supply.
High Unlock Volumes Trigger Bearish Signals Across Multiple Tokens
ARB with its amount at 92.65M,has its unlock value at 28.22 which is a 2.30% of unlock supply.ARB is currently trading at $0.2913 with a price decline of 3.78%.The trading volume decreased by 19.17%, showing declined interest. Hence, bears could regain control if this momentum sustains and supports cracks.
DRB follows with a higher unlock percentage of 63.24% with the amount at 1.14B with the value at 25.99. UXLINK has its value of 18.48 with the amount at 37.50 M which is a 5.54% of its unlock supply.STRK has seen a 8.54% of unlock supply which is 127.00M and an amount of 16.11.The coin is trading at $0.1206 with a decline of 5.25% with the volume to declined 3.32% currently at $21.54M.OMNI too has a high percentage of unlock which is 78.91% with its amount at 8.21M bringing it value to 15.18.
Mixed Token Performance as MELANIA Leads Unlock Activity with Rising Volume
MELANIA has declined near $0.4403 with a decline of 6.06%. The support has formed around $0.4405, with deeper backup at $0.4694. The volume has shown a 14.53% increase bringing it value to $20.32M pointing to increased conviction among buyers. The coin has shown a 7.78% of unlock supply with its token amount at 26.25M and the value of 12.25. IMX follows behind with a 1.36% of unlock supply with 24.52M amount and a value of 10.15.
Sei has shown a price decline of 3.0% bringing its value to $0.1791 while APE follows with a 3.9% decline bringing its value to $0.4165. SEI has 1.44% of unlocked supply with 55.56M amount which is 9.63 amount. APE follows with a 1.88% while XCN closes with a 0.86% with its amount at 296.38M which is a 5.61value.
