- Over $235M in token unlocks this week could stir market volatility as VENOM, ALT, and SOL dominate release values and volumes.
- TRUMP token breaks out from a falling wedge pattern with bullish targets, signaling potential upside amid ongoing unlocks.
- ALT faces the highest supply inflation risk at 7.92%, while TRUMP and SOL remain in focus with high-value but low-supply unlocks.
Over $235 million in token unlocks are scheduled for the week of April 21–28, according to Wu Blockchain. The data, sourced from Tokenomist, highlights significant cliff and linear unlocks. VENOM and ALT lead the cliff unlocks, while tokens like SOL, WLD, and TRUMP headline the linear releases. These unlocks could inject fresh volatility into the market, especially with certain tokens facing heightened supply pressures.
VENOM will release 59.26 million tokens worth $8.25 million. This represents 2.86% of its total supply. Meanwhile, ALT’s cliff unlock is even more impactful. It will release 240.10 million tokens valued at $7.09 million, which amounts to 7.92% of its total supply. This marks the highest percentage increase in circulating supply among the scheduled events.
Moreover, linear unlocks will play a huge role throughout the week. SOL is expected to lead with a daily unlock value of $66.03 million. Interestingly, this involves only 465.77K tokens—just 0.09% of SOL’s supply. WLD follows closely, unlocking $29.47 million worth of tokens. TRUMP comes next, releasing tokens valued at $28.76 million. Other tokens like DOGE, TIA, TAO, and AVAX will also see million-dollar daily releases.
TRUMP Token Breaks Out Amid Unlock Buzz
Amid these token releases, TRUMP is grabbing attention for another reason. According to Rose Premium Signals, TRUMP has broken out of a falling wedge pattern. This breakout follows a prolonged decline since February, where the token slid from $14 to near $8.37.
The token formed a consolidation base at $7.55 before reversing. The data suggests a strong support level at this price. Technical indicators now point to a bullish trend. Analysts have set three targets for this move—$11.64, $13.73, and $14.78. Volume has increased during key swings, supporting the breakout’s credibility.
Consequently, this week’s token unlocks may fuel both volatility and opportunity. Some tokens like ALT face notable inflation risks. Others, including TRUMP, might see renewed bullish momentum due to favorable technical setups. The market may react sharply as supply dynamics shift rapidly.
