During the week of April 21-27, 2025, significant token unlocks totaling over $17.8 million are scheduled, which could lead to price fluctuations across several crypto projects.
Overview of Token Unlocks
This week promises to be eventful for traders as tokens from major projects are set to hit the market. Projects such as Undeads Games (UDS), AltLayer (ALT), Venom (VENOM), Morphware (XMW), and Hooked Protocol (HOOK) will be in the spotlight for analysts and market participants.
Analysis of Key Projects
Leading the way is Undeads Games (UDS) with the largest unlock valued at nearly $11.5 million, representing 20.58% of its circulating supply. Other notable projects include AltLayer (ALT) with $2.55 million (3.32%), Morphware (XMW) with $676.37 thousand (1.58%), and Hooked Protocol (HOOK) with $465.67 thousand (1.76%).
Market Reactions and Predictions
Despite an overall bearish trend, some tokens like AltLayer and Morphware are exhibiting positive movement. Traders are anticipating price fluctuations as unlocked tokens could influence supply and demand dynamics.
The unlock of tokens exceeding $17.8 million on the specified dates creates significant expectations in the market, likely affecting the prices of these and other crypto projects. Market participants should remain vigilant regarding the developments.
