- Over $17.8 million in token unlocks scheduled for week of April 21 across five crypto projects.
- Undeads Games (UDS) sees largest unlock ($11.5M / 20.5% supply) amid bearish trend.
- AltLayer (ALT), Morphware (XMW), Hooked Protocol (HOOK) show strength, rallying despite unlocks.
The week of April 21-27 sees major token unlocks totaling over $17.8 million that could shake up prices across several crypto projects. As these tokens hit the market, traders are watching closely for potential price moves.
Projects like Undeads Games (UDS), AltLayer (ALT), Venom (VENOM), Morphware (XMW), and Hooked Protocol (HOOK) are at the center of this week’s spotlight. Each shows different market action based on recent trends and the size of their unlocks.
Which Tokens Face Unlock Pressure?
Undeads Games (UDS) leads with the largest unlock value at nearly $11.5 million. That represents over 20% of its circulating supply – a significant amount hitting the market.
The token is currently priced at $0.7754 , down 1.18% in 24 hours. Price action has been mostly bearish, with consistent lower highs.
Source: CoinMarketCap
Key support lies near $0.7730, while resistance sits around $0.7780 and $0.7850. Despite a slight uptick in volume, the broader sentiment leans cautious due to the sizable unlock.
VENOM Sees Bearish Reversal
Next up is Venom (VENOM), with a more modest unlock of $1.34 million, about half a percent of its supply; still, the token has slipped by 2.44% to $0.1267 . Lower highs and a mid-day breakdown indicate weakening momentum.
Source: CoinMarketCap
The $0.1245–$0.1250 zone remains critical for support, while $0.1300 marks a major resistance. Volume dropped 24.55%, confirming reduced trader participation.
Related: These Tokens Will Be 100% Unlocked by 2025 – And They Are All Below $1
Which Unlocking Tokens Are Showing Strength?
Interestingly, not all tokens with upcoming unlocks are under pressure. AltLayer, unlocking $2.55 million worth of tokens (3.32% of circulating supply), is actually showing bullish signs . The token surged by 5.71% to $0.02656 , defying the usual unlock-related dip.
Source: CoinMarketCap
The breakout from $0.02510 support suggests strong buyer confidence. Resistance now forms at $0.02670 and $0.02700. Interestingly, this rally came despite a 5% decline in daily trading volume.
Related: Massive Crypto Unlocks This Week: TRUMP, ZKJ, SAROS Lead $400M+ Release
XMW Pushes Higher on Strong Volume
Morphware (XMW) tells a similar story. It’s unlocking about $676,000 worth (1.58% of supply), but the token jumped 5.51% in a strong intraday rally. It topped above $0.0560 before settling at $0.05365 .
Source: CoinMarketCap
Support holds at $0.0530, with resistance near $0.0565. Volume surged nearly 68%, highlighting renewed interest despite the token release.
HOOK Ends Strong With a 7.59% Jump
Finally, Hooked Protocol (HOOK) is the last on the list with a $465.67k unlock (1.76%). It posted the strongest daily gain at 7.59%, closing at $0.1205 .
Source: CoinMarketCap
Strong demand supported the uptrend, especially above $0.1120. Immediate resistance lies at $0.1210, while $0.1170 could now flip to support.
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