April Sees Major Token Unlocks for TRUMP, SUI, CIRQ, APT, AXS and More
- April sees major crypto token unlocks (TRUMP, SUI, CIRQ, APT, AXS, ENA, ARB+)
- TRUMP unlock ($420M/20% supply Apr 18) follows -75% price drop from ATH
- Context: Unlocks hitting weak market may amplify sell pressure, increase volatility
April is looking like a big month for crypto, with several major token unlocks set to happen across different projects. These pre-planned releases of previously locked tokens often create market uncertainty, injecting billions in new supply, impacting valuations, and swaying investor sentiment.
TRUMP Token Faces $420M Unlock After Price Plunge
The biggest unlock on the list is the TRUMP token, with a massive $420 million worth of tokens being released on April 18; that’s 20% of the total supply.
This comes shortly after a sharp market drop triggered by the White House’s announcement on April 8, which continued into April 9. Bitcoin, often seen as a safe haven during market volatility, fell below $75,000 — wiping out gains from the previous day, when rumors of a possible tariff pause had briefly lifted prices.
The TRUMP token itself has been hit hard recently, dropping roughly 75% from its all-time high near $75 to …
The post April Sees Major Token Unlocks for TRUMP, SUI, CIRQ, APT, AXS and More appeared first on Coin Edition.
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April Sees Major Token Unlocks for TRUMP, SUI, CIRQ, APT, AXS and More
- April sees major crypto token unlocks (TRUMP, SUI, CIRQ, APT, AXS, ENA, ARB+)
- TRUMP unlock ($420M/20% supply Apr 18) follows -75% price drop from ATH
- Context: Unlocks hitting weak market may amplify sell pressure, increase volatility
April is looking like a big month for crypto, with several major token unlocks set to happen across different projects. These pre-planned releases of previously locked tokens often create market uncertainty, injecting billions in new supply, impacting valuations, and swaying investor sentiment.
TRUMP Token Faces $420M Unlock After Price Plunge
The biggest unlock on the list is the TRUMP token, with a massive $420 million worth of tokens being released on April 18; that’s 20% of the total supply.
This comes shortly after a sharp market drop triggered by the White House’s announcement on April 8, which continued into April 9. Bitcoin, often seen as a safe haven during market volatility, fell below $75,000 — wiping out gains from the previous day, when rumors of a possible tariff pause had briefly lifted prices.
The TRUMP token itself has been hit hard recently, dropping roughly 75% from its all-time high near $75 to …
The post April Sees Major Token Unlocks for TRUMP, SUI, CIRQ, APT, AXS and More appeared first on Coin Edition.
Read More
Altcoin Season Comeback: Are Markets Ready for a 10x Rally?