Upcoming token unlock events are drawing significant attention across the crypto market. TRUMP, ARB, and AXS are all set to release sizable amounts of tokens into circulation.
These events occur amidst sensitive technical setups, raising opportunities and risks for investors.
With macro factors, regulatory scrutiny, and technical levels all playing a role, the price action following these unlocks will be pivotal in shaping near-term sentiment.
OFFICIAL TRUMP (TRUMP)
On April 18, approximately 40 million $TRUMP tokens , valued at over $321 million, will be unlocked, marking the first significant release since the coin’s launch in January.
These tokens are primarily held by entities affiliated with the Donald J. Trump Revocable Trust, including CIC Digital LLC and Fight Fight Fight LLC.
The unlock represents 20% of the circulating supply, raising concerns about potential selling pressure that could affect the token’s price stability.
Previously, $TRUMP experienced a surge to $73.43 but has since declined to around $8.
The upcoming unlock could test investor confidence and market resilience, especially given the coin’s association with political figures and ongoing debates about conflicts of interest in crypto regulation.
TRUMP is trading within a broad descending channel, having recently bounced from the lower trendline.
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The price is now testing the descending resistance near $8. RSI has rebounded from oversold conditions, indicating short-term momentum, but remains under 50.
A breakout could open the way toward $10, while rejection risks another leg down.
Arbitrum (ARB)
ARB is expected to undergo a token unlock of 2.01% of its circulating supply, amounting to approximately $27.20 million.
While smaller in percentage than other tokens, the unlock’s impact should not be underestimated.
The token has shown bullish setups; however, low trading volumes could limit potential gains.
Investors should watch for increased activity or announcements that could influence market behavior.
The interplay between the unlock event and broader market conditions will be pivotal in shaping $ARB’s performance in the coming days.
ARB consolidates below descending resistance after rebounding from the lower channel near $0.27.
The Relative Strength Index (RSI) was at the extreme oversold zone at its recent low, hinting at a potential price bottom.
The price is now at a decision point—either break through and aim for the $0.35–$0.42 range or get rejected and revisit the lows.
The upcoming unlock event could catalyze either direction.
Axie Infinity (AXS)
Axie Infinity (AXS), the token behind the popular play-to-earn game, will unlock approximately 9 million tokens on April 12, representing about 5.68% of its total supply.
This unlock, valued at approximately $21.9 million, is primarily allocated to staking rewards and the development team.
The release could influence market dynamics, especially if many of these tokens enter circulation.
Investors should monitor the market’s response to this event, as it may impact AXS’s price trajectory in the short term.
AXS is approaching the upper boundary of a falling wedge after bouncing off support near $2.20.
The RSI is trending upward but remains neutral. A breakout above the descending resistance could trigger a short-term rally toward the $3.08–$3.29 resistance area.
However, failure to break out may result in a continuation of the downtrend. The upcoming token unlock adds fundamental pressure to watch closely.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
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