Traders, Be Careful! Large Token Unlocks Coming for TAO, DOGE, SUI, and Other Cryptos

Crypto expert Wu Blockchain has reported major token unlocks scheduled between April 21 and April 28, with the total value exceeding $235 million. These unlocks span a range of notable cryptocurrencies such as TAO, DOGE, SOL, WLD, TRUMP, and SUI. As new tokens enter circulation, these events could influence price activity across the broader crypto market.

The data, compiled by Tokenomist, highlights both cliff unlocks, where tokens are released in a single batch, and linear unlocks, where tokens are gradually distributed over time.

Cliff Unlocks vs. Linear Unlocks

Large Token Cliff Unlocks (4/21–4/28): Tokens that will experience a sudden or cliff unlock, where a large portion is released at once.

Two tokens are set for cliff unlocks this week: VENOM and ALT.

VENOM will release 59.26 million tokens, valued at $8.25 million, which equals 2.86% of its unlock supply.

ALT is scheduled to unlock 240.10 million tokens, worth $7.09 million, representing 7.92% of its supply.

Cliff unlocks tend to introduce a sharp increase in token supply. Depending on market demand and liquidity, these events may cause short-term shifts in price and trading volume.

Large Token Linear Unlocks (4/21–4/28): Tokens that will experience a gradual release over time (linear unlock).

A wider set of projects will see linear unlocks exceeding $1 million in value over the next seven days.

SOL will unlock 465.77K tokens worth $66.03 million, though this represents only 0.09% of its circulating supply.

WLD will release 37.23 million tokens, valued at $29.47 million (2.92% of supply).

TRUMP will see a release of 3.45 million tokens, worth $28.76 million (1.73%).

TIA, DOGE, and TAO will unlock tokens valued between $15 million to $18 million, with TAO’s share representing 0.59% of the circulating supply.

SUI, DOT, IP, and JTO will also distribute token amounts valued between $7 million and $9 million, ranging in supply impact from 0.12% to 1.06%.

These linear unlocks incrementally add liquidity over the week, offering a more controlled release compared to cliff unlocks.

Market Impact and Watchlist for Traders

Token unlocks play a key role in influencing market liquidity. While cliff unlocks create a sudden shift, linear unlocks can gradually impact price stability. Traders monitoring projects like TAO, DOGE, and SUI should take note of these supply inflows.

Wu Blockchain’s report, sourced from Tokenomist, draws attention to a combined value of over $235 million entering the market through these unlocks. The scale of these releases signals a potentially active trading week, particularly for assets with higher unlock percentages.

As the events unfold, traders are expected to track supply movements and adjust strategies based on market response.

Read Also: Render Token Just Flipped a Key Level – How High Can RENDER Price Go in May?

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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