Token Unlock Countdown: Will These Altcoins Crash Under Pressure?

TLDR

• Hyperliquid is scheduled for a cliff unlock worth $251 million which is the largest among all altcoins this week.
• SUI, EIGEN, OP, KMNO, ENA, ZORA, and SVL will each unlock tokens valued above $5 million.
• Solana, Worldcoin, Dogecoin, Avalanche, and others will undergo large linear unlocks during the same period.
• The total value of all scheduled token unlocks for the week is projected to reach $585 million.
• Investors are expressing concerns over potential selling pressure as large volumes of altcoins enter circulation.

Multiple altcoins will see token unlocks exceeding $585 million within seven days, potentially impacting market activity and sentiment. Data from Wu Blockchain highlights upcoming cliff and linear unlocks for several projects. Market participants are reacting to the scheduled increases in circulating supply for these altcoins.

HYPE Set for Highest Cliff Unlock

Hyperliquid (HYPE) leads the chart with a projected cliff unlock worth $251 million this week. Cliff unlocks release large token amounts at once, affecting immediate market dynamics. HYPE’s price stands at $25.61, down 56% from its all-time high of $59.

The sharp increase in supply could create temporary price pressures, depending on holder behavior. Some HYPE investors may delay sales due to market conditions or long-term plans. Still, market watchers expect volatility once these altcoins enter circulation.

“HYPE’s unlock size presents higher shock risks due to its sudden nature,” Wu Blockchain noted in its post. Many users on X expressed concerns about possible selloffs from early holders. However, others believe large holders might hold through current lows.

SUI, EIGEN, OP, and Others to Unlock Over $5M

Sui (SUI), EigenCloud (EIGEN), Kamino (KMNO), Optimism (OP), Ethena (ENA), ZORA, and SVL will unlock tokens worth more than $5 million each. These altcoins will expand circulating supply but not all unlocks follow the same pattern. SUI trades at $1.46, while OP stands at $0.28.

EIGEN is priced at $0.39, with KMNO and ENA valued at $0.0531 and $0.21, respectively. These unlocks might pressure their prices based on market liquidity and demand. Each token’s community remains alert for unexpected movements.

Linear unlocks usually have a slower release, reducing potential shock. However, when large volumes are involved, attention remains high. Early investors and contributors hold many of these altcoins under vesting schedules.

ZORA and SVL will also see releases this week with values exceeding the $5 million mark. The unlocked assets belong to insiders such as developers, early backers, or project teams. Wu Blockchain stated that these schedules have existed since the projects’ launch.

Solana, Worldcoin, Dogecoin Among Linear Unlocks

RAIN, Solana (SOL), Trump (TRUMP), Worldcoin (WLD), Dogecoin (DOGE), Avalanche (AVAX), and Aster (ASTER) will see large linear unlocks. These altcoins follow gradual release timelines, easing market absorption. However, market participants still watch unlock trends closely.

SOL currently trades at $125.1, down 57% from its peak of $294. WLD and DOGE are priced at $0.51 and $0.13, respectively. AVAX is at $12.71, while ASTER stands at $0.70.

Linear unlocks continue over time, giving the market room to adapt. Even with gradual releases, traders remain aware of shifting supply dynamics. “Selling pressure could rise if investors choose to exit positions,” said one comment on Wu Blockchain’s post.

The Official Trump token sits at $4.95, while RAIN’s price details remain undisclosed. These altcoins form part of the $585 million expected unlock wave. Their respective price reactions may vary based on broader market behavior.

As of now, the global crypto market cap has dropped by $1.2 trillion since early October. This ongoing decline adds pressure on altcoins facing fresh supply. The total unlock volume for the week stands confirmed at $585 million.

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