Token Unlocks Apr 21 Levels UDS, ALT, VENOM, XMW, HOOK

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 weeks 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.

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.

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.

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. Its 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.

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.

Strong demand supported the uptrend, especially above $0.1120. Immediate resistance lies at $0.1210, while $0.1170 could now flip to support.