Massive Token Unlocks Incoming: 3 Altcoin You Need to Watch This Week!

Updated

April 21, 2025

Gambar Massive Token Unlocks Incoming: 3 Altcoin You Need to Watch This Week!

Jakarta, Pintu News – Next week will see an important token unlock that could potentially affect the price movements of several altcoins.

Some projects such as Fetch.ai, Metars Genesis, and Venom will add new supply to the market, coinciding with their price positions approaching crucial technical points.

Traders and investors are advised to keep an eye on this development, as token unlocks often trigger increased volatility and changes in trend direction.

This analysis will discuss the signals shown by the price chart ahead of the unlock moment.

Metars Genesis (MRS)

On April 22, 2025, Metars Genesis is scheduled to unlock approximately 10 million MRS tokens (worth approximately $128 million), which represents approximately 12% of the total token supply.

Most likely, the tokens to be released will come from allocations for early investors or the project team, given that about 97% of the total MRS supply has already been released before this event.

The large influx of new supply – equivalent to more than a quarter of the outstanding MRS market capitalization – is an important factor that could trigger selling pressure as the market tries to absorb this additional supply.

Typically, traders expect increased price volatility when a large unlock occurs, and in past similar projects, large-scale unlocks were often followed by a short-term price drop before stabilizing again.

However, this unlock could also be a step towards finalizing the MRS vesting schedule, which means there will be less potential supply pressure in the future. This opens up the possibility of the market finding a new equilibrium after the unlock event.

As of April 18, 2025, the price of MRS is consolidating around $12.40, having formed a descending wedge pattern since the peak last March.

The price movement is nearing the top of the wedge, suggesting that a breakout is imminent. In case of an upward breakout, the upside targets are in the $28-$32 zone, while in case of a downward breakdown, the price risks falling below $11.

The RSI is currently at neutral levels, around the 50 mark, indicating that there is no strong tendency towards bullishness or bearishness.

The upcoming token unlock is expected to be an important catalyst, whether to encourage an upward breakout or to trigger a rejection from the resistance area.

Venom (VENOM)

Venom is scheduled to unlock approximately 59 million tokens (worth approximately $7.7 million) on around April 25, 2025.

This equates to about 2.9% of the circulating supply, likely from scheduled allocations to teams or ecosystem development.

Although the 2.9% increase in supply is smaller than other large unlocks, this additional liquidity could still put pressure on the price if token holders decide to sell.

Venom is a relatively new layer-1 project, so its price movement history is limited. However, investors should keep in mind that even small unlocks can trigger caution in the short term.

The impact on the market may be mild if demand is able to absorb the new supply. However, it does not rule out a temporary price drop as the market adjusts.

Technically, VENOM is currently (18/4/25) in the middle of a wave (iv) correction structure, after experiencing a parabolic rise from February to early April.

Price is now testing the rising trendline around the $0.12 level. If there is a bounce from this area, VENOM could potentially continue wave (v) with a target to the $0.15-$0.16 zone.

Conversely, if this trendline support fails to hold, the price could retrace towards the 0.382-0.5 Fibonacci level in the $0.11-$0.095 range. Currently, the RSI is showing a weak condition but is still above the oversold zone.

Fetch.ai (FET)

Around April 27, 2025, Fetch.ai is scheduled to unlock about 3.2 million FET tokens (worth about $1.5 million), which is a very small share, only about 0.12% of the total supply.

With around 78% of the total FET supply already in circulation, this unlock is likely to be one of the final stages of the vesting schedule for teams, investors, or the community.

In general, the impact of this unlock is relatively small compared to other large-scale unlocks. However, the additional supply in circulation can still put a little pressure on price movements.

In the case of FET, history shows that previous releases of small amounts of tokens like this have not affected the price much, as the market’s strong liquidity and volume were able to absorb the additional supply smoothly.

Barring an unexpected massive selloff, this scheduled unlock is not expected to significantly alter the price trend of FET. Even so, traders will still be watching for possible subtle changes in momentum.

Technically, FET has completed the W-X-Y-X-Z corrective pattern, with wave Z reaching the bottom in early April.

The breakout of the descending wedge pattern indicates a potential trend reversal.

As of April 18, 2025, the price is testing the resistance area around $0.51. In the event of a successful retest, FET has the opportunity to continue rising towards the $0.75 area. The RSI is above the 60 mark, indicating strong bullish momentum.

However, if it fails to break the resistance, there is a possibility that the price will experience a temporary correction to the $0.44 range before resuming the uptrend.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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