Token unlocks continue to shape the crypto market, influencing wider sentiment and liquidity. This week, three projects—StarkNet (STRK), TRUMP, and Polyhedra Network (ZKJ)—are scheduled for major unlocks. Both TRUMP and Polyhedra are about to unlock tokens worth more than 20% of their market cap. Here’s what to know.
TRUMP
Unlock Date: April 18Number of Tokens to be Unlocked: 40 million TRUMP (4.00% of Max Supply)Current Circulating Supply: 199 million TRUMP
US President Donald Trump’s OFFICIAL TRUMP meme coin is about to unlock new tokens worth 20% of its market cap. On April 18, 40 million TRUMP tokens will be released, with a combined market value of $338.57 million.
Of this, 36 million tokens (10%) are assigned to Creators & CIC Digital 1, while 4 million tokens (10%) go to Creators & CIC Digital 4.
Overall, with such a massive amount unlocked, this release is likely to impact volatility. TRUMP is currently down more than 30% this month.
StarkNet (STRK)
Unlock Date: April 15Number of Tokens to be Unlocked: 127.60 million STRK (1.28% of Max Supply)Current Circulating Supply: 2.9 billion STRK
StarkNet is an Ethereum Layer 2 scaling solution built with STARK-based zero-knowledge rollups. Its role is to enhance throughput and reduce gas costs. STRK is the network’s native utility and governance token.
On April 15, 127.60 million STRK tokens will be unlocked, representing $16.71 million in value—roughly 4.40% of the current market cap. Of this, 66.92 million tokens (3.34%) are allocated to early contributors, and 60.68 million tokens (3.34%) to investors.
Also, STRK has declined over 26% in the past month and is currently down nearly 100% from its February 2024 all-time high.
Polyhedra Network (ZKJ)
Unlock Date: April 19Number of Tokens to be Unlocked: 15.50 million ZKJ (1.55% of Max Supply)Current Circulating Supply: 60 million ZKJ
Polyhedra Network delivers blockchain interoperability through its zkBridge technology. It enables cross-chain messaging, asset transfers, and storage with zero-knowledge proofs.
The April 19 unlock includes 15.50 million ZKJ tokens, valued at $35.16 million—25.7% of ZKJ’s market cap.
The release consists of 8.47 million tokens (2.65%) for ecosystem and network incentives and 2.61 million tokens (1.74%) for community, airdrop, and marketing.
Meanwhile, 3.61 million tokens will be allocated for foundation reserves, and 800,000 tokens for pre-TGE token purchasers.
Also, ZKJ is currently up 10% over the past month.
Overall, this week’s unlocks collectively introduces over $400 million worth of new tokens into the market. While some projects face downward pressure, others like ZKJ show positive momentum.
As always, traders should monitor token distribution closely to assess potential shifts in market sentiment and liquidity.
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