The unlocks of tokens continue to shape the cryptography market, influencing wider feeling and liquidity. This week, three projects – Starknet (Strk), Trump and Polyhedra Network (ZKJ) – are planned for major releases.
Trump and Polyhedra are about to unlock tokens worth more than 20% of their market capitalization. Here’s what you need to know.
ASSET
Unlock the date: April 18
Number of tokens to unlock: 40 million Trump (4.00% of the maximum offer)
Power supply of current: 199 million Trump
The official play of US President Donald Trump is about to unlock new tokens worth 20% of its market capitalization. On April 18, 40 million Trump tokens will be published, with a combined market value of $ 338.57 million.
From 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 quantity unlocked, this version should have an impact on volatility. Trump is currently down more than 30% this month.
Starknet (Strk)
Unlock the date: April 15
Number of tokens to unlock: 127.60 million STRK (1.28% of the maximum offer)
Power supply of current: 2.9 billion Strk
Starknet is an Ethereum Layer 2 scaling solution built with zero knowledge rolls based on Stark. Its role is to improve flow and reduce gas costs. Strk is the native utility and the network governance token.
On April 15, 127.60 million Strk tokens will be unlocked, which represents $ 16.71 million in value, or 4.40% of current market capitalization. Of this, 66.92 million tokens (3.34%) are allocated to the first contributors and to 60.68 million tokens (3.34%) to investors.
In addition, Strk has decreased by more than 26% in the last month and is currently down by almost 100% compared to its February 2024 summit.
Polyhedra network (ZKJ)
Unlock the date: April 19
Number of tokens to unlock: 15.50 million ZKJ (1.55% of the maximum offer)
Power supply of current: 60 million ZKJ
Polyhedra Network offers the interoperability of blockchain thanks to its ZKBRIDGE technology. It allows transversal messaging, asset transfers and storage with zero knowledge of knowledge.
The unlocking of April 19 includes 15.50 million ZKJ tokens, worth $ 35.16 million – 25.7% of ZKJ’s market capitalization.
The press release consists of 8.47 million tokens (2.65%) for ecosystem and network incentives and 2.61 million tokens (1.74%) for the community, air versions and marketing.
Meanwhile, 3.61 million tokens will be allocated to the foundation reserves and 800,000 tokens for pre-TGE tokens buyers.
In addition, ZKJ is currently up 10% in the last month.
Overall, the unlocking this week collectively introduce more than $ 400 million new tokens on the market. While some projects are facing a pressure downwards, others like ZKJ show a positive momentum.
As always, traders should closely monitor the distribution of tokens to assess the potential changes in market feeling and liquidity.
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