Crypto Token Unlock – Will HYPE and TREE Drop This Weekend?

Key Takeaways

HYPE and TREE are two cryptos facing token unlocks this weekend.
The TREE unlock is larger relative to its circulating supply.
How will HYPE and TREE react to the token unlocks?

A major crypto token unlock weekend is approaching, and traders are closely watching HYPE and TREE.

Hyperliquid and Treehouse will each release millions of tokens into circulation, potentially triggering fresh selling pressure and volatility.

While HYPE benefits from a buyback program, TREE faces a far steeper supply shock, and its price chart already shows signs of vulnerability.

Here’s what the unlocks mean and how both assets may react.

Hyperliquid’s Token Unlock

Hyperliquid will unlock roughly 10 million tokens on Nov. 29, which is less than 3% of the total supply.

This is the first crypto token unlock for Hyperliquid since its Token Generation Event (TGE) on Nov. 29, 2024.

Get These Top Crypto Casino Offers Now!

HYPE Price Bounces

The daily time frame chart shows that HYPE bounced at the $33 horizontal support area on Nov. 23 (green icon).

The bounce was critical since it stopped a downward trend ongoing since September.

Momentum indicators strengthen the price movement.

The Moving Average Convergence/Divergence (MACD) has created a bullish divergence, often leading to bullish trend reversals.

Hyperliquid Crypto — HYPE/USDT Daily Chart | Credit: Valdrin Tahiri/TradingView

However, the HYPE price still faces a critical resistance at $38.

Until it breaks out, the trend cannot be considered bullish.

For now, all eyes are on the resistance trend line and the $32.50 area to see which one gives first.

TREE Token Unlock

TREE will also see an11 million token unlock this weekend, but that is larger relative to the circulating supply.

More specifically, the unlock is nearly 6% of the supply.

Treehouse Unlock — Treehouse Token Unlock | Credit: Tokenomist

Like Hyperliquid, the unlock will mark the start of an inflationary period with a linear monthly vesting schedule.

The inflation pressure will be much higher than HYPE’s, and with no buyback plan in effect, the token price could crash as a result.

TREE Price Action

The TREE price has fallen under a diagonal resistance trend line since July.

While it has made several breakout attempts recently, they have all been weak and have not led to a successful breakout.

Rather, the TREE price created lower highs.

Resistance Pattern — TREE/USDT Daily Chart | Credit: Valdrin Tahiri/TradingView

Today, Treehouse risks a breakdown from the $0.140 horizontal support area.

With the added selling pressure from the token unlock, it is likely that a breakdown will occur.

Hence, the TREE price could fall to a new all-time low soon.

Unlock Adds Selling Pressure

This weekend’s crypto token unlock event puts both Hyperliquid and Treehouse in a critical position.

HYPE faces manageable inflation thanks to its buyback program, but it must still break above $38 to confirm a true bullish reversal.

Conversely, TREE enters the unlock already showing technical weakness, with its price sitting on fragile support and no buyback mechanism to offset selling pressure.

If TREE loses the $0.140 zone, new all-time lows become increasingly likely.

For HYPE, the reaction to $32.50 and the overhead resistance will determine whether bulls can push through the inflation shock.

You May Also Like

Disclaimer: The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.

About the Author

Valdrin Tahiri

Valdrin Tahiri is a cryptocurrency analyst and reporter at CCN, specializing in technical analysis with a focus on Elliott Wave theory, on-chain metrics, and fundamental research. He brings over seven years of experience in the crypto space as both a trader and writer.

He discovered cryptocurrencies in 2017 while earning his MSc in Financial Markets at the Barcelona School of Economics, which sparked a deep interest in blockchain and market dynamics. Since then, he’s contributed to top crypto outlets like BeInCrypto and CoinGape.

Valdrin also served as Community Manager of BeInCrypto’s Telegram group for three years, helping grow it into one of the largest crypto communities worldwide. His expertise in market structure and price patterns allows him to break down complex trends into clear, actionable insights.

He’s published thousands of articles covering altcoins, Bitcoin cycles, and macro trends.

[email protected]

X.com

These 2 Tokens Face the Final Unlocks of November — How Will They React?