In October, the crypto market experienced a bullish surge, but the final week saw altcoins facing significant drawdowns. As November begins, investors are keeping a close eye on three altcoins with major token unlocks scheduled for the first week, which could impact the market.

Aptos (APT) has seen an 18% decline in the past five days, and it is currently trying to hold above a crucial support level at $8.23. An upcoming token unlock on November 11 is expected to release a large number of APT tokens, introducing volatility to the market.

Cardano (ADA) has been facing challenges in sustaining momentum, as it trades below the critical support level of $0.339. An upcoming token unlock of ADA is expected to introduce volatility similar to recent events, potentially triggering short-term fluctuations in price.

BANANA has failed to break past a resistance level at $63.49 and has since declined. An upcoming token unlock of BANANA is expected to significantly increase supply and impact market sentiment.

Investors will be watching these altcoins closely, as token unlocks often lead to short-term price fluctuations and could affect the overall market.



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