Can the copycat market pick up in October-November?

Something that can be significantly noticed is that although the unlocked value of altcoins is currently steadily declining,

But between the end of October and the beginning of November, more than $1.3 billion in altcoins will be unlocked.

Points to note are:

1/ The US$1.3 billion token unlock is mainly based on [Modularity-Modular Track] tokens, with a total of US$900 million.

[Modularity-Modular Track] Tokens will be unlocked during this time period.

The token unlock is mainly released to:

1. Core contribution team 2. Seed round investors 3. Series A investors. Since the target of token release is mainly the team and investors rather than community and ecosystem rewards, the selling pressure is relatively small.

Moreover, as the proportion of positions held by teams and investment institutions increases, the hype for [modular tokens] may intensify, and more marketing and KOLs will turn to modular narratives.

2/ L1 leads the unlocking of US$200-300 million per week

Although the modular sector was unlocked in large numbers in the first week of November, [Layer1] is still the main force in token dilution, diluting the market at a release rate of US$200-300 million per week.

Among them, $SOL produces 10 million U.S. dollars of tokens every day, and $AVAX produces 2.5 million U.S. dollars of tokens every day.

In addition, the monthly token release of $SUI and $APT, which amounts to approximately US$70 million, also significantly dilutes the value of token holders.