Bitcoin's range-bound action looks set to continue, but SUI, APT, TAO, and WIF could rally higher over the coming days.
Aptos, a layer 1 blockchain platform, saw its native token record an impressive rally, gaining strong focus from short-term traders. Aptos (APT) surged 20% in the past 24 hours and is trading at $10.24 at last check Sunday.
Bitcoin's price remains calm at around $63K but some altcoins are charting massive gains.
A look at Aptos and its latest network achievements, as well as an assessment of the potential impact on APT's price action.
ETC Group, a Bitwise-owned London-based fund issuer, examined the possibility of Solana and Aptos becoming the next Ethereum in its latest newsletter. Their analysts revealed that while these two chains have grown and enjoyed momentum, Ethereum is still the overall leader according to ETC Group's Network Dominance Index.
ETC Group advised investors to hold Ethereum (ETH), Solana (SOL), and Aptos (APT) due to their strategic importance in the layer-1 blockchain space in an Oct. 8 report. As Ethereum faces mounting competition from newer blockchains, the report highlighted the importance of evaluating the market's recent conditions and long-term performance.
A widely followed crypto analyst is staying bullish on Bitcoin (BTC) while updating his outlook on layer-1 blockchain Aptos (APT) and one memecoin that has printed massive gains during the last 10 months.
The cryptocurrency universe prepares for another bearish market wave for certain altcoins, raising investor concerns globally. Recent data from the Token Unlocks app indicated that nearly $300M worth of tokens are set to be released into the market over the coming week.
Despite a recent drop, the market outlook for APT remains optimistic.
Aptos (APT) is making waves in the cryptocurrency market, showcasing significant bullish momentum that has caught the attention of both day traders and long-term investors. Recent price movements indicate that APT is on a strong upward trajectory, but the critical question remains: can it sustain this climb, or is a market correction on the horizon?
APTOS Unlock date - Oct 11th 2024 Number of tokens unlocked- 11.31 million APT (2.25% of its circulating supply) Current Circulating Supply - 503.5 million APT billion OP Previous token unlock - Sep 11th, 2024 Aptos is an independent Layer 1 blockchain platform focused on safety and scalability driving growth within a decentralized network and developer ecosystem.. Token distribution Community - 3.21M tokens (0.63%) Core contributors - 3.96M tokens (2.08%) Foundation - 1.
Aptos (APT) has emerged as a noteworthy player in the cryptocurrency landscape, having recently surged an impressive 112% over the past two months. As the altcoin market begins to recover from recent lows, Aptos is currently positioned at a pivotal moment.
Market intelligence firm DappRadar says that layer-1 crypto projects Sui (SUI) and Aptos (APT) emerged as the standout performers in the decentralized finance (DeFi) space in Q3 of 2024.
After a considerable surge for relatively new layer 1 networks $SUI and $APT, both have been cooling off over the last two or three days. With both coming down to support, could the next bounce be about to take place?
A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) while offering his outlook on three altcoins.
Uniswap's native token has defied the broader market sentiment, with a 6.5% daily increase.
Aptos shows strong growth in TVL, staking, and user adoption, signaling bullish potential.
Aptos (APT) could see further price increases with just two days remaining before a major cliff token unlock. Over the past week, APT's price has climbed 20%, nearing the $10 mark.
Aptos (APT) has recently made headlines by recording a remarkable 14% price increase over the past week. This surge caught the attention of traders and investors alike, especially as the digital currency market continues to fluctuate.
FTM, TRX, and APT show gains, while analysts project a long-term bullish outlook for BTC.
SUI and Aptos (APT), both of which are on an upward trajectory. With SUI recently surpassing the $2 threshold and Aptos approaching the significant psychological level of $10, there's growing speculation about their potential to spearhead the next rally in the crypto market this October.
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Aptos' bullish momentum is on the rise, and many factors might be in play here.
The co-founder of Aptos (APT) believes that the layer-1 crypto project is on the verge of massive mainstream adoption. In a new interview with crypto influencer Scott Melker, Aptos CEO and co-founder Mo Shaikh says that the speed of the Aptos network makes it a highly attractive blockchain for payments.
Aptos (APT), one of the most discussed novel L1 blockchains of 2023-2024, is yet again leaving competitors in the dust with its token. The upsurge might be driven by both marketing hype and business development accomplishments.
Despite a minor pullback in Bitcoin under the $63k level, resulting in a deceleration in altcoins, SUI and APT continue to rise. With SUI surpassing the $2 mark and Aptos nearing the $10 psychological milestone, the upside potential in these two crypto is massive.
Aptos (APT) price has surged nearly 14% in the past seven days, yet signs of uncertainty are emerging as key indicators suggest a potential shift in momentum. While bulls have maintained some control during this recent rally, recent signals point to a weakening trend that could lead to consolidation or even a reversal.
The cryptocurrency market is gearing up for a major event as Optimism (OP), Aptos (APT), and Taiko (TAIKO) prepare for token unlocks collectively valued at $169.66 million. According to data from TokenUnlocksApp, millions of dollars worth of cryptocurrencies will flood various ecosystems this week, which could further amplify the prevailing selling pressure.
In the DeFi space, many people look for projects that could replicate or even surpass the success of top crypto coins. One such project that everyone is talking about right now is DTX Exchange (DTX), a DeFi coin now in phase three of its presale.
TL;DR Aptos (APT) will unlock $99.30 million worth of tokens this week, part of a broader trend with over $451 million in token releases scheduled between October 8 and October 14, 2024. This unlock represents 2.25% of Aptos' circulating supply, with other notable unlocks including Optimism (OP), TAIKO, XAI, and Cardano (ADA), varying from 0.
Among the altcoins, $SUI and $APT put on two impressive runs over the last several days that took them both to gains of at least 10% for the week. Can these positive gains be maintained going forward?
According to data from TokenUnlocks, over $451 million worth of tokens are scheduled for release between October 8 and October 14, 2024, with Aptos (APT) leading the pack. Aptos (APT) is poised to release the largest amount of tokens in terms of value.
Bitcoin's recovery above $62,000 is having a positive impact on altcoins, boosting prospects of a rally in APT, WIF, FTM and BGB.
Three cryptocurrencies will unlock nearly $150 million worth of tokens, potentially flooding the market with increased supply pressure. Speculations on the outcome of such massive inflation could bring uncertainty and increase the risks of trading these tokens.
With the altcoins market, excluding Bitcoin and Ethereum, crashing under $600M, bearish clouds turn darker over crypto. Amid such conditions, a fresh recovery day with BTC hitting $62k shows a relief jump in altcoins. Further, despite the global tensions heating up, these altcoins are teasing a bounce back next week.
APT has posted a significant rally in recent days, boosting trader confidence.
Despite Bitcoin's shaky start to October, APT, POPCAT, and SUI led the weekly gainers list.
Bitcoin (BTC) has maintained its position above the critical $60,000 support level, even as many altcoins face significant downward pressure. Bitcoin's resurgence has propelled its market dominance to levels not seen in nearly three years, highlighting a clear divide in performance between Bitcoin and the broader cryptocurrency market.
Aptos' explosive network growth and rising social dominance could fuel a major price surge.
Aptos (APT) has seen an impressive 8.8% increase in its value over the past 24 hours. This surge comes despite prevailing market fears and volatility, highlighting Aptos' resilience as it holds above crucial support levels.
Despite registering a 43% price increase in the last 30 days, Aptos (APT) price could be gearing up for another phase of explosive growth. This is largely due to the incredible surge in volume within the last few days.
Render joined Aptos as a top performer, gaining 6.3%.
With billions wiped off the crypto market over the past few days, decoupling from the general trend is setting Aptos (APT) apart. Today, Aptos is the most profitable of the top 50 digital currencies by market cap after soaring by 12.5% in the past 24 hours.
Aptos (APT) soared over 10% in the last 24 hours following Aptos Labs' acquisition of HashPallete. The token is leading the market after becoming the largest gainer among the top 100 cryptocurrencies by market capitalization.
AAVE, APT, and BEAM are the top performers from the largest 100 alts today.
Aptos price looks promising after the asset broke out of an extended consolidation zone. APT price today is 1.1% up, trading at $8.28, while the entire crypto market is down 5% due to Bitcoin price sliding below the $60,000 mark late on October 3.
Aptos (APT) has shown resilience during the recent market downturn by outperforming Solana (SOL) in terms of price appreciation. Aptos has shown decent resilience in recent market conditions.