⇗ Aptos Coin: Can the New Altcoin Overtake the Market?

With the cryptocurrency market showing signs of volatility, the spotlight is on both altcoins and meme coins. Aptos (APT) is garnering significant attention, with numerous figures including BitMEX co-founder, Arthur Hayes, predicting its potential to overtake Solana (SOL). Aptos has recently partnered with NBCUniversal for Web3 fan experiences and gaming, which is anticipated to be a major growth driver. It also seeks to integrate Chainlink's CCIP and data feeds bolstering its decentralized app development initiatives.

Apart from Hayes, CertiK, a security auditing firm, has found a significant security flaw within the Wormhole bridge on Aptos worth $5M. Hence, despite Hayes’s bullish outlook, not all news surrounding Aptos is positive. Aptos, alongside other altcoins, has struggled despite Bitcoin and Ether maintaining their near yearly highs. Ex-Google exec will bring Web3 to the masses as a new Aptos Labs adviser, and Lotte subsidiary has partnered with Aptos to build a Web3 hub.

Incorporating BNB Chain, Aptos eyes the meme coin projects, along with a $1M InQubeta presale. Aptos Labs CEO has been appointed to the CFTC's Digital Assets Committee. Binance Research is exploring current Aptos boom and has also joined Chainlink for cross-chain integration. Despite a bearish trend, the crypto market is expecting Aptos to rally 20% to its all-time high.

Aptos Coin News Analytics from Fri, 15 Sep 2023 07:00:00 GMT to Tue, 25 Jun 2024 10:52:13 GMT - Rating 4 - Innovation 5 - Information 5 - Rumor -5