Aptos Coin, or APT, is seeing a series of ups and downs in the market. Starting with a meme-induced
price surge of 17%, the coin later witnessed a
5% dip, but it recovered soon after. The price surge has been ascribed to the coin's active community support. The
USDC stablecoin by Circle has officially migrated to the APT network–loved by traders–which spurred a price rebound and increased active addresses, making the coin available in portfolio management app, Ledger Live. PACT protocol has also begun operating on the network. With price projection touching $10 per token, a
major price correction is feared due to the expected unlocking of $116M tokens. APT has furthermore received robust support, having
integrated Stripe's Payment Services and Chainlink for bolstered security. Despite some minor slumps, APT price rose by
10% hitting a six-month high, gaining momentum chiefly because of expanding institutional adoption. Nevertheless, experts warn of an impending bearish scenario due to another token unlock. While some forecast an APT reach of $20 due to rising on-chain activities, others foresee a rally above $19. In the meantime, Stripe is launching support for APT in their crypto products, with USDT also going live on APT.
Aptos Coin News Analytics from Thu, 05 Sep 2024 07:00:00 GMT to Tue, 25 Feb 2025 13:00:46 GMT -
Rating 5
- Innovation 6
- Information 7
- Rumor 2
