Aptos (APT) rallied to $13, setting a new all-time high (ATH).
Ethereum scaling and smart contracts platform Aptos attracted a lot of attention by hitting the market towards the end of last year. The project, which received an investment of more than 250 million dollars, gave its priority to creating an ecosystem. Using the recession of the crypto bear market as an opportunity, Aptos tried to carry out the token unlock and network developments in a healthy way. In this process, the price of APT, which fell to the level of $ 3 22 days ago, rose to $ 13, reaching a new all-time high.
Why Is Aptos (APT) Rising? APT Coin Review
Since its launch, Aptos (APT) has continuously invested in ecosystem improvements. The popular crypto project continued its work on blockchain developments, NFTs, DApps, smart contracts, and Web3. The Ethereum scaling and Tier-1 platform is starting to reap the benefits of their work.
Solana (SOL) was adopted by a large crypto audience when it was released. Almost the entire crypto industry used the term Ethereum killer for Solana. On the other hand, Aptos is experiencing rapid expansion and growth just like Solana. Aptos, which is called the new Solana killer and pioneer crypto money, has also managed to create a unique community in a very short time.
Taking solid steps, the project reaped the fruits of these moves with ATH at APT price. The project, which has a strong community behind it and develops its ecosystem day by day, has the potential to be in important places in the long run.
Aptos (APT) Chart Analysis, How High Will APT Go?
Smart contracts and Tier-1 project Aptos (APT) has come to the fore by creating a new all-time high (ATH). APT, which has become the most popular cryptocurrency in the last few days, has managed to rise up to $ 13.
A big rally is taking place on the APT side. The price managed to climb to the $13 level by making a new ATH. APT, which has no obstacles in front of it, has not yet completed its rapid rise with a correction. At this point, a decline can be expected after a point for the rising chart with consecutive vertical candles.
Aptos also came to the fore in social media metrics. The popular project has become one of the most talked about cryptocurrencies on social media. This could also mean supporting the uptrend. However, if a rising cryptocurrency is talked about a lot, it may be subject to correction somewhere.
Apt put the ATH level of $13 into the current resistance point. Breaking this resistance point may lead us to see strong and rapid rises in hourly candles. APT above $13 could target $14 as a new ATH point.
On the other hand, inflated price and non-correction situations put a pullback to the support points for APT on the table. APT could visit the $11 and $10.32 support levels if it makes a possible correction. Even though APT drops to around $10, things will not turn negative due to the rising trend from $3. However, if it dips below the $10 level, the support at $8.25 becomes important. Breaking this point also brings the big support point, $7, to the fore.
Aptos (APT) Market Cap and APT Token Offering
Tier-1 project Aptos (APT) has bloated market conditions due to its rapid rise. In addition, APT has literally become a mystery box with its 85 percent locked token supply.
With a market value of up to $2 billion, Aptos has become one of the top 30 cryptocurrencies in terms of market capitalization. APT stands out as a cryptocurrency with regular token unlocks and constantly increasing its circulating supply.
With a total supply of 1 billion units, Aptos is traded with a circulating supply of close to 159 million. The remaining amount of tokens is locked to be unlocked on certain dates. The amount of these locked tokens is close to 85 percent. In addition, the total value of the locked tokens is at the level of 10.8 billion dollars.
In addition, the latest status of the Aptos rally, the current price of APT is as follows;
aptos (APT)
5105
