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On 12th December, Layer 1 blockchain network Aptos conducted the release of 25 million APT coins worth over $200 million.

On December 12, Aptos, a blockchain project in Layer 1, started the release of 24.8 million tokens, accounting for 8.9% of its current circulating supply. Token unlockings are often seen as negative events because they boost the asset's supply by releasing coins from a vesting period, which includes distribution to early investors.

Despite the market trading under a bearish influence, the APT price has managed to record profits of over 4% during the past day. The coin has displayed strong positive moves, resulting in the Aptos token adding significant value to its portfolio this year. The APT price traded in a closed space between $6.7628 and $7.

Aptos released over $200 million worth APT tokens, constituting 8.9% of its circulating supply today.

Contrary to the last token unlock in November, when the APT token witnessed a drop in prices, the current token unlock has taken prices significantly higher. What Happened: Founded by ex-Meta executives, Layer 1 blockchain Aptos (CRYPTO: APT) announced the release of 24.84 million tokens that account for 8.9% of its circulating supply.

On Dec. 11, Aptos released 24.84 million APT tokens, 8.89% of its total supply, valued at around $218.8 million. This event coincided with a significant market upturn for Aptos, witnessing a 15.7% increase in value to $8.83 in the 24 hours leading up to 8:10 p.m.

The Layer 1 blockchain Aptos, initiated by former Meta executives, has executed a substantial token release. On December 12, the blockchain network unveiled 24.8 million APT tokens, constituting 8.9% of its circulating supply, estimated at around $201.7 million.

The L1 chain has unlocked 24.8 million APT tokens today, constituting 8.9% of the network's circulating supply.

The crypto market has been rocked by massive token unlocking, with Aptos leading the way by releasing 24.8 million of its APT tokens. This Layer 1 blockchain, founded by former Meta executives , valued at more than $200 million , represented 8.9% of its circulating supply.

Layer 1 blockchain Aptos unlocked 24.8 million APT tokens today — worth over $200 million and representing 8.9% of its circulating supply.

On the brink of a significant event in the cryptocurrency world, Aptos, a renowned Layer 1 blockchain, is gearing up for a major token unlock. Scheduled for December 12, this event will see the release of 24.8 million APT tokens, a considerable 8.9% of its current circulating supply, valued at a striking $195 million.

A bloody crypto market has welcomed the new week with a 4.4% drop in the market cap to $1.64 trillion. The widespread headwinds slashed Aptos price by 4.5% to trade at $7.78 on Monday during US business hours.

Over 24 million APTs worth over $200 million are set to be unlocked. The tokens set to be unlocked make up over 8% of the circulating supply.

Avalanche surged by more than 100% in the last 30 days. Aptos' price only moved by 5% last month, but its market indicators were bearish.

With hundreds of millions at stake, Avery Ching, co-founder of one of the year's most-talked-about new projects, has much to prove.

Nearly $334 million worth of tokens will be unlocked in December, with. Aptos, Optimism, and 1inch introducing a significant amount of new tokens.

After an testnet phase the crypto startup Econia Labs announced its order book is launching on Aptos mainnet.

Layer-1 competition escalates as SUI beats APT in total value locked, now eyeing $1 as the next target.

Thanks to a new collaboration, up to 15 million Web2 gamers will migrate to the blockchain segment and, in particular, Aptos (APT) smart contracts. Representatives of READYgg shared the names of the inaugural cohort of games that will go live on the new technical platform.

Decentralized platform Sushi announced integration with the Aptos blockchain for scalability, security, and improved user experience. In a blog post published on Nov. 20, Sushi announced the first non-Ethereum virtual machine (EVM) chain integration on Aptos.

READYgg and Aptos Labs are set to usher in a new era of gaming by onboarding up to 15 million web2 players into the web3 space.

The collaboration between READYgg and Aptos Labs fosters a sense of community and collaboration within the gaming ecosystem.

The demand for Aptos has declined in the last month. APT's open interest has seen a significant drop since the beginning of November.

Users across 27 blockchains are eligible for the massive drop, which kicks off Monday.