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The Aptos price analysis reveals the coin is showing a slightly bullish trend today, with the balance of power still inclined towards the bearish side. The price has slightly increased after getting support at $9.11.
The Aptos price analysis is showing a slight decrease in the price today. The bears have taken the lead again, as the bulls interrupted their slope for a short period of time.
Although APT posted gains of 1.26% in the last 24 hours, it wasn't enough to recoup from all the traders shorting the token. Atleast $3.26m worth of long positions were wrecked out of $4.07m total liquidations over a four-day period.
The Aptos price analysis shows that, the coin has not broken out of the consolidation. The downward break was rejected by the buyers side, and yesterday, the coin resurfaced back to $10.02 after swinging low towards $9.45.
The low sentiment reflected lack of confidence, especially in APT's ability to bounce from the current level. This is backed by low volumes, which also reflect the current state of the market.
With a $2 billion valuation, the highly anticipated Layer 1 blockchain Sui (CRYPTO: SUI) debuted its mainnet on Wednesday. Sui will go up against Facebook spinoff Aptos (CRYPTO: APT) and other significant decentralized financial (DeFi) companies.
The bearish trend is resuming its velocity, according to the Aptos price analysis. Over the past week, the price has significantly decreased, and today's pattern is confirming this trend.
If you missed out on the first airdrop, don't worry - there's more on the way. In this article, we'll explore how to qualify for the next Aptos airdrop.
Today's cryptocurrency landscape features Stacks (STX), Synthetix (SNX), Rocket Pool (RPL), dYdX, Tron (TRX), and Curve DAO Token (CRV) as the top gainers, while Immutable X (IMX), Flare (FLR), VeChain (VET), Hedera Hashgraph (HBAR), Maker (MKR), and Aptos (APT) have encountered losses.
The Aptos Foundation has unveiled its first round of grant recipients, awarding more than $3.5M to 50 project teams focused on scaling the Aptos blockchain. Through the grant, the foundation aims to foster a collaborative and innovative environment for developers and entrepreneurs in the Aptos ecosystem and the broader Web3 landscape.
The Aptos price analysis reveals the price has been trading low since yesterday, with the market having formed lower highs and lower lows. The bears have remained in control during this period, causing a continuous decrease in price.
Starting with Aptos, we can say that the month of the APT token project has not been one of the best. Although the project is largely expanding, the price movements of the last thirty days have been in a negative trend.
The latest Aptos price analysis shows a negative trend for the APT token, which has declined from its peak of $10.67 to its current level of 10.00. The bearish move was preceded by an increase in volume and selling pressure on the market, suggesting that downward momentum could be sustained in the near term.
Binance, the largest crypto exchange in the world by volume, has announced support for new layer-1 blockchain Sui Network (SUI). In a new announcement, Binance says it will launch SUI on its Launchpool platform, which allows users to stake coins in exchange for new ones.
The company behind layer-1 blockchain Aptos (APT) is working with payments giant Mastercard to improve trust in on-chain financial transactions. Aptos Labs says it is part of the team behind Mastercard Crypto Credential, a framework that aims to establish common standards for attesting interactions on blockchain networks.
The solution aims to offer different consumer and business verification needs based on market and compliance requirements.
Payments giant Mastercard is collaborating with a handful of layer-1 altcoin projects to create common crypto standards. In a new press release, the credit card giant says that it's teaming up with Ethereum (ETH) rivals Solana (SOL), Aptos (APT), Polygon (MATIC) and Avalanche (AVAX) to bring more trust to blockchain transactions.
In the daily time frame chart, the Aptos coin price shows the formation of descending triangle pattern. In theory, this pattern is a bearish continuation that intensifies the selling momentum if the coin price breaks the pattern's neckline support.
As part of a Crypto Credential partnership, Aptos Labs, the development entity behind L1 blockchain Aptos (APT) will support the adoption of Mastercard's solutions in the crypto ecosystem.
In today's volatile crypto market, certain projects have made significant gains while others have experienced substantial losses. The day's top gainers include ICP, APT, Cake, DYX, SOL, and LUNA, while the top losers are FXS, INJ, IMX, TON, WOO, and ARB.
According to the current Aptos price analysis, the coin seems to be under consolidation, with bearish pressure clearly visible. The price has slightly decreased to $10.36, and more deficits may follow during the day.
Google is partnering with 11 blockchain firms for a Web3 startup program. The program will provide Web3 startups with support and tooling.
APT hits a three-month low due decreased network activity, leaving crypto traders confused.
Analyst Jack Niewold recently made a bold claim, stating that Arbitrum (ARB) will inevitably flip prominent cryptocurrencies such as Hedera, Aptos, Stellar, ICP, ETC, LEO Token, Avalanche and XRP. According to Niewold, ARB provides investors with exposure to unliquidatable leveraged ETH beta while outperforming other assets, especially during the current period of elevated Ethereum fees.
