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As the world of cryptocurrency continues to evolve and expand. Investors are always on the lookout for the next big thing.

APT's price action has retreated to a VPVR's key value area of $12.2, which could expose it to aggressive buying, especially if BTC goes beyond $30.4k.

Aptos wants to solve the challenges faced by DeFi traders, NFT collectors, and dApp developers. Hence, it has been engaging in numerous upgrades.

Tech billionaire Elon Musk is once again making waves on crypto Twitter, sending two digital assets on rallies by mentioning them. In a since-deleted tweet screen captured by CoinGecko, the Twitter chief executive wrote a message referencing layer-1 protocol Aptos (APT), sending the Ethereum (ETH) competitor's price soaring.

Thala Labs, which made its debut on the Aptos mainnet just a week ago, was already the largest protocol on the chain in terms of TVL, providing significant impetus to its DeFi activity.

Soon after Elon Musk's tweet, the Aptos token clocked a total trading volume of $460 million. On the technical chart, APT has formed a bullish pattern and could rally even further.

The Chief Twit makes another boss move, which plays out rather unconventionally.

Aptos (APT) surged by 7.4% on Friday after Twitter CEO Elon Musk tweeted “AI APT OTT!” before deleting it one hour later.

Ethereum's (ETH) rally above $2,100 after the Shanghai hard fork has kicked off the altcoin season, according to Crypto Twitter. In addition to ETH, numerous altcoins are posting double-digit gains over the past 24 hours, while Bitcoin has seen a moderate rise.

Elon Musk continues to cause a stir on Twitter with his sometimes harsh, sometimes ambiguous, but always attention-grabbing remarks. Thus, recently, his tweet about the Aptos token caused a 7% increase in its value within minutes.

Elon Musk is no stranger to making odd tweets that inadvertently affect the prices of major crypto assets and stock prices. His latest mentioned ‘APT,' the symbol used for the web3-focused Aptos.

After the latest token unlock, APT fell victim to a price correction. Despite the growth in the NFT space, APT investors could expect the bears to control the token's price in the near term.

Aptos is handing out millions in the hopes of convincing more people to use its blockchain.

Aptos (APT) declined roughly 4% in the last 24 hours to $11.2452 at the time of writing, according to CryptoSlate data. The value decline was majorly caused by the imminent unlock of 4.5 million APT tokens which analysts have predicted would increase the selling pressure on the asset.

Aptos, a Layer 1 blockchain platform, has recently announced updates that promise enhanced security and lower transaction costs, making it an attractive option for users seeking secure and efficient alternatives in a rapidly changing financial landscape. Meanwhile, the ongoing US banking crisis has drawn attention to the potential of cryptocurrencies as a reliable and robust financial solution, with JPMorgan acknowledging the crypto ecosystem's vindication in the face of traditional banking failures.

Regardless of the global crypto market's current bullish trend, as of Wednesday (April 12), roughly 4.5 million Aptos (APT) tokens will be released into circulation. This release or token unlocked will occur at 05:30 UTC tomorrow and could hurt APT's price action.

Aptos price has surged by more than 7.5% today to trade at $11.87 correlating with today's Bitcoin price surge that saw it jump above $30,000 for the first time in ten months. Today's Aptos price surge has pushed APT to double-digit gains in the monthly charts.

The unlocking of 0.5% APT tokens could cause price to drop below $7.50 resistance area.

Aptos rides the Bitcoin wave with nearly perfect price correlation, but a $53M unlock is just around the corner.

Selling pressure is expected to increase with the upcoming token unlock.

Millions of APT tokens will be unlocked on Wednesday, April 12 at 05:30 UTC, according to data.

In a planned move, around 0.5% of the total token supply will be unlocked on Wednesday.

Aptos (APT), a recently launched cryptocurrency, has formed a symmetrical triangle pattern on its price chart, which could be an indicator of an upcoming spike in volatility. The chart pattern is commonly observed in various financial markets and often signals a period of consolidation before a significant price movement in either direction.

Crypto analyst Ali has spotted an interesting pattern on the Aptos/USD daily chart. He notes that Aptos has formed a bull flag on its daily chart.