CandleFocus Aptos (APT) Becomes Best Performer in Top 100 Again: Possible Reasons
2024-10-08
Author: Content Editor
The native cryptocurrency of Aptos L1 blockchain, Aptos (APT), has experienced significant growth, with its price increasing by almost 7.5% in the last 24 hours. Its market capitalization reached $4.62 billion, and it outperformed other large-cap coins like Pepe (PEPE) and is ready to challenge Bittensor (TAO). APT also saw liquidations exceeding $1.3 million, with short positions losing over $650,000. The surge in price coincides with a relatively stagnant day in the crypto markets, with the overall market capitalization decreasing by 1.3% and Bitcoin (BTC) and Ethereum (ETH) experiencing losses. The growth of Aptos (APT) can be attributed to marketing efforts, such as founder Mo Shaikh's appearance on a popular crypto podcast, and recent partnerships and deals that have increased its utility and exposure.
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