The global crypto market has gone up a lot because there are too many buyers. Aptos ($APT) continues to benefit from the recent rally as a layer 1 proof-of-stake (PoS) cryptocurrency. CoinGecko says that on January 26, the price of $APT hits a new all-time high (ATH) of $19.92.
Even though bearish people have caused problems in the crypto industry, some of the most popular digital assets have continued to rise over the past week. Aptos is going against the trend when popular tokens like Bitcoin ($BTC) and significant altcoins are having trouble gaining value.
Aptos (APT), a layer-1 blockchain, got millions of dollars in funding and worked on its technology for four years before it launched its mainnet on October 17, 2022. Aptos is also known for how flexible it is, and it is slowly becoming a competitive alternative to Ethereum ($ETH). Aptos has been one of the cryptocurrencies with the most significant price increases since the day it was released.
On October 19, 2022, Aptos’s first ATH was set at $13.73. After that, $APT starts trading at low prices because the whole cryptocurrency market is going down. On social media, there is a lot of talk about Aptos right now. The price was stable between $12 and $14, but when it jumped up to $19, a bullish trend became apparent.
At the time this was written, CoinGecko said that Aptos was trading at $17.80 and had a market cap of $2 billion. In just 7 days, $APT went up by more than 125.5%, and in the last two weeks, it went up by 171%. Aptos also had a good season in the past 30 days, with a rise of about 395.7%. But in the last 24 hours, the value of $APT has dropped by about 7%.
Also, the chart for the popular altcoin Polygon ($MATIC) shows that it is trading in green. At the time of this writing, $MATIC is worth $1.10, which is a 9% increase from the day before. In the last week, Polygon also went up by 15%.
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