Bitcoin
Bitcoin (BTC)
$98,407.00 2.50405
Bitcoin price
Ethereum
Ethereum (ETH)
$2,763.87 4.73949
Ethereum price
BNB
BNB (BNB)
$668.56 -0.49302
BNB price
Solana
Solana (SOL)
$203.41 5.19173
Solana price
XRP
XRP (XRP)
$2.76 12.4228
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000171 5.2221
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000106 10.64419
Pepe price
Bonk
Bonk (BONK)
$0.0000193 10.76535
Bonk price
dogwifhat
dogwifhat (WIF)
$0.780912 30.63984
dogwifhat price
Popcat
Popcat (POPCAT)
$0.36688 21.15404
Popcat price
Bitcoin
Bitcoin (BTC)
$98,407.00 2.50405
Bitcoin price
Ethereum
Ethereum (ETH)
$2,763.87 4.73949
Ethereum price
BNB
BNB (BNB)
$668.56 -0.49302
BNB price
Solana
Solana (SOL)
$203.41 5.19173
Solana price
XRP
XRP (XRP)
$2.76 12.4228
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000171 5.2221
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000106 10.64419
Pepe price
Bonk
Bonk (BONK)
$0.0000193 10.76535
Bonk price
dogwifhat
dogwifhat (WIF)
$0.780912 30.63984
dogwifhat price
Popcat
Popcat (POPCAT)
$0.36688 21.15404
Popcat price
Bitcoin
Bitcoin (BTC)
$98,407.00 2.50405
Bitcoin price
Ethereum
Ethereum (ETH)
$2,763.87 4.73949
Ethereum price
BNB
BNB (BNB)
$668.56 -0.49302
BNB price
Solana
Solana (SOL)
$203.41 5.19173
Solana price
XRP
XRP (XRP)
$2.76 12.4228
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000171 5.2221
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000106 10.64419
Pepe price
Bonk
Bonk (BONK)
$0.0000193 10.76535
Bonk price
dogwifhat
dogwifhat (WIF)
$0.780912 30.63984
dogwifhat price
Popcat
Popcat (POPCAT)
$0.36688 21.15404
Popcat price
Bitcoin
Bitcoin (BTC)
$98,407.00 2.50405
Bitcoin price
Ethereum
Ethereum (ETH)
$2,763.87 4.73949
Ethereum price
BNB
BNB (BNB)
$668.56 -0.49302
BNB price
Solana
Solana (SOL)
$203.41 5.19173
Solana price
XRP
XRP (XRP)
$2.76 12.4228
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000171 5.2221
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000106 10.64419
Pepe price
Bonk
Bonk (BONK)
$0.0000193 10.76535
Bonk price
dogwifhat
dogwifhat (WIF)
$0.780912 30.63984
dogwifhat price
Popcat
Popcat (POPCAT)
$0.36688 21.15404
Popcat price

Aptos (APT) gains 60% in price over weekend

Yana Khlebnikova
Edited by
News
Aptos (APT) gains 60% in price over weekend

APT, a native token of layer 1 proof-of-stake blockchain launched by former Meta developers, has been making waves in the stock market this week, with impressive gains of up to 60% on the weekend.

What caused the Aptos price rally

On Dec. 22, 2022, Aptos Labs released a blog post concerning their next big move – lower gas fees. The upgrade was in response to the community’s request to improve the gas schedule of the network. 

The developers released a three-stage plan to fix the issue. It would include an improvement to the operations on NFT data that would drop transactions by 10 times. Additionally, they would build gas-efficient data structures and a gas model that separates storage costs from execution costs.

All this was to be completed by late Q1. The first stage, which was to be done by early January 2023, might cause the newfound vigor in the Aptos ecosystem.

Aptos supporters are hopeful about the asset’s price in the near future as demand for Aptos NFTs starts to rise.

In addition to that, on Jan. 20, Binance announced that its liquid swap service would include APT/BTC and APT/USDT. The decision could be the reason behind the most recent price spike.

https://twitter.com/binance/status/1616446768941780993

What’s next for APT price

Aptos has been on a tear in recent weeks. Since Dec. 30, APTOS has done +371%. The asset rose and broke out of a 93-day-long consolidation channel. Moreover, APTOS is steadily trading above the 50-day moving average, a bullish setup. Besides this, APTOS broke out of a multi-month double-bottom pattern. 

Aptos (APT) gains 60% in price over weekend - 1

Double bottom patterns are usually an indicator of the reversal of a previous pattern. Currently, APTOS is in price discovery. The next level to watch should be $17.92, and after that, $22.73.