JAKARTA Aptos (APT), the original token of the Aptos blockchain, has recorded an impressive rise since reaching its lowest position in November. This token now occupies the position of the most lucrative crypto asset of the week, having risen more than 94 percent in the past seven days.
However, interestingly, nearly 80 percent of the increase has occurred in the last three days. Overall, APT has now jumped more than 300 percent from its lowest position in November, to reach an all-time new high of $14.4 per coin according to CoinMarketCap data.
The crypto community seems very enthusiastic about the Aptos caused by this impressive increase. There is a lot of speculation about what is causing this increase, but there is no definite information. However, analysts say that this increase may be driven by investor interest in the Aptos blockchain project.
Aptos itself is a blockchain project that specializes in developing technology that can help companies and organizations to manage data and assets more efficiently. The project promises a safe and reliable solution in data and asset management.
Despite this impressive increase, analysts suggest that investors remain cautious in investing in Aptos. Like with all crypto assets, the price of Aptos could go up or down significantly in a short time. However, with the promising prospect of Aptos, many hope that the price of this token will continue to rise in the near future.
Analysts are trying to identify the factors that triggered the surge in APT prices. One of them is the increase in market capitalization from all over the crypto market. The market capitalization of Aptos itself has increased by 31.2 percent since early 2023. The APT market cap is currently in the range of 2.3 billion US dollars.
In addition, the NFT market in Aptos is also believed to play a major role in APT growth. The trading volume and minimum price of NFT projects in Aptos is currently very high, as shown by the Aptos-based NFT Topaz market.
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