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Home»CRYPTO NEWS»Aptos (APT) Surges 437% In A Month, Outshining Bitcoin Gains
CRYPTO NEWS

Aptos (APT) Surges 437% In A Month, Outshining Bitcoin Gains

Aaron PaulBy Aaron PaulJanuary 26, 2023Updated:January 26, 2023No Comments1 Min Read
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apartment APT/USD outperformed monthly profit, up 437% to $18.77, surpassing the progress recorded by apex crypto. Bitcoin Bitcoin/USD When ethereum Ethereum/USD.

What happened: APT hovered around $3-4 for the first few months of its launch until the price began to rise above $15 on January 9th. This represents a 275% move in two weeks.

Data from Benzinga Pro shows that BTC is up 37% and ETH is up 31.8% over the past 30 days.

binance research have identified several factors contributing to Aptos’ recent price rise. First, Aptos NFTs have seen a surge in both price floors and trading volumes.

See More: Best Crypto Day Trading Strategies

Then, on January 20th, Binance opened two new liquidity pools for Aptos combining APT with BTC and USDT. According to data from CoinMarketCap, this led to a 56% increase in APT’s price and a 147% increase in trading volume.

Last but not least, Aptos is a recently launched proof-of-stake blockchain powered by the Move programming language.

Read the following: Bitcoin, Ethereum, Dogecoin surge: Analysts warn Apex Crypto could return to $20,000 if tech selloff heats up



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