A project that cannot be hyped is not a good project --- APT
Many people know about the APT project, and it also had a wave of hype during the bear market, with a nearly 7-fold increase from 3 to 20. In contrast, during the bull market, it stagnated, being left far behind by SUI. Firstly, both projects use the Move language for development, and the developers are technical players from big tech companies like Facebook, with similar strengths. APT follows a technical route and development mindset, while SUI focuses on Web3 application scenarios, making several innovations and explorations in technology!
Top institution --- BlackRock has promoted its BUIDL fund to APT.
Top institution --- Bitwise has launched ETP fund staking activities on the APT chain.
Top institutions --- Franklin Templeton and Libre have also deployed funds on APT.
Tether --- USDT has launched native contracts on APT, including the second-largest stablecoin USDC, which will also launch native contracts!
From the above, it can be seen that APT is highly regarded by institutions and venture capital funds, which indicates that APT's strength is not lacking. However, the coin price has not been satisfactory. APT is a growth project, and the subsequent explosion will be very exaggerated. For those who do not hold it, it is recommended to gradually accumulate. There are great opportunities in the bull market at 50-100.
Currently, the market cap is 5.5 billion with a circulating supply of 559 million and a TVL of 1.08 billion, with over 50% circulating supply. On January 12, 1% will be unlocked, close to 100 million chips, and at this price, institutions and large holders will not crash the market!
The market cap is 15.6 billion with a circulating supply of 3 billion and a TVL of 2.05 billion, with 70% of chips not yet circulating. Although the amount of chips unlocked each month is relatively small, the total of 10 billion is larger than most public chains in the market. If there is no significant destruction process with a large amount later, it will be difficult to maintain price stability.
APT currently lacks hype, but the technology behind it is still recognized by the market. Once it starts to hype, at least 500% can be expected, and it won't be much worse than SUI's surge, maybe even stronger! #Aptos #比特币走势观察 #加密市场反弹