Aptos Transactions Jumps Over 3,500%, Experts Explain Reasons Behind Surge New Crypto Moves
The post Aptos Transactions Jumps Over 3,500%, Experts Explain Reasons Behind Surge New Crypto Moves appeared on BitcoinEthereumNews.com.
Aptos (APT) recently saw a staggering 3,570% change in daily transactions. It just reached 51.6 million on August 13. This happened thanks, in part, to the launch of Tapos 2, but experts believe that there is more to it. Our article would be essential for crypto enthusiasts seeking to understand the hidden factors driving this growth and its future implications for both Aptos (APT) and the altcoin market. Aptos (APT): Transactions Skyrocket 3,570% – What’s the Story? Aptos (APT) recently experienced a remarkable 3,570% surge in transaction volume, reaching 51.6 million transactions on August 13, driven by the launch of the click-to-earn blockchain game, Tapos 2. This surge mirrors the impact of the original Tapos, which previously boosted Aptos (APT) to its highest daily transaction volume of 115.4 million. Currently, Aptos (APT) ranks among the top three Layer-1 networks in terms of transaction volume. This highlights its increasing prominence in the blockchain space. APT USD Kraken In response to the surge, Aptos (APT) token price rose from $6.59 to $6.95, a +25% change over the past week. As the token approaches key technical levels—the 20-day EMA at $6.04 and the 50-day SMA at $6.45—the price could either break through resistance at $7.65 and $8.87, potentially reaching $9.06, or struggle to sustain momentum. Support is expected around $5.21 if a correction occurs. Despite a positive MACD crossover indicating bullish momentum, the Chaikin Money Flow (CMF) shows bearish divergence, suggesting weakening buying pressure. Solana (SOL) is facing a somewhat similar situation with its recent moves. Aptos (APT) faces a critical period ahead to determine if it can maintain its upward trend or experience a pullback. Minotaurus (MTAUR): Presale Growth to Combat Uncertainty Since Aptos (APT) is nearing key technical levels, the situation is uncertain. While it is close to or already facing…
Filed under: News - @ August 15, 2024 6:18 pm