Aptos

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A popular crypto strategist is updating his outlook on Aptos (APT) and Chainlink (LINK) while forecasting the near-term price action for the broader altcoin market.
Pseudonymous analyst Altcoin Sherpa tells his 184,700 Twitter followers that layer-1 blockchain and Ethereum (ETH) competitor Aptos is likely going to see weeks of choppiness.

According to Altcoin Sherpa, APT could witness a burst to the upside once Bitcoin (BTC) takes a breather. In the short term, he expects Aptos to range trade between $10 to $13.75.
“APT: Expecting a lot of altcoins to look something like this. Chop fest and not really do a whole lot compared to Bitcoin. Once BTC takes a break, these altcoins fly (probably a few weeks).”
Source: Altcoin Sherpa/Twitter
Aptos is trading for $12.22 at time of writing.
Next, Altcoin Sherpa says the decentralized oracle service Chainlink has spent nearly a year trading sideways between a high of about $9.50 and a low of $5.50. According to the analyst, he plans to accumulate LINK if it takes out the high of the range.
“LINK: this shitcoin has been ranging for nearly a year. I’m going to buy after the breakout, not a day before. I learned my lesson last time.”
Source: Altcoin Sherpa/Twitter
Chainlink is worth $7.25 at time of writing.
Altcoin Sherpa is also keeping an eye on Fetch.ai (FET), an AI-focused crypto project. The crypto trader believes that FET is currently facing bullish exhaustion and could see a significant devaluation.
“FET: I think this one goes to $0.26 or lower, that’s the next area of liquidity, in my opinion. Overall, trend looks tired. We shall see if the AI narrative has more legs.”
Source: Altcoin Sherpa/Twitter
Fetch.ai is trading for $0.37 at time of writing.
Lastly, Altcoin Sherpa says the Bitcoin rally may cool off soon to build a stronger base of buyers before igniting the next leg up. According to the crypto strategist, a period of consolidation for BTC could open the door for altcoins to make some noise.
“Looking at volume profile, it actually looks like there *could* be an argument for a sooner altcoin run than we think. [BTC] price has a relative void between $25,000 and $30,000. Usually, you see price filling that out and trading happening there. 
What does this mean? It means that when there is a big void in overall trading activity, traders like to ‘fill the gap’ a bit and trade in that area. We could see BTC range between $25,000-$30,000 to fill this area out and this would result in alts flying, in my opinion.”
Source: Altcoin Sherpa/Twitter
Bitcoin is trading for $27,543 at time of writing.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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The post Crypto Trader Maps Path Forward for Aptos and Chainlink, Predicts Altcoins Will Fly Once Bitcoin Cools Off appeared first on The Daily Hodl.


A popular crypto strategist is updating his outlook on Aptos (APT) and Chainlink (LINK) while forecasting the near-term price action for the broader altcoin market. Pseudonymous analyst Altcoin Sherpa tells his 184,700 Twitter followers that layer-1 blockchain and Ethereum (ETH) competitor Aptos ...

dailyhodl.com

Crypto Trader Maps Path Forward for Aptos and Chainlink, Predicts Altcoins Will Fly Once Bitcoin Cools Off


The crypto market is flooded with several cryptocurrencies and blockchain-related technologies. A few of the promising ones have been losing value in the recent past. It can sometimes be hard to determine the best coins to put your money in. 



However, according to analysts, Ethereum (ETH), Aptos (APT), and Orbeon Protocol (ORBN) are your best bets in the market right now. 



Orbeon Protocol (ORBN), for example, has risen a whopping 1987% in presale and is selling at $0.0835 in the current phase 9 of its presale. 



Let’s explore why each of these coins is a good investment opportunity.



>>VISIT ORBEON TOKENS HERE<< 



Ethereum (ETH)



Ethereum (ETH) is both a native coin and a decentralized, open-source blockchain platform that hosts a majority of smart contracts today. This means that anyone can use Ethereum (ETH) for their transactions and to build blockchain-based applications.



Analysts believe that Ethereum (ETH) is one of the safest coins in the market today, having gone through the usual teething problems. 



Ethereum (ETH) has also changed from the proof-of-work consensus mechanism to proof-of-stake in last year’s Merge event. This made Ethereum (ETH) faster, less energy-intensive, and lighter.



While Ethereum (ETH) has had its fair share of price fluctuations, it is doing well in 2023. Ethereum (ETH) started the year at about $1514.28 and has been oscillating around $1500 for the last two months. 



As of March 7, 2023, Ethereum’s (ETH) price stands at $1,562.55 and is expected to keep rising in the next few weeks.



>>VISIT ORBEON TOKENS HERE<< 



Aptos (APT)



Aptos (APT) is the most recent layer-1 protocol in the crypto market. Developers designed Aptos (APT) to make decentralized finance (DeFi) easily accessible to any business that plans to adopt a decentralized model. Users can also transact with the native Aptos (APT) coins or stake them to receive rewards.



It was unfortunate that Aptos (APT) started low in price as it was released in a bear market. However, Aptos (APT) rallied quite fast and moved from $3 to over $20 in a few weeks. Aptos (APT) was then affected by the bear market conditions and dropped below $9. 



However, Aptos (APT) has rallied hard and now sells at $11.08 as of March 7, 2022. Keep an eye on Aptos over the coming few weeks.



>>VISIT ORBEON TOKENS HERE<< 



Orbeon Protocol (ORBN)



Orbeon Protocol (ORBN) is the first decentralized venture capital blockchain solution on the market. Developers put together Orbeon Protocol (ORBN) to enable companies to raise capital by converting their equity into NFTs. The community can then buy a fraction of the Orbeon Protocol (ORBN) NFTs that equals their investment.



The advantage of Orbeon Protocol (ORBN) is the Fill or Kill mechanism, where investors get automatic refunds if the company does not meet its funding goals.



Orbeon Protocol (ORBN) has been rising astronomically since the launch of its presale. Now at phase 9 of the presale, Orbeon Protocol (ORBN) has risen a whopping 1988% to settle at $0.0835.



Find Out More About the Orbeon Protocol (ORBN) Presale:



Website | Presale
The post Pay attention to Ethereum, Aptos, and Orbeon Protocol appeared first on BeInCrypto.


The crypto market is flooded with several cryptocurrencies and blockchain-related technologies. A few of the promising ones have been losing value in the recent past. It can sometimes be hard to determine the best coins to put your money in.&#160; However, according to analysts, Ethereum (ETH), A...

beincrypto.com

Pay attention to Ethereum, Aptos, and Orbeon Protocol

Bitcoin has remained stuck beneath $22,000 for the past 24 hours, but there’s likely to be more volatility during the day as the US is scheduled to announce the CPI numbers for January.
The altcoins have taken a breather, as most are with minor gains. APT and FTM, on the other hand, have skyrocketed by double digits.
Bitcoin Anticipates CPI Numbers
The primary cryptocurrency started the month on the right foot, surging past $24,000 for the first time since August last year after the US Fed raised the interest rates by another 25 basis points.
However, the price surge was short-lived as the asset retreated below $24,000 in the following hours. The bears even pushed it back down to $23,000 days later, where it spent the past weekend. The landscape changed for the worse yesterday when the US SEC and then the NYDFS went after Paxos, alleging it sells unregistered securities in the form of BUSD and ordered it to stop issuing the stablecoin.
BTC reacted with another price decline, this time to $21,400, which became its lowest price point in over three weeks. It has recovered some ground since then and sits at $21,700, but its market cap still struggles beneath $420 billion.
Its dominance over the altcoins, though, is up by 0.5% in the past few days and is close to 42%.
BTCUSD. Source: TradingView
APT, FTM on the Rise
Most altcoins dropped on the news from the US regulators yesterday but have charted some minor daily gains now. Ethereum has gone back to $1,500 after a 1% increase. Binance Coin, which dumped by over 6% following the regulatory scrutiny, stands still at 290.
Cardano, Solana, and Tron are the most substantial gainers from the larger-cap alts, all jumping by up to 4%. Even more impressive price increases are evident from Aptos and Fantom.
Both assets have soared by 10% and 12%, respectively, to $14 and $0.47. HBAR, GRT, and LDO have added between 5-7% of value in a day.
The total crypto market cap has tapped $1 trillion once again on CoinMarketCap after falling below that line yesterday.
Cryptocurrency Market Overview. Source: Quantify Crypto
The post Aptos Explodes 10%, Bitcoin Calm Below $22K Ahead of CPI Numbers (Market Watch) appeared first on CryptoPotato.

Aptos and Fantom are today's top performers from the mid-cap alts.

cryptopotato.com

Aptos Explodes 10%, Bitcoin Calm Below $22K Ahead of CPI Numbers (Market Watch)

A widely followed crypto analyst says that layer-1 blockchain Aptos (APT) has a chance at usurping Solana (SOL) as one of Ethereum’s (ETH) chief competitors.
In a new video update, Guy Turner, the host of Coin Bureau, tells his 2.21 million YouTube subscribers that he expects both APT and SOL to face “severe regulatory scrutiny” going forward.

“Besides all the sell pressure SOL and APT are likely to face, Solana and Aptos will both experience severe regulatory scrutiny. In Solana’s case, it will be because it was the de facto exchange chain of FTX.
 In Aptos’ case, it will be because it’s the continuation of the Libra crypto project created by Facebook… The reveal of Facebook’s Libra in 2019 caused governments around the world to panic. Imagine what will happen once regulators realize that Aptos is a continuation of Libra under a different name.” 
Though Guy says the developers behind Solana have a better understanding of computing hardware compared to the team behind Aptos, the creators of Aptos are better experienced in software and marketing, which could give them a leg up given their connection to Meta.
“It’s hard to compare exactly what’s under the hood, I suppose the most important component is decentralization, in which case, Aptos takes the cake. The only problem is that the details about Aptos’ decentralization aren’t available and Aptos is still much more centralized than the average crypto project.”
However, Guy notes that APT might be the only crypto project on the market with worse tokenomics than SOL, as most APT tokens are held by Aptos Labs.
Despite this, Guy says that Aptos is better positioned than Solana to thrive in the future.
“In sum, Solana has the edge over Aptos in the short term and possibly the medium term, notwithstanding some issues related to FTX and Alameda. In the longer term, it’s too soon to tell, but Aptos appears to be perfectly positioned to secure the partnerships needed for mass adoption. Solana, not so much.”
Solana is worth $23.18 at time of writing, a 4.90% drop on the day, while APT is trading for $14.72, an 11.57% decrease during the same time frame.

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Featured Image: Shutterstock/icestylecg
The post Can Aptos (APT) Dethrone Solana (SOL)? Coin Bureau Looks At Battle of Ethereum Challengers appeared first on The Daily Hodl.


A widely followed crypto analyst says that layer-1 blockchain Aptos (APT) has a chance at usurping Solana (SOL) as one of Ethereum’s (ETH) chief competitors. In a new video update, Guy Turner, the host of Coin Bureau, tells his 2.21 million YouTube subscribers that he expects both APT and SOL to ...

Can Aptos (APT) Dethrone Solana (SOL)? Coin Bureau Looks At Battle of Ethereum Challengers


A new generation of mainstream altcoins is emerging and making big waves on the crypto markets. The surge of these tokens might signal the dawn of a new bull market, hypothesizes LBank Co-Founder Johnason Chan.



Driving the news: The recent rally of digital assets like Aptos (APT), Floki (FLOKI) and Highstreet (HIGH) are raising eyebrows.




The price of APT, the native token of layer 1 proof-of-stake blockchain Aptos, saw an increase of more than 380 percent in the last 30 days, according to CoinGecko.



Dogecoin spin-off FLOKI saw its price jump up by more than 200 percent in the same timespan. Meanwhile, metaverse gaming coin HIGH noted an eye-popping 336 percent rally in the last month.



“As a global launch pad for novel cryptocurrencies and blockchain projects, we are in a unique position to observe the latest developments on the frontiers of crypto,” Chan explains. “We listed Highstreet a few months before major competitors and took note of its tremendous performance. The wealth creation stemming from these tokens are signaling a bullish sentiment on the markets.”




Go deeper: The end of 2023 could become the sweet spot for the next bull market.




“Following the hints of Fed chair Jerome Powell on possible ‘disinflation’, the interest rate hike cycle seems to pivot in favor of the markets. Some corners of the crypto markets might see even more investment going into Q2,” Chan suggests.



The Co-Founder of global exchange LBank sees a potential bull market emerging towards the fourth quarter of 2023. “And let’s not forget the next Bitcoin halving is coming up in around 400 days”, he adds.



For now, all eyes are on the emerging stars of the altcoin market, propelling optimism among investors. “FLOKI was one of our star listings last year, and is continuing to reflect the way traders behave,” Chan concludes.

The post Memecoins Signal Advent of Emerging Bull Market, Theorizes LBank Co-Founder appeared first on BeInCrypto.


A new generation of mainstream altcoins is emerging and making big waves on the crypto markets. The surge of these tokens might signal the dawn of a new bull market, hypothesizes LBank Co-Founder Johnason Chan. Driving the news: The recent rally of digital assets like Aptos (APT), Floki (FLOKI) a...

Aptos price	$11.10
Low - High 24H	$10.88 - $12.02
Market cap	$1.99B
Volume 24H	$112.70M
All time high	$19.92 -44.45% January 26th 2023
All time low	$3.08 259.32% December 29th 2022
Genesis date	N/A

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