Bitcoin Forum

Is there a big boom in APT Coin?
If you know why this coin goes up, please tell me here.
Let's discuss it together!!

Pump and dump. Another "box" token that is going to change the word in next 10 days. There is nothing that can justify a startup without product and userbase to be evaluated at 14 billion $  (Fully Diluted Market Cap).

https://www.bloomberg.com/news/articles/2022-04-25/sam-bankman-fried-described-yield-farming-and-left-matt-levine-stunned

I couldn't find any significant news or announcements that could have caused the recent 70% pump. The only news I could find is that Binance added a few Aptos pairs to its Liquid Swap pools, which, while it is positive news, it's not something that would typically cause such a significant price increase. https://www.binance.com/en/support/announcement/binance-liquid-swap-adds-apt-btc-apt-usdt-hft-btc-hft-usdt-liquidity-pools-c322dd20aa1e4c82b7992ce2cc01cb3b

It's more likely that this price increase is a result of the overall market sentiment being bullish, and traders looking to speculate on the next promising coins.

Probably, nothing has caused the APT pump. I was only able to take the advantage of aptos pump on my main future exchange mexc global. I longed and made some profit while participating in the weekly Futures trading event to win a share of some 20k USDT. So, I felt like, Aptos price going up is just for me to earn something  ;D

Don't know why it's pumping but I hold airdrop of 150 token which I got will be now more than 2000$ . I think it's just pumped by whale and it's not seems to be real pump. It was best time to took entry below 6$. Now if anybody want to take risk then I will recommend not because there is no big ecosystem for Aptos yet.

Aptos is a mainstream project endorsed by billionaire investors, so that is one possible reason why the price has spiked too much right now. It means those investors are optimistic regards crypto investments and a possible sign they are coming back to the industry, in an opposite movement of what happened last year. It could be one of the first evidences of the beginning of a new bull run in crypto market.

Congratulations to APT for making its ATH in a moment when every other cryptocurrencies are managing to achieve only slight recovery.

As far as I know they are gonna have game developer partner so they can use nfts in game through Aptos blockchain. I see nothing that big happening other than this. I feel like web3 is seen as next big thing in crypto so bulls love to pump that kind of coins with web3 support. I think its very speculative so its best to not act quick and stay calm with Aptos. Its good coin obviously tho.

I think there is always a reason behind a coins rise and fall. I remember Aptos was being talked about lately here in the forum so the coin might really have a potential and not just the hype that causes its price to rise but it's great if you are one of those who invest in the coin before it pumps.

Just only be careful and try to avoid buying when the coin is still at the top because it can go down and will take some time to recover again but it looks like you are promoting a crypto exchange there on your post. Is it a requirement to specifically mention the name of the exchange and their on-going promotions? ;D. But, if you are telling the truth then that was killing two birds with one stone.

;D ;D im actually in love with the exchange and since I've been trading there, ive not had any issues. Also, I use to exchange because new coins get listed early and i found some rare gem tokens there. Looks like a promotion though. But it's not.
Also, thanks for your advice

The good news for this altcoin is almost every day this altcoin is making new all-time highs. This is crazy, I started to become curious about this altcoin during its $12 all-time high, and now its trading already above $13. I decided not to enter this altcoin anymore as it's very risky to buy at the peak.

There's. If you were watching the market and then you will see that if APY has increased more than 400%. that's a very good increase.

I just suggest you to read this article https://newsbtc.com/news/aptos-climbs-75/

Probably there are so many things come to the aptos. It's started from the various things like gaming blockchain-based.

I have bought some thousands of APY around $4. Got very nice profit in a short time. Im very thankful for the whales who have been pumping this token.

The reason can be the rapid Ecosystem growth. AptosLaunch for example (ALT) is going crazy on bullish news, they host a Hackathon soon 16 Move Projects already joined. A great passive income strategy using APT on AbelFinance has been published.
DYOR https://aptoslaunch.io

Be careful, this kind of thinking about the markets moving according to our needs or even against them is not rare among many traders and yet it is a mistake to think this way, markets move according to the aggregate will of the market participants, and they do not care at all about the position you have taken or how much you need to win your next trade, so try to not think on those terms as it is easy to lose your money when your ideas about the markets are flawed.

There was no big news related with aptos coin. I think that's purely hype. I don't see any good news that has come to the aptos. aptos was just the same as another common blockchain in the market such as solana. it's not second layer blockchain. So many people were also till talking about that right now about which potential news that has been triggering aptos to go up like that. A bit strange to see that aptos was going up so crazy like that. Will aptos reach 10 billions marketcap?

wouldn't have thought the massive token supply reached such an incredible price beyond my expectations. even though yesterday I still kept aptos 150. selling for 6$ is an extraordinary price. it can still soar high. and now of course there will be a downward correction after the big advance

Since this thread was created aptos has kept pumping, most likely as you speculate this has to do only with hype which means that it should be getting closer to its limits and a correction should be close to happening, and while it is nice to hear about those which have earned some money with this coin during the last days, it worries me that in order to give those profits so many people are going to lose a massive amount during the next weeks, since it is very difficult to recover psychologically from such losses.

Although the current scene is a lot different but it reminds me of some explosive market events in the period of 2020, before that UNI also airdropped hugely to users and after everyone sold it to raise money then it started going crazy reaching different ATHs. And now, similarly to APT, I see this, though I'm not sure if this uptrend can be sustained; personally, I see this as a positive signal in the market when everything was too bleak the last time, but really, this pump and dump game is still very easy to manipulate people's psyches. 

Well, you likely never research before responding to this thread. You can check this twitter thread from Binance Research: https://twitter.com/BinanceResearch/status/1618240040227983361?t=gU7DrebXj_NFErqXJiv6FQ&s=19. There's nothing as huge or small on news, the important thing is that they deliver what's on their roadmap. Just because it was not a second layer blockchain doesn't mean it's not meant for a ride or to grow in development. It's not impossible tbh.

$APT Ecosystem growth discussion
This is a great AMA with Gotbit and some tier1 VCs, 5.8k listeners don't miss it!
https://twitter.com/i/spaces/1kvJpmVyqRXxE

I think that's not consider as a news but post like this which came from big names such as Binance will surely made a great impact for the coin that they are talking about but as long as the tone of the post is also positive of course.

I think this can also be considered as a hype. Yes, coins with good potential can also experience it and not just those coins with no solid use cases A.K.A the meme coins but even if the coin didn't get any public recognition, but as long they are following their plans properly or on what is written on their roadmap then that is still commendable. There are a couple of good coins who aren't also a second layer blockchain so why can't Aptos right?

If I must say the reason is no far from their current situation, check most of those coins that get a sharp pump drastically dropped few hours after the boom, if you talk about more stable coin movement then we can be sure of some little stability in their price growth and moving inline with other coins such as bitcoin so as the general cryptocurrency market make sharp market uptrend movement so will other altcoins who have usercase will increase.
-But any coin that have it's own parallel market pump will drop as sharp as the team cash out their gains.

Yes, aptos made a lot of noise because it rose so much when the rest of the market was falling. But that is easily explained. Most of the coins are held by a small number of people, and there is not much supply on the market. So once the holders sell their coins, the price will be the same as the rest.

Yeah ALT (AptosLaunch) went 4x in a very short time now and many other APT ecosystem projects do great aswell. I posted about it like 1 week ago   ;D

We have to be weary of any coin that have a sharp pump and much noise, there are high likelihood that their will not last long in sustaining their price and market volume, this have been the characteristic of most altcoins in the market and as we can see from a few of those that have collapse in their price after pumping high in their price.
-What we should look out for from altcion as an investment is the user case of the coin and what utility service they provide in real life.
-what the liquidity of the coin is and how to have their track records of previous market behaviour.

Any moment right now it can start dumping so I choose not to buy as well because its already too late and its already overbought which is an indication of the up coming big correction. Wondering as well why there is so much hype with this token when it fact we are still on a bear market. Be careful with this one because you might get trap at the top.

All kind of coins pump even during a bear market and it would not surprise me the same is happening to aptos, however I agree with you, it seems to me it is too late for anyone interested in buying this coin to do it, the price has grown too much during the last month and a correction is most likely coming, it may not be tomorrow or the day after but it is coming, and when it does you do not want to be the person holding the bag and losing a massive amount of money in the process.

the Aptos/Move Spaceport hackathon is ongoing!

There is an AMA with Snotra and Koizumi today
Date: 31/1/2023
Time: 5pm UTC

https://twitter.com/AptoslaunchIO/status/1620414415505080326

I thought all altcoins were useless trash and not useful in this world. Well maybe except for some coins like ETH or XMR. Many people call Aptos the new Solana, but sol turned out to be just as worthless as old projects like EOS. So the point of altcoins is to hype and pump. I think the fate of Aptos will be exactly the same as that of many other shitcoins.

Not all kinds of course. A scam coin can't pump anymore but they are already dead by the time the bear market has arrived and there are even top coins who can't pump during the bear season. I think the one's that can pump are mostly new coin because their hype is still there and people are always excited when they see a new crypto because they also got bored a little from the usual old coins. Aptos is a new born crypto and that is why it have this perk.

But as others said, we should be extra careful if we want to join the ride. It's not advisable to enter now as it was still moving forward and there's a chance that it will go down right after we enter.

Only time will tell. But with altcoins it is about risk/reward, if Aptos is going to be in the top 10 the quality ecosystem projects will gain a LOT of traction.

Pump and dump are basic features of most altcoins, and if you want to be on the safe side with altcoins then you should avoid coins that have dumped 80-90% of their price before, no matter the level of the price pump during a bear market because that is a clear set up by the teams to dump furthermore and causing more loses for investors and in no time, those coins will totally go off the market, what we should watch out for in altcoins are.
*the level of it usercase what are the real world utility of those coins.
*what are their market value and what exchanges their are traded in?
*What are their track record how is the level of their volatility how many time the price has dropped significantly above 40% and what is the level of their market recoveries?
*who is the team behind the project?
This and many more are factors to consider before choosing a potential coin to invest in.

Yeah that shit got hyped due to the aptos. Aptos coin is now facing another correction. it seems like that aptos launch is stable at this moment. Can this to up even further? this token is worthy enough to bet for the pump. The hype was coming from aptos.
I think that if aptos didn't get a big pump like that and I'm sure if any coins in ecossytem will not even follow it. Aptos is a key but so many supply is still locked. i expect a huge dump once more supply will be unlocked.

Aptos pump has come with no reason.

It may seem odd but all kind of coins can pump, even scam coins, Terra Luna a known scam coin touched its all time low during May of last year and since then it has experimented a growth of 16x while maintaining a decent volume, so as you can see even scams coins can pump, I know that for someone like me and probably for you this does not make sense at all but the facts are the facts, speculators will trade any coin regardless of their legitimacy as long as they can make some profits with it.

The top ecosystem projects like AptosLaunch are not necessarily dumping when Aptos dumps. They have very small market caps.
I bet on Aptos + ecosystem long term