Summary
APT just flipped bullish after hitting a major Fibonacci zone and things look more spicy as we head towards more upside! This on chain data is absolutely on fire, with the network also staying super active. This proves hype around Aptos is real and all the buzz and price pumping are not all big talks. Its clear APT is not stopping anytime soon if these activity keeps up. If you’re looking for a token with serious potential, Aptos is lowkey becoming the one to watch right now.
Aptos (APT) is a blockchain platform that is designed to be fast, scalable and secure. Its well known for its low latency and high throughput which overall aims to improve decentralized applications (dApps) and overall blockchain performance. APT, the ticker symbol for Aptos has recently been eyeing on a bullish trajectory since mid-September.
After its bearish retracement on October, APT has managed to pull back 30% of whatever it had lost. However, the pullback concluded at a noteworthy price range. Many suspected it has hit a Fibonacci retracement which means that after hitting a certain low it was sure to go on a bullish pivot. Same thing happened with Aptos, as it dropped as low as $7.74 earlier this week but right after that it reached a bullish pivot. The cryptocurrency has since rallied by roughly 21% to its $9.38 press time price. Despite the recovery, APT still had a 19% upside to go before reaching its October lows.
As of November 7 2024, the price of Aptos’s APT is $9.74 with a 24 hour trading volume of $452,804,490. It has experienced nearly 5% growth since the last 24 hour and a total 4.23% increase since last 7 days. With its circulating supply of 520 Million APT and a market cap of  $5,058,986,184, APT sees bright future ahead.
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