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<p>The cryptocurrency market has witnessed a significant surge in the price of Aptos, with its current price standing at $7.76. The 24-hour trading volume for Aptos has reached an impressive $234,250,793, marking a 15.94% increase in the last day. Aptos now ranks #33 on <a href="https://coinmarketcap.com/currencies/aptos/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>with a market cap of $1,707,129,230. The price has surged by over 17% in the last hour.</p> 
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<p>The primary catalyst behind this surge appears to be Aptos’s recent partnership with tech behemoth, Microsoft. This collaboration aims to explore innovative solutions related to asset tokenization, digital payments, and central bank digital currencies. Aptos Labs, the Layer 1 blockchain developed by ex-Meta employees, will leverage Microsoft’s Azure OpenAI Service as part of this partnership.</p> 
<p>In the early stages of this collaboration, the focus will be on utilizing Microsoft’s AI capabilities to simplify the onboarding process for web3 users and assist developers in creating smart contracts and decentralized apps. Aptos plans to introduce the Aptos Assistant, a user-friendly digital assistant powered by Microsoft’s AI, designed to address queries related to the Aptos blockchain.</p> 
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<p>Earlier this year, Microsoft’s significant investment of $10 billion in OpenAI, the creators of ChatGPT, made headlines. Rashmi Misra, Microsoft’s general manager of AI &amp; emerging technologies, emphasized the potential of merging AI and blockchain. By integrating Aptos Labs’ technology with Microsoft’s Azure Open AI Service, the goal is to democratize blockchain use, enabling effortless onboarding to web3 and fostering the development of innovative decentralized applications using AI.</p> 
<p>Aptos CEO Mo Shaikh expressed excitement about the collaboration, stating that AI and blockchain are “generational breakthroughs” that will significantly influence the internet’s evolution. With Microsoft’s support, the shared vision is to make this technology accessible to a broader audience, ensuring more individuals and organizations can benefit from it.</p> 
<p>In conclusion, the partnership between Aptos and Microsoft is a testament to the growing intersection of AI and blockchain. As these two powerful technologies converge, the potential for innovation and growth in the crypto space is boundless.</p> 
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<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/why-is-apt-coin-pumping-today-price-surges-over-17-following-huge-collaboration/">Why is APT Coin Pumping Today? Price Surges Over 17% Following Huge Collaboration</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Why is APT Coin Pumping Today? Price Surges Over 17% Following Huge Collaboration

CaptainAltcoin

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