Aptos

<ul><li>With a substantial token release on the horizon, Aptos&#39;s (APT) valuation braces for potential shifts as market availability spikes.</li><li>Nearly 10% of APT&#39;s supply is set to be released, possibly prompting sales as stakeholders seek profits from the recent price surge.</li><li>Aptos&#39;s anticipated token influx could impact the price, following a near 50% increase since optimism swept the crypto market in mid-October.</li></ul>Aptos (APT) has emerged as one of the standout performers in the ongoing cryptocurrency market rally. Although the price exhibited a steady upward trajectory during this period, it has moderated recently, prompting traders to closely monitor the forthcoming cliff <a href="https://token.unlocks.app/aptos" rel="noopener noreferrer nofollow">unlock </a>event scheduled for November 12.The Aptos (APT) community anticipates the impending cliff unlock event prominently displayed on the network&#39;s calendar. A substantial quantity of 24.48 million APT tokens, valued at approximately $181.35 million, is set to enter the market on the specified date. These tokens will be distributed among key stakeholders, including the foundation, core contributors, investors, and the broader community.The significance of this unlock event lies in its scale, representing nearly 10% of the entire supply of Aptos tokens. This substantial release is expected to introduce a degree of volatility into the Aptos market as various recipients, including investors, core contributors, and the community, may seek to capitalize on immediate profit opportunities.Read full article a<a href="https://cryptotale.org/aptos-apt-faces-potential-volatility-as-181-35-million-token-unlock-nears/" rel="noopener noreferrer nofollow">t CryptoTale.</a>

Aptos (APT) Faces Potential Volatility as $181.35 Million Token Unlock Nears

CryptoTale

Other articles published on Nov 10, 2023

Ethereum Price Prediction: Is $ETH Heading to $3000 by November End?

RYI Unity’s Flourishing Alliance with Chainge Finance, Derify Protocol, and Xover Token

More Hong Kong Crypto ETFs Open for Trading, But Only for Deep-Pocket Customers

Boston Consulting Group Disagrees With Musk That AI Will Replace Workers

Crypto Economics

METALSWAP RESEARCH&DEVELOPMENT - IMPROVEMENT ON LIQUIDATOR’S SYSTEM

Join our free newsletter for daily crypto updates!