More Than $1 Billion Worth of Apt Traded in The First Week Following Aptos Market’s Debut

One of the newest cryptocurrencies on the market, Aptos (APT), has generated significant volume in its first few days of trading. According to CoinGecko, APT has done at least $1.3 billion in volume since it started trading Wednesday, its first full day of activity.

Although many people on Crypto Twitter have been derisive of Aptos, it’s clear that the project is gaining much attention among investors. Whether this continued success will be sustained as more cryptocurrencies enter the market remains to be seen, but for now, it looks like Aptos is off to a strong start.

Aptos has generated a considerable volume in its first few days of trading. According to CoinGecko, APT has done at least $1.3 billion in volume since it started trading Wednesday, its first full day of activity. Aptos is one of the newest cryptocurrencies on the market, and as of Friday afternoon, it has garnered much interest from investors.

APT trades at $7.45 against the US dollar, down 0.56% from its daily high. It’s hard to say whether this decline represents a buying opportunity or indicates Aptos will continue to fall soon. Still, it could be worth keeping an eye on the market over the next few days and weeks if you are interested in investing. While this has caused some predict the project is doomed, many others think that APT has room to grow in 2022 and beyond.

Investors may want to keep a close eye on Aptos prices in the coming weeks and months if they’re interested in investing in the project, as this will give them a better idea of what to expect from the cryptocurrency in the long term.

What does indicators suggest on APT?

The SMA 100 is currently above the SMA 200, indicating that the price might be in an uptrend. The MACD oscillator also appears to be moving up, which suggests that the price will likely continue to surge. 

The Ichimoku indicator o the hourly chart also suggests that the price might be rising, with the cloud indicator indicating that prices are bullish. Additionally, the Relative Strength Index (RSI) shows a strong upward trend, suggesting buyers have the upper hand in this market.

These technical indicators suggest that investors should consider buying APT, as prices will likely continue to rise soon. However, it is always important to do your research and to be aware of any risks or changes in market conditions that could affect the price of APT.

Additionally, several factors could potentially affect the price of APT, including market sentiment, macroeconomic events, and news stories. Overall, there appears to be a bearish outlook for APT, and investors should be cautious when trading this cryptocurrency.

Conclusion

One clear thing is that Aptos has already gained the attention of investors, with many of them buying up large amounts of APT in its early days. But whether this level of investor interest will continue to be strong for the foreseeable future remains to be seen.