$ 50m apt Unlock Incoming for aptos: Will the price crash?

$ 50m apt Unlock Incoming for aptos: Will the price crash?

aptos owners are preparing for 4.5 million apt-token to flood the markets at an event planned for April 12. The tranche is $ 53 million and corresponds to 0.454 % of the total offer.

In a structure that led to the event, APT managed to outperform Bitcoin and the wider market. While Bitcoin's YTD winnings were 82 %, APT rose by 235 % in the same period. In the last month alone, the latter has risen by almost 12 %.

What's next for apt?

token Unlocks have developed into a popular method to slowly launch blocked assets over a defined period of time. Such an event means an increase in the offer, which typically leads to an impairment. There are also early investors or members of the project team the opportunity to liquidate their original investment, which increases sales pressure.

Therefore, this can also be a possible result for apt, since the persistent price rally means that the owners list the event.

While Aptos also became one of the most powerful crypto assets in January of this year, it will be interesting to see whether the token will oppose the trend.

The last activation of aptos of 4.5 million apt-token, which was approximately 0.45 % of its overall offer on February 12th. The price rose higher than that for the overall market, which indicates that the token activation was actually the cause.

So far, only a little more than 15 % have been unlocked, worth around 152.72 million. They are to be published every month in the next ten years. Almost half of the token offer is dedicated to the team, the foundation and the investors.

Even if the activation of token is to be the declining event for the asset, newer market participants who collect existing apt stocks could drive up the price.

a controversial kick -off

The Layer 1 Blockchain network aims to compete with Solana and Cardano. It is based on the programming language Move, a rust-centered programming language. Two members of the DIEM leadership team from Meta, Mo Shaikh and Avery Ching are behind the decentralized version of the abandoned blockchain project.

aptos started his Mainnet last October, after receiving a number of capital injections from a number of risk capital companies such as Parafi, Andreessen Horowitz (A16Z), FTX and Multicooin Capital. Binance later also made a strategic investment to boost the ecosystem.

But the unveiling was not without challenges. Before the start of the Minnette, Aptos had astonishing 130,000 transactions per second (TPS). However, it was reported that a start of a transaction speed of seven TPS has less than the Bitcoin blockchain per second.

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