Three reasons why aptos exploded by 400 % in 30 days

26. Januar 2023

Krypto News Österreich

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aptos is undoubtedly the hottest story of the past month, since it has been one of the most powerful cryptocurrencies in the last 30 days. APT, his native token, shot up to an overwhelming 400 % during this period.

This put the project in the foreground and also made space for a renewed Layer 1 trade narrative, with other names appearing.

You can view our complete guide to aptos in the following video:

</ IFRAME> </P> <p> However, there are some reasons that explain the increase in APT price, so let us dive. </p> <h2> The entire market recovered </h2> <p> The biggest reason for the increase in apt is undoubtedly the fact that the entire cryptocurrency market has had an enormous interest since the beginning of 2023. </p> <p> The overall market capitalization has increased by around $ 250 billion during this period, which shows the new appetite of investors on risky assets such as cryptocurrencies. </p> <p> <img class = "Size-Full Wp-Image-235000" Data-Spai = "1" Alt = "img1_mcap_coingecko_260123" Width = "1294" Height = "518"> Coingecko </p> <p> The main reason for this is that inflation in the United States seems to slow down. The consumer price index figures for December were published at the beginning of this month. They corresponded to expectations and drove the market even further. </p> <p> As is almost always the case when Bitcoin is running, the rest of the market runs, albeit at a different speed. Some old coins surpass others, and in this case APT was the clear winner. </p> <h2> pancakewap and aptos </h2> <P> Another reason why the price has increased so much must be built up within the aptos ecosystem. </p> <p> Only recently called a new proposal for <em> confirmation proposal for Aptos MultiChain Farm Emission </em> was brought up, which, if they were approved, would "build up the intentions of the team to" build on the original provision ". </p> <p> according to the document itself: </p> <p> pancakewap will aim to obtain further visibility within the aptos ecosystem in order to obtain additional aptos-based projects for use on pancakeswap. </p> <p> pancakeswap will try to bring more of our existing products based on future products so that we can attract more projects with a competitive offer. </p> <p> pancakewap will try to use his strength at BNB Chain to win aptos-based projects for BNB Chain and vice versa to improve the burning of Cake. </p> <P> It is also worth mentioning that the majority of the value in Pancakeswap is currently in Pancakewap, as can be seen from Defillama. </p> <p> <img class = "Size-Full Wp-Image-235008" Data-Spai = "1" Alt = "IMG1_TVL_Defillama_2601231" Width = "1398" Height = "571"> Defillama </p> <h2> aptos NFT sales through the ceiling </h2> <p> The appetite for non -fungible tokens that are based on aptos has also passed through the ceiling. One of the most popular marketplaces- Topaz- has recently had a three- and even four-time increase in the volume of several NFT collections. </p> <p> On the other hand, this NFT list was compiled by <em> <em> </em> also shows the considerable number of transactions for many of the leading projects based on aptos <p> <img class = "Size-Full Wp-Image-235013" Data-Spai = "1" Alt = "img_nft_APTOS_2601231" Width = "2560" Height = "409"> Tracemove </p> However, it is worth noting that the on-chain data is somewhat unclear to justify the explosive movement of the APT price. For example, the total value defined in the protocol remains relatively low and only increased by 10 % in the same period in which APT added 400 %. </p> <p>. </p></section> <style nonce="wVPDh5QQA/Dtd7xAhgoUeg=="> .sidebar { width: 300px; min-width:300px; position: sticky; top: 0; align-self: flex-start; } .contentwrapper { display: flex ; gap: 20px; overflow-wrap: anywhere; } @media (max-width:768px){ .contentwrapper { flex-direction: column; } .sidebar{display:none;} } .sidebar_sharing { display: flex; justify-content: space-between; } .sidebar_sharing a { background-color: #e6e6e6; padding: 5px 10px; margin: 0; font-size: .95rem; transform: none; border-radius: 5px; display: inline-block; text-decoration: none; color:#333; display: inline-flex; justify-content: space-between; } .sidebar_sharing a:hover { background-color: #333; color:#fff; } .sidebar_box { padding: 15px; margin-bottom: 20px; box-shadow: 0 2px 5px rgba(0, 0, 0, .1); border-radius: 5px; margin-top: 20px; } a.social__item { color: black; } .translate-dropdown { background-color: #e6e6e6; padding: 5px 10px; margin: 0; font-size: .8em; transform: none; border-radius: 5px; display: inline-block; text-decoration: none; color: #333; margin-bottom: 8px; } .translate-dropdown { position: relative; display: inline-flex; align-items: center; width: 100%; justify-content: space-between; height: 36px; } .translate-dropdown label { margin-right: 10px; color: #000; font-size: .95rem; } .article-meta { gap:0 !important; } .author-label, .modified-label, .published-label, modified-label { font-weight: 300 !important; } .date_autor_sidebar { background-color: #e6e6e6; padding: 5px 10px; margin: 0; font-size: .8em; transform: none; border-radius: 5px; text-decoration: none; color: #333; display: flex; justify-content: space-between; margin-bottom: 8px; } .sidebar_autor { background: #333; border-radius: 4px; color: #fff; padding: 0px 5px; font-size: .95rem; } time.sidebar_time, .translateSelectlabel, sidebar_time { margin-top: 2px; color:#000; font-style:normal; font-size:.95rem; } .sidebar_updated_time { background-color: #e6e6e6; padding: 5px 10px; margin: 0; font-size: .8em; transform: none; border-radius: 5px; text-decoration: none; color: #333; display: flex; justify-content: space-between; margin-bottom: 8px; } time.sidebar_updated_time_inner { background: #333; border-radius: 4px; color: #fff;; padding: 2px 6px; } .translate-dropdown .translate { color: #fff; !important; background-color: #333; } .translate-dropdown .translate:hover { color: #fff; !important; background-color: #00306d !important; } .share-button svg, .translate-dropdown .translate svg { fill: #fff; } span.modified-label { margin-top: 2px; color: #000; font-size: .95rem; font-weight: normal !important; } .ad_sidebar{ padding:0; border: none; } .ad_leaderboard { margin-top: 10px; margin-bottom: 10px; } .pdf_sidebar:hover { background: #00306d; } span.sidebar_time { font-size: .95rem; margin-top: 3px; color: #000; } table.wp-block-table { white-space: normal; } input {padding: 8px;width: 200px;border: 1px solid #ddd;border-radius: 5px;} .comments { margin-top: 30px; } .comments ul { list-style: none; padding: 0; } .comments li { border-bottom: 1px solid #ddd; padding: 10px 0; } .comment-form { margin-top: 15px; display: flex; flex-direction: column; gap: 10px; } .comment-form textarea { width: 100%; padding: 8px; border: 1px solid #ddd; border-radius: 5px;} .comment-form button { align-self: flex-start; background: #333; color:#fff; border:0; padding:8px 15px; border-radius:5px; cursor:pointer; } .comment-form button:hover { background: #00306d; } </style> <div class="sidebar"> <div class="sidebar_box"> <div class="date_autor_sidebar"> <time class="sidebar_time" datetime="2023-01-26T15:24:07+01:00" > 26. 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