$APT holds steady after 4.54 million tokens, worth $32 million were unlocked early Wednesday. Reports godbole17.
Prices of Aptos' native token APT were steady on Wednesday at around $7 despite a significant number of tokens being unlocked.from TokenUnlocks
. Tokens worth $22.5 million were distributed to the community members, with Aptos foundations receiving $9.4 million in tokens. Cryptocurrencies are generally locked up to prevent the big bag holders – usually early investors or even the project's team members – from selling their coins all at once and causing price dumps. Token unlocks are considered bearish, as they free up liquidity and open doors for potential profit-taking by those who receive coins as a part of the unlock.
Although, the latest APT unlock amounted to just 2.2% of the token's total supply of 210.41 million, the dollar value of the unlock was nearly 38% of APT's average 30-day trading volume and had the potential to push prices lower,Still, APT is trading flat, at around $7, extending its recent trading range of $6.8 to $7.3. Perhaps, Aptos'
to enhance the blockchain's capabilities to handle tokenized securities like tokenized real estate and in-game currencies has helped the cryptocurrency stay resilient., ahead of the crucial U.S. inflation report.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Aptos (APT) Set to Unlock Massive Tokens, Will Price Crash?Aptos protocol will unlock 2% of its token supply, realization that is stirring price slump
Leer más »
Aptos Voting to Enable Fungible Assets With Network UpgradeAptos is holding a vote on network upgrades that include a new standard for fungible assets. $APT realdannynelson reports
Leer más »
Shibarium's BONE Token Attracts Massive 145% Spike in New AddressesShiba Inu: Shibarium token BONE sees 145% increase in new joiners $BONE BoneArmy
Leer más »
Connext founder proposes ‘Sovereign Bridged Token’ standard after Multichain incidentThe proposal is intended to limit losses from events like the Multichain incident, where more than $100 million in unexplained withdrawals occurred.
Leer más »
Bitcoin could surge 300% to $120,000 as miners reduce token salesBitcoin could surge 300% to $120,000 next year as miners reduce token sales, Standard Chartered says
Leer más »
Here's What's Next for Cardano (ADA) as Token's Price Seems Ready to ExplodeCardano $ADA token price gets ready for next big move: Here's what to expect cardano ada cardanoada cardanocommunity
Leer más »