Popular altcoin of the last period aptos In a planned move, approximately the total token supply on Wednesday 0.5% of will be unlocked.
Altcoin Aptos (APT) Unlocks $50M Tokens That Could Put Selling Pressure
data, millions aptos (APT) circulating supply of the token on Wednesday 0.5% It shows that it will open with a planned move that will increase the rate of increase. The unlocking process April 12 at 05:30 expected to happen.
APT has increased by approximately 8% in the last 24 hours. from Bitcoin (BTC) and outperformed the general market. The Aptos network is currently valued at over $2.3 billion by market cap.
APT unlock is worth over $50 million at current prices. Unlocking refers to the automatic release of new tokens from any blockchain network, usually based on pre-planned token plans.
Around 84% of the total APT tokens are still locked, meaning current valuations are likely to plummet in the long run as most of the tokens are not yet released.
Token unlocks are important events that have the power to influence the market as participants react to the move.
The launch of tokens adds to selling pressure by allowing early investors, developers or other owners to sell their holdings while the price is still high.
However, depending on the underlying demand, new investors or traders may increase their current holdings for the token in question, leading the price to rise after the initial selling pressure has subsided.
*Not investment advice.
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