Popular Altcoin Price Collapses Before Millions of Dollars Unlock: Will the Downfall Continue?

The price of popular blockchain project Aptos (APT) is experiencing a pullback ahead of the $22.4 million unlock today.

According to Token Unlocks data, the grand unlock of tens of millions of dollars in Aptos is hours away. in Aptos 12 September 03.00 CET as of 22.4 million dollar worth 4.54 million APT The fact that it will be unlocked has caused a decrease in price.

Aptos during the day $5,409 from level to $4,887 retreating 9%It fell more than . According to general opinion, during lock openings, the supply in circulation is generally %oneThe release of more than 100,000 tokens would significantly increase the price. negative is reflected. Your circulating supply on Aptos 1.98% The fall with the release of supportive is available.

Both 50 as well as 200 days APT, which is below its moving average, seems to have lost an important support. In case of permanent under the said support, Aptos 4 dollars levels are expected to decline. But if Aptos regains support First, the 50-day moving average after aiming 8 dollars towards strong resistance at will move is considered.

According to CoinGecko data, APT at the time of writing From $4.98 is being traded.

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