Going through the FANN!My message is in the title, and it should moon with a low market cap, and let's be serious, the people backing this will not let it fail.
Aptos
APTOS - don´t FOMO , let it drop Aptos had a lot of hype before listing.
Very similar to ICP.
APT pumped hard and dumped.
Currently the price is consolidating in the triangle , however you shouldn´t rush to buy. Why? Check other hyped projects. After strong pump , they have to bleed for some time before they have a bounce.
You can trade the breakout or just play the bounce if the price go into the buy zone there.
Good luck
Aptos: The new kid on the blockAs some of you know, Aptos recently launched its mainnet, airdropping free Aptos tokens to over 100k wallets. From what I'm seeing on the chart it looks the sell pressure is being absorbed pretty well and I'd be interested in a buy at a daily close above the stated level of $7.76.
This is the first time a coin has launched with perps and spot pairs on all exchanges at the same time. I guess it's time to see if it was a VC pump and dump all along or legitimately has a narrative to go on a post IDO up move. Time will tell.
Have a great weekend.
Aptos seems over pricedAPT (Aptos) from the very beginning of It's launch had controversy.
1. Tokonomics: About 80% of total token are holded by the developers, angle investors and founders of it.
That's means they have the power to make movement with this token
2. Transaction rate was totally a lie. They just told a number out of no where.
3. According to CoinGecko, token prices soared when the APT token debuted, reaching a peak of $13.73.
But as expected by the community and analysts, APT has already dropped by approximately 50% to $7.46 at the time of writing.
APT be very careful with the projects that are so new there's 2 visible patterns
the first one is the one that is in the picture that is a regular pattern that is better operate when broken and confirm it can be bullish or bearish
the 2nd one is a descending bearish triangle that is one of the most bearish patterns and like the 1st one it's better wait for the confirmation
