Aptos | APT vs SUIThe price of Aptos is $10.7 today with a 24hour trading volume of 128 million dollar. This represents a 7% price increase in the last 24 hours and a 6% price increase in the past 7 days
With a circulating supply of 190 Million APT, and YES we back to 2 billion dollar Marketcap. now lets compare SUI and APTOS
Both Aptos and Sui blockchains are designed to address the scalability and efficiency issues faced by the current generation of blockchain networks. They both implement one of the most advanced programming languages – Move, utilize parallel execution for high throughput, and offer low latency. These similarities make them attractive options for businesses looking to build blockchain-based applications. The language used for parallel execution in both Aptos and Sui is Move, which is based on Rust and was initially designed at Meta. The language offers powerful tools and features to build smart contracts and decentralized applications. However, Sui has its own version of the language.
Aptos follows the standard design outlined in Diem’s whitepaper, while Sui has a slightly different object model. Sui’s storage system is object-centric, which means that most things on the blockchain, including addresses and transactions, are represented as objects.Sui’s version of Move clearly indicates when an object is owned, shared, mutable, or immutable, whereas Aptos does not. Additionally, Sui’s ownership API is cleaner than Aptos’s, as it provides a clearer representation of the blockchain design
Sui and Aptos differ significantly in their architecture, particularly in how they utilize distributed ledger technology. Sui’s ledger is stored as a directed a cyclic graph rather than a blockchain like Aptos. While both designs are efficient and share similarities with traditional blockchains, their differences are essential to their consensus mechanism and scalability.aptos has a modular architecture that enables easy upgrades and customizations, while Sui focuses on a multi-layered architecture to separate the consensus, storage, and computation layers. This allows for improved scalability and flexibility in the network.The ecosystems are very different and extensive in both projects. Every day there is something new to discover at both chains. It’s hard to pick out an outsider and a favorite. Aptos blockchain got its popularity before Sui, but at the moment, judging by the number of followers on Discord, Sui is overtaking Aptos.
After a surge in the popularity of Aptos several months ago, many various projects were created and launched exactly using that blockchain. During the year 2022, over 100 projects were developed using Aptos network.the most popular projects built over Aptos include Pontem (a universal wallet) and Pyth (a modern oracle). Aptos boasts a growing ecosystem of tools, libraries, and developer resources, while Sui’s ecosystem is relatively nascent but has the potential to grow rapidly as more developers join the network.as for Sui, the mainnet of the network will only be launched in Q2 2023 and the testnet was launched in the last days of March 2023. Thus, the majority of the project is now TBA. One of the most remarkable Sui projects so far is Sui wallet. Still, the Sui blockchain has great potential to overtake Aptos due to its scalability level.
Aptos and Sui are two blockchain ecosystems with different approaches to their tokenomics. Aptos has released an overview of their tokenomics for their native token APT, but additional information is expected to be published soon. APT is currently used for PoS participation and liquidity incentives, with an initial supply of 1 billion tokens. The majority of the initial supply is currently staked for PoS participation, with the remaining tokens allocated to different categories.
On the other hand, Mysten Labs has published an in-depth whitepaper on the native token of Sui, SUI. SUI will be staked within an epoch to participate in the proof-of-stake mechanism and on-chain voting. Additionally, SUI will be used as the asset denomination to pay for gas fees and other operations on the Sui platform, with a total supply of 10 billion tokens. The exact allocation percentages for the distribution of tokens have not been released, but the presence of the storage fund can create monetary dynamics and reduce the amount of SUI in circulation.
In conclusion, both Aptos and Sui have their unique selling points and hold great potential for businesses looking to adopt blockchain technology. However, Sui and Aptos are rapidly developing ecosystems, they’re still pretty ‘young’ compared to other big players in the industry. Thus, they are definitely expected to settle all security audit issues soon.
Aptosforecast
#Aptos #APT price will repeat the #SUI maneuver?Today, we are talking about #Aptos, which is the counterpart to #Sui which we analyzed yesterday
Both projects are followers of the #Diem project from #META, which regulators did not allow making a breakthrough in the crypto world a few years ago.
While OKX:SUIUSDT price has already reached a powerful mirror zone yesterday, OKX:APTUSDT seems to have everything ahead of it.
When #APT price will be $7.50-8, you may wonder whether it is worth keeping the coin in your crypto portfolio.
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Aptos APT price is close to start powerful growthThere is only one thing worth noting on the #APTUSDT chart:
the APT price is consolidating above the strong mirror level of $8
🔼If everything continues in the same vein, #Aptos holders can expect an upward trend to emerge soon, with the first target at $13.6
🔽But do not get euphoric, you need to keep your mind cool, because if sellers manage to fix the #APT price below $8, then hello $5.50
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Aptos (APT) Might Resume its Upward Trend
In the past month and a half, the APT price has increased by 70%. However, following the achievement of a new local high at $8, the asset began a gradual decline, undergoing a local correction of approximately 20%.
Currently, the APT price is nearing an important support zone between $6.32 and $6.70. If the upward trend in Bitcoin's chart continues, buying APT at this range could be a good option. In this scenario, APT might resume its upward trend, targeting seller zones at $7.52-$7.81 and $8.14-$8.43, with the potential to reach new highs.
However, a correction in Bitcoin’s price could negatively affect APT. In this case, APT could break through its current range and set new lower levels at around $6.0 and $5.7.
APTOS. Has the APTUSDT price reached the bottom? When to buy?If we assume that the APTUSDT price has reached its bottom, falling to the first and only liquidity level from below - $5.50, we can experiment with wave analysis.
Most likely, the APT price movement is skillfully managed by trading bots. How else to explain the beautiful and rapid growth earlier, and the long and protracted correction, but exactly within the channel last few months?)
We have depicted the waves diagrammatically, because each wave needs to be recalculated as it grows.
However, if the bottom of the second wave has already been reached, then we can assume that the peak (3) of the wave may fall in the $60-80 price range.
Therefore, if you believe in the bright future of the Aptos project, or you are a medium and long-term investor in the cryptocurrency market, or even consider yourself to be in the first and second categories at the same time, then the $6-7 buying zone is for you)
Then wait a few months and fix x10 - easy money)
Of course, this is all theory; in practice, everyone makes trading decisions on their own and is personally responsible for their own deposit.
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APTOS Cryptocurrency SHORT Opportunity | 40% Downside Potential The APTOS Cryptocurrency or APT coin looks ready for a huge fall.
The coin is currently trading below the support level of 9.42-9.77. But to execute the short, we need to first wait for Daily Candle close below.
It is always better to wait for the candle close, as sometimes the price reverses and creates a wick.
Also, observe how price was making lower highs into the support which signifies sellers are getting strong and buyers are weak. The price action forms a DESCENDING TRIANGLE which is a bearish pattern if breaks down.
PLAN TO EXECUTE THE SHORT SETUP
-Wait for the daily candle ( 6/5/2023) to close below the support area.
- Once the candle closes below support, enter into short position with half the risk per trade you usually take. Support if you take 5% risk per trade, then take 2.5% in this entry
- Enter another half on retest of support as new resistance. You may place a short order in advance or wait for the price to come there and give another short signal ( depends on you trading strategy)
Stop Loss- Above 10.15
Targets:-
1. 7.6
2. 5.6
THIS IS A SWING TRADE
Keep trailing your stop loss
Let me know in the comments section if you want me to analyse any other cryptocurrency.
WARNING:-
ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.
aptusdt dailyHi Guys , hope you well
Aptos one off the new coin and i think one of the best in future ,it have some fundamental news next week ,
and chart in on support level, it will be good for hold ,
SecondChanceCrypto
⏰25/April/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
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APTOSUSDT Potential Bullish ActivityHi Guys, welcome to my TA analysis on a crypto thats been on the spotlight of late. This analysis looks at the USDT pair, not the BTC pair. Its important to state that though i am looking at the USDT pair, it is particularly important when trading crypto especially longer term trades like swings or investing to pay attention to what the BTC/Altcoin pair is doing.
With that i am looking at this trade after the BTC pair is at an uptrend and potential strong support area with indicators at relatively oversold areas. Also with BTC moving this high, reaching overrbought areas, its probable that profit taking occurs with money from BTC, moving into alts.
With that in mind, this chart pulled me in.
Lets first look at PRICE ACTION
We are currently breaking out of the downtrending resistance trend line from the HKEX:20 top in January 2023. Keep in mind it has not yet confirmed and its on the Daily timeframe ( todays candle has not yet closed). We need to wait and see if it confirms with some bullish candle patterns which ill be observing closely. If it confirms above this red trend line and or acts as support (meaning price action comes down to test it and wicks up), both scenarios i buy positions. Our first target will be the $13.80 level indicated by white line.
Also note higher lows are intact.
BTC moving sideways with APTOSBTC pair moving up will validate this and absolutely push this up.
Now lets look at the 2 indcators i got on my screen
1. RSI - Notice the RSI bounced off the moving average yellow line breaking over the red horizontal trend line. WHen ever white RSI line is above the yellow moving average, we tend to move up in price. The red horizontal line, though we dont have enough data on this coin, when we are above it and it acts as support we move massively up as noted with the previous price action to the HKEX:20 area.
NOTE, we have established higher lows on RSI as well, as long as we stay above the white horizontal line, we are good.
2. MACD - this is a momentum indicator, we have been flat for some time indicating in my opinion consolidation. But notice we also have higher lows forming on the blue/orange line. Currently we have crossed bullish and we are below the 0 line. If we end up moving above 0 line with bullish cross, i believe there will be massive uptrend momentum.
CONCLUSION: Overall price action is breaking out of this major 4 monthish resistance line. Note that todays candle has not yet closed, but will do so in 4 hours-ish. Also, If we can confirm above, this indicates a trend change to the upside or at the very least sideways action. However altcoins are dependent of how BTC acts so we must pay attention to BTC. Overall, in my opinion dictated by my trading principles we have not yet confirmed a trade setup but getting reallly close. I believe we will know more info in the next couple days to week (give or take couple days). So stay tuned.
Hope this gave some insight. If you liked my analysis please boost, follow and comment. Let me know if you want continual updates on this. Let me know if you want a BTC pair analysis. Check out my other analyses on BTC and if your into stocks, check those out too.
DISCLAIMER - This is not financial advise. I am not a financial advisor. This is for educational purposes and is my opinions only. When trading please do manage your risk well and trade safe with stop loss.
Aptos APT formed a bullish BAT for upto 15% pumpHi, dear friends, hope you are well and welcome to the new trade setup of the Aptos (APT) token with US Dollar pair.
Our last successful trade of APT was as below:
Now on a 4-hr time frame, APT has formed a bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Aptos APT price, where to fix profits?Congratulations to all those patient people who bought Aptos for less than $4, according to the idea
It is very likely that the APTUSDT price will be able to reach $23, and in an ideal scenario, $29. This is a profit of x4-x6 per month.
Even those who bought APT at the very beginning for $10-12 can record a decent profit.
There is still potential for growth in the crypto market
But remember: you need to take your profits from "the table" in time while the market allows you to do so.
In the crypto market, it is enough to use the rule: "Eat the crumbs after "the whales", and you will always be full."
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Aptos APT price has grown well, time for a correction?Three months ago, when the APTUSDT price was around $9-10, and the hype around the Aptos project was in high tones, we wrote an idea.
The idea was that everything might not be as great with the price as the project's marketers promised us, and even received "an Editor's picks" from TW's editorial board for this. We can say that they have a good and accurate "taste" to ideas)
In the same idea, we wrote that we were ready to buy APT for no more than $2-4 (then the price was 3 times more expensive).
Well, if you look through the idea, you will see that half of the buy range is worked out accurately. Well, thank you for that)
Now the APTUSDT price, having shown very aggressive growth in a short period of time, is again approaching the $9-10 zone from where the correction may begin
The correction may again lower the APT price to the $4-5 range. Therefore, remember: "Profit from the table must be taken in time, and do not regret your decision"
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Aptos APT forming a bullish BAT for upto 40% pumpHi, dear friends, hope you are well and welcome to the new trade setup of the Aptos APT token with US Dollar pair.
Previously we caught a nice pump of APT:
Now this time a daily time frame, APT has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Aptos APT price review without "rose-tinted glasses"For us, the APTUSDT trading pair is a dark horse. Everyone expects strong growth from the APT price (marketers did a good job in such a rotten crypto market), but it can easily fall.
We believe only what we see on the chart, and now there is no trading history. And we experienced good stories of marketers back in 2017)
The white paper spells out the noble goal of the Aptos blockchain - maximum facilitation for the transition and promotion of the community to Web3. And although it is predicted that Web3 will become a new hype, there is a nuance that the Web3 narrative and everything related to it has been discussed and developed for probably 15-20 years.
We also did not like the fact that the project's tokenomics was disclosed after listing APT on all top crypto exchanges.
Now 130 million out of 1 billion APT of the pre-established issue are in circulation, but the limit is not fixed, the issue may grow over time.
And although the tokenomics states that the bulk of APT tokens are locked down and will be unlocked within 4 years, and the first large unlock is projected for November 2023, there is a nuance:
From the way we managed to interpret the information, directly or indirectly about 80% of the Aptos token issuance is controlled by the team.
Also, the Aptos team asked not to start trading APTUSDT derivatives for at least 2 weeks after the launch of trading. Probably in order to prevent short position on APTUSDT, but some crypto exchanges already provide the opportunity to trade APTUSDT with x25-x75 leverage in both side.
Considering all of the above, we get the following:
1. since we expect the price of BTCUSDT to grow in the near future, the price of APTUSDT can easily shoot up to $11.75
2. to make a trading decision with our real money, we need to see the actual struggle of buyers and sellers on the chart, and not read the promises of the project developers or their marketers.
Therefore, as of now, the maximum we can afford in terms of risk management is to place limit orders to buy APTUSD in the range of $1.90-3.90 and wait a few weeks, maybe even less)
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