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.
Aptosusd
APTUSDT Next target?? APTUSDT is currently testing a key resistance level. A breakout here could signal a significant upward movement, potentially doubling investment in the near future.
Always keep Stop loss!!
APTUSDT (1D Chart) Technical analysis
APTUSDT (1D Chart) Currently trading at $7.3
Buy level: Above $7.5
Stop loss: Below $6
TP1: $9
TP2: $11
TP3: $13
TP4: $15
Max Leverage 3x
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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)APTOS (APT) is a high-performance blockchain designed for scalability and security, utilizing a novel consensus protocol to achieve superior transaction speeds and robustness. This platform aims to address the limitations of previous blockchain systems by offering a more accessible and user-friendly approach for developers and users alike.
In light of APTOS's advanced architectural features and its recent market performance, the next price targets for APT could be $13.50, $16.50, and $22.00. Investors might consider taking a position at the current price. This trading idea leverages the ongoing enthusiasm for innovative blockchain platforms that promise to enhance scalability and user experience.
APT: Channel UpTrade setup : Price is in an Uptrend, showing relative strength as it continues to advance even during an overall market correction. We would be buyers on pullbacks to Channel support trendline (~$16.00). Stop Loss (SL) at $14.50.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $15.00 (previous resistance), then $13.00. The nearest Resistance Zone is $16.75, which it broke, then $20.00.
APT: Channel UpTrade setup : Price is in an Uptrend, showing relative strength as it continues to advance even during an overall market correction. Bullish break above $15.00 resistance signals continuation of an Uptrend with +10% upside potential to $16.75 near-term. Stop Loss (SL) at $13.90.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $13.00 (previous resistance), then $11.00. The nearest Resistance Zone is $15.00, which it broke, then $16.75 and $20.00.
APT: Resistance BreakoutTrade setup : Price resumed its Uptrend. Bullish break above $13.00 resistance signals continuation of an Uptrend with upside potential to $15.00 near-term and $16.75 mid-term. Stop Loss (SL) at $12.00.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $11.00 (previous resistance), then $10.00. The nearest Resistance Zone is $13.00, which it broke, then $15.00.
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.
💮Review of the Aptos(APT) Project💮Hello! Today, let's review one of the ✴️cryptocurrency projects✴️ which is the talk of the town these days, the Aptos Project.
Today's project name is 💮 Aptos Project, shown as APT token💮.
As I have said before, I evaluate crypto projects based on various factors .👇
I have already introduced each of these factors with a brief explanation, so today, I will be looking at Aptos (APT) .
🔥Let’s get into it:
🔰🔰🔰🔰🔰🔰
✅ Project Goals : Aptos is a Layer 1 Proof-of-Stake (PoS) blockchain that employs a novel smart contract programming language called Move, a Rust-based programming language independently developed by Meta (formerly Facebook)’s Diem blockchain engineers. The Aptos blockchain aims to achieve the following:
Scalability: To support a large number of transactions per second (TPS) and to minimize transaction💴 costs without sacrificing security. Aptos can theoretically achieve a throughput of over 150,000 TPS.
Security: To provide a robust and secure infrastructure that can protect against various attacks, including 51% attacks and other network disruptions.
Developer-friendly: To offer a user-friendly😊 interface and a suite of developer tools that make it easy for developers to build and deploy dApps on the Aptos blockchain.
Interoperability: To ensure that the Aptos blockchain can interact with other blockchain networks and traditional databases, allowing for greater interoperability and flexibility.
By achieving these goals, the Aptos blockchain aims to enable a new generation of decentralized applications to operate more efficiently, securely, and transparently than traditional centralized applications. This is why I have scored Aptos’ project goals 7/10.
✅ Founders : Aptos was founded by Mohammed Sheikh, also known as Mo Sheikh, and Avery Ching. Mo holds a Master's in Business Administration, and his resume includes BlackRock, the Boston Consulting Group, Ethereum builder Consensys, and Meta (formerly Facebook). Avery Ching holds a PhD in Computer Science🖥 and has spent most of his career working as a principal software engineer at Meta, which is one of the highest positions in the company. This is why I have scored the Aptos founders 8/10.
✅ GitHub : Aptos Labs has a public GitHub repository that contains the open-source code for their Aptos blockchain platform. The repository includes various software components, including the core blockchain protocol, smart contract libraries, and various developer tools.
The Aptos Labs GitHub repository is a valuable resource for developers interested in building decentralized applications (dApps) on the Aptos blockchain. The repository is regularly updated with new features, bug fixes, and other improvements, and developers are encouraged to contribute their own code and ideas to the project.
In addition to the open-source code, the Aptos Labs GitHub🌐 repository also includes documentation and tutorials that guide how to use the platform and build dApps on top of it. This makes it easier for developers to get started with the Aptos blockchain and to take advantage of its unique features and capabilities. The Aptos GitHub repository currently has over 400 contributors with more than 17,000 commits which made our experts score Aptos’ Github 8/10.
✅ Inflation Rate : Aptos launched its Mainnet with an initial total supply of 1 billion tokens in October. With new tokens minted through transaction fees and staking rewards, the total supply of Aptos has reached 1.024 billion during the past 6 months. This means Aptos has had 2.4% inflation over 6 months, and knowing this, I can say that the $APT token inflation rate is at least 4% annually. This inflation rate isn’t awful, but it also isn’t very great looking at Bitcoin’s current 1.8% inflation or Ethereum being deflationary, which is why I have scored $APT token’s inflation rate 6/10.
It's important to note that inflation rates can change over time as the underlying blockchain protocol is updated or as market conditions shift, so it's possible that the inflation rate of the $APT token could change in the future.
✅ Community : Aptos team has been actively working to grow their community through social media activity and other methods. The Aptos Twitter account has over 375K followers, their Discord channel has almost 150K😈 members, and they are also active on platforms such as LinkedIn and Medium. Therefore I have scored the Aptos community 7/10.
✅ Whitepaper : The Aptos whitepaper explains the founders’ vision in detail. It talks about the new smart contract programming language called Move, which is based on Rust. Also, the logical data model for Aptos is thoroughly explained in the whitepaper. The technologies used in Aptos, such as parallel transaction processing for achieving higher throughputs, are also explained in the whitepaper. The Aptos Whitepaper being complete and detail-oriented, has made our experts score it 8/10.
✅ Developers : Since the project was founded by people with great experience in tech companies, its developers can only be up to their standards. According to the Aptos website, more than 350 developers are currently working on the Aptos blockchain. The GitHub repository for Aptos also shows more than 400 contributors submitting commits. But you should also know that even though the devs claimed that the Aptos blockchain could process 150,000 TPS, on the day of its Mainnet launch, only 4 transactions were getting confirmed per second, and the blockchain was facing a lack of users. This is why I have scored the Aptos developers 7/10.
✅ Tokenomics : Aptos launched its Mainnet with an initial total supply of 1 billion tokens, of which 510 million were distributed to the community, 190 million to core developers, and the rest to the Aptos Foundation and private investors. Tokens held by private investors and core contributors are subject to a 4-year lockup schedule. The Aptos Foundation holds 410 million tokens, which will be released over the next 10 years, with 125 million available initially to support ecosystem projects, grants, and community growth initiatives. Rewards for token holders who stake their tokens start at 7% annually and decrease to a lower bound of 3.25%. Community sentiment has been critical of the large allocation for developers and also the Aptos team has not been transparent about their tokenomics and average retail investor has to really dig in to find some valuable information, so I have scored the Tokenomics for Aptos 6/10.
✅ Venture Capital Investors : Aptos collected $350 million from VC investors in a funding round. The investors included Tiger Global Management, Andreessen Horowitz, Paxos, BlockTower Capital, Circle Ventures, Multicoin Capital, PayPal Ventures, and more. But what raises concern is that Aptos could collect such capital before they had released a whitepaper or provided any details about their tokenomics. This is why I have scored the VC investors of Aptos 6/10.
✅ Competitor Comparison : What makes Aptos separate from all its competitors such as Solana, is its novel smart contract programming language Move. Solana’s founder has reportedly admitted in an interview that the Solana team is really concerned about a competitor L1 with a new execution layer. This, along with the fact that Move is a very developer-friendly language, could mean many devs leaving the Solana ecosystem in order to build on Aptos. Another difference between Aptos and other L1s that I should mention is that tokens on the Aptos blockchain are apparently controlled by the entity that issues them. This means that any token on the Aptos blockchain can be frozen, burned, or minted at will by whoever created it. This is an intentional design choice as the Aptos founder mentioned in a panel discussion that the Aptos blockchain can comply with regulations. This point creates concerns about censorship and the decentralization of the project, which is why I have scored Aptos compared to its competitors 7/10.
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🔔 In conclusion , Aptos obtained an overall score of 7/10 which is decent but there are a few concerns about this project that you should keep in mind if you’re considering investing in it. The biggest concern is the ridiculous disconnect between the supposed quality of the project and its transparency and organization. Aptos has technically been in development since 2017 and has had access to unlimited resources for research and development for years. It raised $350 million without a whitepaper or tokenomics, while Aptos Labs had 350 employees supposedly. So why didn’t Aptos completely hammer out the tokenomics of its $APT token? Aptos still lacks a YouTube channel; no information is available on who runs the validator nodes on the Aptos blockchain. There is also no information on which wallets belong to Aptos Labs and Aptos Foundation. These are all concerns that anyone should consider before inventing.
Aptos drops more with the Failed Falling Wedge pattern📉Aptos seems to want to touch the lower 🟢support zone($10.4-$9.7)🟢 with the failed falling wedge pattern.
Also, Aptos is moving in the descending channel, so we can consider the return of Aptos to the upper line of the descending channel as a pullback of the lower line of the failed falling wedge.
Aptos Analyze ( APTUSDT ), 4-hours time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Aptos Analyze (Road Map, 03/16/2023)!!!🗺️Today let's take a look at the Aptos project 🗺️road map🗺️.
Aptos has managed to break the downtrend line, but Aptos is expected to return to the downtrend line(pullback) and support line.
Aptos is then expected to grow again to the 🔴resistance zone($14.86-$14.1)🔴 that it failed to break in the first attack.
Aptos Analyze ( APTUSDT ), 4-hours time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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 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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