APTUSD - Ugly Chart, Creepy FounderI heard Arthur Hayes mention this coin.
I like Arthur Hayes and I learn from him.
He knows there's BTC, and everything else is very risky and long term very speculative, and there won't be many winners when the dust settles.
For now, all non-BTC crypto is good only for certain people: Founders, VCs, insiders, and extremely good, nonemotional traders.
This Aptos chart looks ugly. Highly manipulated. Despite the relatively low price, now doesn't look like a good entry. It would be just guessing, throwing darts blindly at a target, unless you're one of the market makers or have inside information.
I looked up the founder and that confirmed my hesitation. I got the creeps! This is not "the next Solana."
I don't think the risk - reward outlook is very good on Aptos, even with someone as smart and talented at pumping as Arthur Hayes involved. I'm staying away.