January 26, 2023, cryptocurrency asset aptos (APT) hit an all-time high and then lost 20% of its value over the next five days. It has lost 8.3% against the US dollar over the last 24 hours. Despite falling from all-time highs, APT is up 349% compared to last month’s exchange rate.
Aptos hits $20 cap, falls 20% from all-time high
Aptos, created by two developers from Meta’s former Diem cryptocurrency project Layer 1 (L1) blockchains saw significant growth against the US dollar last month. Six days ago it hit an all-time high of $19.92per unit. However, APT lost 8.3% in value over the last 24 hours, trading between $15.89 and $17.48 per coin.
Despite this decline, Aptos was one of the best performing cryptocurrencies in January 2023, up more than 400% from its all-time low on December 29, 2022. bottom. With a total value of $1 trillion as of February 1, 2023, APT ranks 28th by market capitalization.
Currently, the circulating supply of 161,361,143 APT is valued at $2.55 billion in US dollars. APT’s global trading volume in the last 24 hours was $423.74 million. 57.32% of that volume was exchanged for Tether (USDT) and 18.15% was exchanged for the Korean Won (KRW), making the Korean Won the largest fiat currency pair for the APT and the Euro or Euro. more than U.S. dollar.
About 1.46% of all APT trades today are exchanged for the Turkish lira. In the decentralized finance (defi) space, APT has a total value lock (TVL) of $61.24 million in defi on February 1, 2023. The Aptos team and community members have been on the “Aptos World Tour” and recently completed their stay in South Korea.
“When considering where to host our first hackathon, there was no question that Seoul was the number one choice. At the event. aptoscan. According to com stats, the largest wallet managed by the Aptos Foundation holds 52.53 million APTs, or 5.162% of the total supply.Top 5 APT wallets containing the largest addresses held by the Aptos Foundation holds 11.22% of supply among 3,101,008 unique addresses.
What do you think of the current state of APTs in the cryptocurrency market? Do you think it is or do you think it will continue to drop? } : Shutterstock, Pixabay, Wiki Commons, Editorial photo credit: Thomas Neveu / Shutterstock.com