Aptos is bullish in the market today and is one of the top gainers in 2023. APT spiked from $3.92 on January 8 to its all-time high of $19.90 on January 30, 2023. It is currently trading at $14.15 and is generating a buzz in the crypto community. Aptos’ rally might be a product of the developmental strides of the APT network.
What is Driving Aptos’ Rally In 2023
Cryptocurrencies benefit from positive news and developmental projects. Also, increased adoption by users and scarcity are some factors that could increase a token’s price. Here are some updates unique to the Aptos network that might be pushing its current gains.
Aptos Launches Trivia Tuesdays
Aptos network has decided to launch its Trivia Tuesdays from February 14, 2023. This event will involve users, who will answer ten questions about the network, and winners will get rewards. Such events help to create interest in a crypto project since it engages the community, and this announcement might have pushed the price.
APT Insane Blockchain Speed A Huge Selling Point
David.apt stated on Twitter that the Aptos blockchain is fast and is perfect for Decentralized Finance (DeFi) protocols such as Merkle Trade. From the tweet, image blocks were solved within 8 seconds, making the blockchain one of the most effective.
The @AptosLabs blockchain is fast!
The perfect chain for DeFi protocols like Merkle trade! https://t.co/GdAlNMUvfA
— david.apt (@david_wolinsky) February 10, 2023
The speed of transactions is a huge factor for most blockchain users. Aptos’ team claims the blockchain can handle more than 150,000 transactions per second (tps). This feature has increased its fanbase and indirectly influenced the price.
Aptos Price Prediction
Aptos is displaying bullish energy in the market today. It is on its second consecutive green day and is trading above its 50-day and 100-day Simple Moving Averages (SMA). It implies that APT will soar in the short term as it seeks to rally again. The 50-day SMA has crossed over the 100-day SMA, a bullish signal.
The support levels are $11.57, $12.02, and $12.90; the resistance levels are $14.22, $14.67, and $14.22, $14.67, and $15.55. The support level of $12.90 has proven to be critical since the price of Aptos has bounced off this level to resume its uptrend.
The Relative Strength Index (RSI) is at 51.63, which indicates neutrality. However, the indicator is rising gradually and might move closer to the overbought region of 70 in the coming days. The Moving Average Convergence/Divergence (MACD) is below its signal line, a bearish sentiment. However, if the bulls persist, the MACD will retrace to the upside above the signal line.
APT closed with a red candle on February 12 and a green candle on February 13. February 14 will confirm the direction of the trend if it is an uptrend or if a further pullback will occur. Expect Aptos to test the $14.22 resistance level in the coming days.
These Presales Will 10X Your Investments
Cryptocurrencies have to potential to explode and yield profits for investors. Here are some altcoin presales that you cannot afford to miss.
Meta Master Guild (MEMAG)
MEMAG is a revolutionary gaming platform that will transform the gameplay model of the metaverse. Meta Kart racers, the first game of the project, is already in the works and bears striking similarities to traditional racing games, filled with exciting challenges.
Also, Raid NFT, another game that will launch on the Web3 platform, is an NFT game where players can choose a warrior class and use their gaming skills to unlock different levels in the game. These games support the play-to-earn model, where players earn rewards for achieving milestones.
GEMS are given to players as rewards on the platform, and MEMAG, the native token, is used to process transactions and engage in on-chain governance. These MEMAG tokens are now available on presale and are affordable at 0.023 USDT.
The value of the tokens has increased with each of the presale stages. MEMAG’s presale is rounding up in the next few days, and the time to act is now.
Carbon emission is one of the challenges in the world. Crypto, over the years, has modified its approach to embracing more environmental-friendly procedures. C+Charge offers its users an innovative platform offering smart charging solutions for electric vehicles.
CCHG, the native token of the platform, is used as a payment token to charge electric vehicles (EVs). These EV owners receive carbon credits for transacting on the platform as rewards. The credits can be sold or converted directly to CCHG tokens that can serve for another charging session reducing costs.
The platform offers users a mobile app to locate the closest charging station, which will come in handy for long trips. Also, the platform intends to create a fault detection mechanism for electric vehicle users as one of the additional benefits. C+Charge long-term ambition is to build its charging stations. However, they will partner with the existing ones while these plans unfold.
The fundraising round has reeled in $996,000 and will still rise as more investors scramble for the token. CCHG is currently worth 0.0145 USDT at presale and is in phase 2. This phase is close to expiration, and the price will rise to 0.016 USDT.
This move-to-earn platform seeks to promote fitness and healthy living among its users. It integrates Web3 services to track user fitness and provides easy access with the fight Out mobile app. This mobile app comes with detailed tutorials to assist different categories of users.
FightOut users can access personalized fitness tips from professionals on the app, which they can adopt in their daily regimens. Professional athletes have linked up with the platform, indicating its top-notch quality.
The developers also plan to set up physical fitness centers in 20 different locations across the globe. These centers are accessible with the mobile app. Also, users will receive REPS tokens for partaking in physical activities.
The presale has been an outstanding success, accumulating over $4.1 million. FGHT tokens are available for 0.02171 USDT and will increase till the end of the presale. FGHT will be listed on centralized exchanges soon and will be available for trading within the first quarter of 2023. The tokens purchased before listing could be an avenue to make a profit.
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