Aptos cryptocurrency is a dark horse for us. Everyone expects the price of APT to grow strongly. Marketers have done well in such a weak crypto market. However, the probability of Aptos cryptocurrency falling is quite high.
We believe only what we see on the chart, and now there is no trading history. And we experienced the good stories of marketers back in 2017)
The noble goal of the Aptos blockchain is written in the white paper – maximum facilitation for the transition and promotion of the community in the direction of Web3. And although they predict that Web3 will become a new hype, there is a nuance. The Web3 narrative and everything related to it has been discussed and developed for probably 15-20 years.
Aptos Cryptocurrency Tokenomics
We also did not like the fact that the project’s token economics were disclosed after listing on all top crypto exchanges.
Now in circulation 130 mln. with 1 billion of pre-established emission, but the limit bar is not fixed, over time the emission may grow.
And although it is written in Tokenomics that the main mass of APT tokens is locked and will be unlocked within 4 years, and the first big unlock is predicted for November 2023, but there are nuances, again. From the way we managed to interpret the information, about 80% of Aptos token issuance is directly or indirectly controlled by the team.
Also, the Aptos team asked not to start trading APTUSDT derivatives at least 2 weeks after the start of trading, so that APT cannot be shorted, but some crypto exchanges already provide the opportunity to trade APTUSDT with x25-x75 leverage.
Aptos cryptocurrency is the main scenario
Taking into account everything written above, we get the following:
since we expect the price of BTCUSDT to rise in the near future, the price of APTUSDT can easily shoot up to $11.75
- 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 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 APT in the range of $1.90-3.90 and wait a few weeks, or maybe less)