Because Aptos was created by the same team that created Facebook's cryptocurrency, its rise has surprised the cryptocurrency community despite the ongoing cryptocurrency market slump. You should be aware that Aptos received millions of dollars in venture capital investment, which is leading some investors to believe that the APT would drop when trading started since many investors would be selling their assets. Because APT futures are being launched, the price of APT could decrease when it is listed.
ICP futures were offered on the exchange platform before the currency even began trading, which leads many people to believe that the coin crashed and burned. Even though some individuals believe this could occur APT, we can determine with certainty whether it might. You are aware that the APT Main Net was launched last Monday, and that Aptos's main concern at the time was not manipulating the future. This is due to user reports of speeds of only four transactions per second using Aptos. Given that Aptos is supposed to be able to process 160,000 transactions per second, you should be aware that this is the worst possible scenario.
The tokennomics for apt weren't made available by Aptos until the day after the introduction of the main net. They declare that early network users will receive Apt through airdrop. APT plummeted as a result of all this commotion, as you might expect, but it later recovered and hit a new all-time high. The marketing surrounding Aptos and the vesting schedule for APT may have contributed to the ascent of Apt. Since the vesting click won't occur until next year, early investors will sell fewer shares during current down market. Because APT is a new smart contract cryptocurrency, we don't know how well it will fare in current market.
APT has a very tiny ecosystem, and the current price movement is largely on conjecture. As you can see, the current state of the Bitcoin market is highly bearish for APT and several other altcoins. The main reason is speculating. Since APT was created by developers who worked on a digital project that the regulator crashed, I believe it carries its own risks.
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