Disclaimer: The Industry Talk section contains insights from players in the crypto industry and is not part of Cryptonews.com’s editorial content.
In the last quarter, the crypto market is showing more and more stability, with many coins experiencing a large price increase. Bitcoin, for example, rose 38% in 2023 and is now trading above $22,500 for the first time in two months.
In addition to Bitcoin, many of the top altcoins have seen similar or better price gains. For example, Aptos (APT), one of the newest blockchain projects, rose 54.73% this weekend based on data from CoinMarketCap.
APT is one of the best crypto coins of 2023 that was launched recently. In January, the token rose 248%. As a new crypto, it outperformed many other major cryptocurrencies such as Ethereum (ETH), Solana (SOL), Ripple (XRP) and Bitcoin (BTC).
Investigating the growth of APT course: What makes the project popular?
The big increase in popularity was thanks to the announcement that Binance, the largest crypto exchange, on January 20. According to the report, the listing fee for new crypto coins was increased from 1% to 3%. The Liquid Swap service on Binance has been expanded to include Aptos rate (APT/BTC and APT/USDT), the exchange also announced.
The automatic market maker strategy was used to establish Binance’s cash-based liquidity pool. This works similarly to other DeFi swaps in that it consists of multiple liquidity pools, each consisting of two tradable digital tokens.
Binance recently announced that they will be opening new liquidity pools that will support more markets. Its use will significantly increase trading volume for the APT/BTC and APT/USDT trading pairs. These two are already making big increases in trading activity.
Aptos was previously recovering from the recent market crash, but is now at an all-time high. The rally is an indication that more traders are getting to know the token and showing interest in adding it to the portfolio. It will be interesting to see how the coming weeks will play out for this new token.
Aptos price pump 68% to $13.77
Aptos is up 17% in the past 24 hours and up 68% in the past seven days. With a total market capitalization of $2.1 billion according to data from CoinMarketCap. The current Aptos price is $13.59 and the trading volume in the last 24 hours is $2 billion.
On the technical front, APT price has a bullish candlestick pattern known as “three white soldiers”, an indication that a possible uptrend is possible. The APT/USD trading pair has resistance at $16.95, while there is support around the $12.90 levels.
On the daily chart, it is holding the 50-day moving average at $5.20, which is well below the current price. The RSI and MACD indicators have entered the overbought territory. This may prevent a further upward trend.
As a result, it is important to keep an eye on $12.90. A drop below this price could end the bullish trend (for now). APT price still has a good chance to hold the bullish trend today.
3 coins to watch in Presale
Investing in altcoins through pre-sales is a way to get into a crypto project early. This way of investing requires a lot of research and consistency. The next three tokens have great potential to rise in the future.
Fight Out (FGHT)
Fight Out is a simple and inexpensive way to stay active. By investing in FightOut, you can get personal training at a low price. This means that even people on a tight budget can enjoy the benefits of exercise.
Although Move2Earn is a difficult sector to succeed in, it has great potential to convince people to play sports. The app will track all physical activity and connect it to an NFT avatar. FGHT adds a social component so you can compete against other people.
Many investors choose to invest in the $FGHT token. The promising project currently has a pre-sale, bonuses can be claimed while investing in this pre-sale. The bonus varies between 50% and 100%, depending on the initial investment amount. To date, more than $3 million has been raised.
Visit the FightOut presale now
C+Charge develops a revolutionary online payment system for charging electric cars. Users of the platform receive a reward for charging the car, credits can be converted into carbon credits. The ultimate goal is to reduce the emission of gases from the automotive industry.
The technology used by the platform is very advanced, it has the potential to revolutionize the carbon credit market. This gives the organization an additional way to create value.
VCMs are expected to be worth more than $100 billion by 2030, making the market very interesting for companies and investors. C+Charge already has more than $352,390 during the pre-sale, which shows that the VCMs sector is also more popular among investors.
Visit C+Charge now
Meta Masters Guild (MEMAG)
In the past few days, the Meta Masters Guild presale has gone from $200,000 to $550,000. This is a significant increase, which shows that there is great confidence in the project and the company. Meta Masters Guild will release the first game in Q3 2023.
The MEMAG network has been developing three games for a long time. In these games, it will be possible to earn and spend tokens in the future. These tokens can also be sold on the public market. The crypto game project is also developing a game where players will receive real prizes for playing the game.
It is possible to invest in this promising pre-sale crypto from $10. At this stage of the presale, tokens are only one cent, later in the presale this price will increase.
Visit the Meta Masters Guild Presale now