Amidst the product correction phase in the cryptocurrency market, Aptos, the 1 blockchain protocol as the top 30 digital currencies that lost the most tasks in the past week, called Aptos. It appears that APT is currently seeing low buying pressure which translates into a decline in price. In line with the growth in rates recorded by the APT in January 2023, the correction is negligible. On the other side of Aptos, there will be technologies on the network in the near future.
In January, the price of APT successfully increased by 450%. As of this writing, the price of APT stands at 15.14 caps, down 3.34% in the past 24 hours, according to CoinGape price tracker.
Trading Distribution Indicates Indian Sentiment Low data from annual winds suggests investors are selling their APT tokens heavily. This could essentially mean there is less buying pressure, but there is some diversity in choices, according to Santiment Insights. However, the token is currently showing positive momentum with a strengthening price trajectory. Overall, negative reviews towards Aptos have been poor since the beginning of February. This has to do with uncertainty about longevity in terms of length in last month’s designs.
“Sentiment for APT has also been poor since the beginning of the month. This shows that sentiment remains in the market as it remains uncertain whether prices will continue to rise.”