let us take a look at the APT price history. While past performance should not be taken as an indicator of future results, knowing what it has done since it was released can help give us some potentially useful context when it comes to either interpreting an aptos price prediction or making one of our own.
Aptos first came onto the open market in the small hours of 19 October 2022, when, according to data from CoinGecko, it was worth $13.73. Going from CoinMarketCap’s figures, it soon fell pretty spectacularly, down to a low of just under $6.69 a few hours later, before making a recovery as the day went on to stand at around $7.90 in the early afternoon and slipping to trade at around $7.10 at lunchtime on 21 October.
The poor early performance was not helped by reports of the system’s Discord being muted, which Shaikh claimed was a measure taken to prevent against scams.
However, after that it rallied, reaching a high of $10.25 on 23 October. The coin then fell somewhat to spend the next couple of weeks circling around the $7 mark, but the collapse of the FTX (FTT) exchange damaged both the market and the APT crypto, which sank to an all-time low of $3.60 on 9 November.
The news later that month that the Aptos blockchain was one of the blockchain organisations involved in the Web3 Recovery Intiative program, founded by Binance (BNB), saw a price rise to close the month at $4.78. The price hovered around that point before plummeting to $3.09 on 29 December and then closing the year at $3.45. The New Year saw the crypto market rally somewhat and, by the morning of 10 January 2023, APT was worth about $5.80, its best price in two months. The rise in the coin’s value was down, at least in part, to news that the PancakeSwap decentralised exchange was proposing to continue operating on the Aptos blockchain.
A bouyant market saw the price of APT continue to rise, culminating in a high of $19.90 on 30 January. The price then slid down, reaching a low of $9.77 in the wake of the collapse of the Silvergate bank on 10 March, before it recovered to trade at around $12.30 on 17 April 2023.
The coin’s circulation gave APT a market cap of a little under $2.3bn, making it the 30th-largest crypto by that measurement – a pretty impressive feat for something which had only been openly traded for less than six months.,