Aptos drops 20% from all-time high after 400% gain since late December

Aptos, a layer one (L1) blockchain created by two developers from the former Diem cryptocurrency project in Meta, has recorded a rise against the US dollar last month and hit an all-time high of $19.92 per unit six days ago. reached. Whereas in the last 24 hours, APT has lost 8.3% in its value and is trading between $15.89 and $17.48 per coin. As a result of this shortfall, the token was one of the top performing crypto assets in January 2023 and has gained over four hundred percent since its highest all-time low on December 29. The total value of thousands of cryptocurrencies in the industry appears to be 1 trillion as of February 1, 2023, and it occupies the 28th position in terms of market capitalization. Currently, the circulating supply of 161,361,143 APT is valued at $2.55 billion in USD. Its global trade volume in the last 24 hours was $423.74 million. Of that volume, 57.32% was exchanged for Tether ( USDT ) and 18.15% was traded for the Korean Won ( KRW ), making the Korean Won the largest fiat currency pair on APT other than the Euro or Then the percentage exchanged for US dollars is exceeded.
Approximately 1.46% of all APT trades today are exchanged against the Turkish currency and in the decentralized finance space, APT has a total value locked (TVL) of $61.24 million in DeFi as of February 1, 2023. The entire team and community members are currently on the “Aptos World Tour” which was recently completed in Korea and its co-founder and CEO Mohammad Sheikh specifically stated at the event that when considering When looking at where our first hackathon would take place, there was no doubt that the capital city of Seoul was our top choice.” The largest wallet controlled by the foundation, 52.53 million APT, or total supply, according to data from aptoscan.com The top five APT wallets, including the largest address from the Aptos Foundation, hold 11.22% of the supply among 3,101,008 unique addresses.



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