Aptos Unlocks 24.8 Million APT Tokens Worth $200 Million 💸😱🚨
The Aptos blockchain, Level 1, founded by former Meta executives, is unlocking 24.8 million APT tokens today, representing 8.9% of its circulating supply, with an estimated value of over $200 million. 🐋
Most of the tokens are intended for the main participants, investors, the community and the Aptos foundation. After the previous unlock in November, the price of APT initially fell, but recovered in a bull market. The token is trading at $8.09.
Aptos, which uses the Move programming language, offers a faster and more scalable alternative to other networks, but ran into a glitch in October, causing temporary suspensions of funds on some crypto exchanges
$APT #Aptos
The Aptos blockchain, Level 1, founded by former Meta executives, is unlocking 24.8 million APT tokens today, representing 8.9% of its circulating supply, with an estimated value of over $200 million. 🐋
Most of the tokens are intended for the main participants, investors, the community and the Aptos foundation. After the previous unlock in November, the price of APT initially fell, but recovered in a bull market. The token is trading at $8.09.
Aptos, which uses the Move programming language, offers a faster and more scalable alternative to other networks, but ran into a glitch in October, causing temporary suspensions of funds on some crypto exchanges
$APT #Aptos
