Aptos (APT) rises after acquisition and market performance
After Aptos Labs acquired Japanese blockchain developer HashPallete, Aptos (APT) surged more than 10% in the past 24 hours, leading the market. The acquisition aims to expand Aptos' business in Asia. As part of the acquisition, HashPort Inc. will migrate the applications of Pallete Chain and its subsidiaries to Aptos Network, which is expected to be completed in early 2025. After the announcement, the price of APT rose to the resistance level of $8.66 and then retreated to $8.51. It is one of the few cryptocurrencies in the top 100 tokens by market value that recorded an increase, with weekly and monthly lines rising by 7.5% and 41% respectively, and daily market trading volume soaring by 41.7%. Many cryptocurrency analysts pay attention to its performance and believe that it is strong. The next major resistance level is at the $9 mark. If it cannot be recovered, the price may fall to the $7.95 support area. Some market observers say that the performance of altcoins may be close to a breakthrough.
After Aptos Labs acquired Japanese blockchain developer HashPallete, Aptos (APT) surged more than 10% in the past 24 hours, leading the market. The acquisition aims to expand Aptos' business in Asia. As part of the acquisition, HashPort Inc. will migrate the applications of Pallete Chain and its subsidiaries to Aptos Network, which is expected to be completed in early 2025. After the announcement, the price of APT rose to the resistance level of $8.66 and then retreated to $8.51. It is one of the few cryptocurrencies in the top 100 tokens by market value that recorded an increase, with weekly and monthly lines rising by 7.5% and 41% respectively, and daily market trading volume soaring by 41.7%. Many cryptocurrency analysts pay attention to its performance and believe that it is strong. The next major resistance level is at the $9 mark. If it cannot be recovered, the price may fall to the $7.95 support area. Some market observers say that the performance of altcoins may be close to a breakthrough.
