Why is Aptos pumping ? | Bitcointalksearch.org

Xal0lex

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Quote from: Len Saldua on January 25, 2023, 03:18:32 PM

Okay, I know that the founders are pretty clever and accomplished, but you could say that of
just about every Layer 1 project. Why is Aptos special ? What does it bring to the space that other
L1 projects can not offer ? We already have too many of these, all of them run by geniuses, all of them
with ground-breaking technologies, and I don't see any of them pumping the way Aptos is ? Or is it because this
project is new or something ? Frankly I don't get why Aptos is so important, but I'm open minded, and
willing to listen.

And why not? Aptos is concentrated in the hands of funds and there could be a Solana-like story here. Big manipulation and a rapid rise in price, thanks to the manipulation of the big players. Aptos could easily throw much higher, at $50 for example. I saw in another topic that on some exchanges there is an abnormal trading volume. I think, it was not done without early investors, which pump up the price of Aptos and not allow it to decrease.

Ahli38

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Actually, the increase that occurred in Aptos has reminded me of the journey of Solana who also did the same thing at the beginning when they started the hype in the market. And that certainly made me more careful. on the one hand I see higher upside potential. But I also have to be prepared with high risks. indeed many projects have sprung up in the solana network but still, the increase that has occurred and so quickly in these weeks still holds a bit of a question mark for me. But I don't want to miss an opportunity. because I used to get a lot of benefits at Solana. and I hope this time I will get a lot of benefits on Aptos. some reason may be due to submission of Confirmation Proposal for Aptos Multichain Farm Emissions. but DYOR.

Alduron

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Here is an AMA with a couple Aptos ecosystem projects hosted by AptosLaunch:

Spaceport AMA with HedgePay, Abel Finance and Libertum Project. Starting NOW🔥
Date: 29/1/2023
Time: 5pm UTC
Join at: https://twitter.com/i/spaces/1RDGlaoDWkRJL

Oilacris

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Quote from: Len Saldua on January 25, 2023, 03:18:32 PM

Okay, I know that the founders are pretty clever and accomplished, but you could say that of
just about every Layer 1 project. Why is Aptos special ? What does it bring to the space that other
L1 projects can not offer ? We already have too many of these, all of them run by geniuses, all of them
with ground-breaking technologies, and I don't see any of them pumping the way Aptos is ? Or is it because this
project is new or something ? Frankly I don't get why Aptos is so important, but I'm open minded, and
willing to listen.

There are lots of coins that are pumping now which would already be boggling up your mind on how the heck is happening but if you do look up on their real use case then you could say that it is really

the main reason + having this bullish run or positive market condition which is the reason on why they are really making those huge gains.This is why this doesnt only limit out on Aptos but
also into other coins that i know like RON, APE which these coins are really that common.

Pumping? There's always a tendency and you cant rule out on what actually happened behind.

bittick

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Quote from: Hildentine on January 27, 2023, 11:20:28 AM

In this case i simply said that aptos is very good project but i am not sure that its rise more future but Aptos is very strong project recently they give a big airdrop to there users i see that many people interested in that project so if people show interest so they easily rise more in future.

Aptos backed by so many major investors in crypto and it has been running by the team that has been involved in the diem project. airdrop was only a way to attract people to come in the ecosystem but the fact that if aptos is slowly moving up has proven that if people interested on it.
Aptos has been slowly building its ecosystem and it was getting even bigger by getting more userbase. So many people are starting to take a look at aptos as a potential blockchain that can enter into the top 10.

Alduron

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Quote from: Hamza2424 on January 27, 2023, 02:53:08 PM

Yes, dear, I have also observed that last night but unfortunately i didn't find the reason as i am not reading currently much about alts so i think I missed it up. But i think from the thread discussion i can figure out this one and maybe i can book some profit after reading g some and content also by some analysis on the current movement of Aptos. Anyway currently FTM and Aptos both are hot topics.

We are still super early, you did not miss the chance.
Happy that my info on here was of service to some of you guys, ALT gained like 400% in a few days now.

Hamza2424

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Yes, dear, I have also observed that last night but unfortunately i didn't find the reason as i am not reading currently much about alts so i think I missed it up. But i think from the thread discussion i can figure out this one and maybe i can book some profit after reading g some and content also by some analysis on the current movement of Aptos. Anyway currently FTM and Aptos both are hot topics.

Hildentine

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In this case i simply said that aptos is very good project but i am not sure that its rise more future but Aptos is very strong project recently they give a big airdrop to there users i see that many people interested in that project so if people show interest so they easily rise more in future.

bbigtart

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I think that the sudden rise of Aptos like this is not a coincidence and it doesn't just happen. There must be something that can pump Aptos, It's all because Aptos recorded a significant price increase in the last few days. This was caused by contributing to investors resulting in an increase in trading volume in several Aptos NFTs.
Be careful if you want to invest, Altcoins are difficult to predict.

Alduron

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Aptos would not be hyped if we already did have an L1 like Solana but with very high security and stability.
We do not, and that's why Aptos can take this spot. Look into Circle's goals, they invested big into Aptos.
If you understand what they are planning to do you will understand why the big players are ready to go with
Aptos, they are not stupid money.
Check out the APT ecosystem growth AMA hosted by AptosLaunch, 5.8k listeners:
https://twitter.com/i/spaces/1kvJpmVyqRXxE

dimonstration

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Quote from: Len Saldua on January 25, 2023, 03:18:32 PM

Frankly I don't get why Aptos is so important, but I'm open minded, and
willing to listen.

Their NFT marketplace contributes a lot on the hype with their Blockchain. Based on what I read they have new NFT projects that new cool idea which many user buying on this crypto rally. The hype on NFT makes Aptos popular and hype plus the news that Pancakeswap will be starting to build soon in their blockchain.

I knew that this is really a nonsense news. But anything that is good news will give a huge impact on this hype Blockchain. Aptos is a pump and dump project surrounded by shady tokenomics. Everything about this project is shady so expect unusual price behavior on this token.

Bitstar_coin

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Probably investors and traders are not yet done with the hype, the project is relatively new and many investors did not have the opportunity to react into buying the project the way they should.
Aptos may be a solid project and have good prospect but that's not enough to pump this coin so hard, I guess we would find out by November when the next tokens are unlock. Those who are beneficiary of the airdrop must be very pleased with this sudden price hike.

zasad@

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Quote from: Len Saldua on January 25, 2023, 03:18:32 PM

Okay, I know that the founders are pretty clever and accomplished, but you could say that of
just about every Layer 1 project. Why is Aptos special ? What does it bring to the space that other
L1 projects can not offer ? We already have too many of these, all of them run by geniuses, all of them
with ground-breaking technologies, and I don't see any of them pumping the way Aptos is ? Or is it because this
project is new or something ? Frankly I don't get why Aptos is so important, but I'm open minded, and
willing to listen.

You need to study the tokenomics of the project. The next token unlocks will be in November 2023, but so far there are very few tokens on the market. This is an airdrop and some ecosystem tokens. According to analytics, more than 95% of all available tokens are on 20 wallets, but there are also exchanges in this list. The greed of the manipulators can raise the price to the maximum values, and in November there will be a sale of the tokens that are being compromised.

DanWalker

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Quote from: Len Saldua on January 25, 2023, 03:18:32 PM

Okay, I know that the founders are pretty clever and accomplished, but you could say that of
just about every Layer 1 project. Why is Aptos special ? What does it bring to the space that other
L1 projects can not offer ? We already have too many of these, all of them run by geniuses, all of them
with ground-breaking technologies, and I don't see any of them pumping the way Aptos is ? Or is it because this
project is new or something ? Frankly I don't get why Aptos is so important, but I'm open minded, and
willing to listen.

Let's ignore why APT is pumped so hard because when bitcoin goes up, the whole market goes up too. But in my opinion, if you want to invest in altcoins, you should choose new and potential projects instead of old ones. Already invested in altcoins, the risk is almost the same, but the return on new altcoins will always be more profitable, they are easier to pump than the older altcoins with large caps. There is still an investment opportunity with APT because the real bull season is yet to come, but let's ignore it for the next bear season, that's how I invest in altcoins.

CryptoYar

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Quote from: electronicash on January 26, 2023, 09:23:43 AM

i guess it's considered again an ETH killer as well? they all fail though like the previous L1s.

I think Aptos is a direct threat to Solana as it has already taken the title of fastest blockchain from Solana.

tvplus006

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Quote from: Len Saldua on January 25, 2023, 03:18:32 PM

...Frankly I don't get why Aptos is so important, but I'm open minded, and
willing to listen.

Investors have a large number of coins concentrated, which will be unlocked within 10 years, according to the established schedule. Those coins that are currently traded on the market are not enough to meet the demand for APT. Even the first unlock of coins could not meet the demand and the price of the coin continued to increase. In this case, the price of the coin may increase many times until the demand equals the supply.

evichi

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I think Aptos pumping could be as a result of the following: First, prominent personalities and institutions invested heavily in the Aptos project, so basically, this will attract more individuals as well as more institutions to key in, buy/invest in the project which will make the value to go up. Secondly, Aptos technology promises to execute faster transactions when compared to that of Ethereum (https://coinmarketcap.com/currencies/aptos/), as well as other unique qualities - this will equally attract more investors as well as more exchanges. Exchange like Pancakeswap, have also keyed in to Aptos ecosystem, and many more crypto institutions are keying in. Another reason could be the recovery from FTX collapse since Sam Bankman-Fried’s FTX was a supporter of Aptos project. Aptos project is backed by key engineers and crypto experts some of whom were formerly Facebook’s Diem blockchain engineers. All these have the possibility to attract attention to Aptos project leading to a spike on the value, just my humble opinion.

Blitzboy

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We will never understand the market fully. Just follow the trend, accept the myth but still have a sharp mind to stay away from FOMO. Coins are just randomly pumped and dumped and when they do, FOMO is what make it rise even higher

I have read about Aptos, they are indeed good project. But buying their tokens at this point is not a wise decision. I will choose to stay behind the scene and wait for a good shorting position.

electronicash

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i guess it's considered again an ETH killer as well? they all fail though like the previous L1s.
to what i have heard about Aptos, the people behind Solana are also the ones that are backing Aptos who are also the FTX people. i'm not sure how true this information is but we can read it from this article.

Quote from: https://boxmining.com/aptos-blockchain/

Moreover, the team at Aptos has been actively hiring, most notably they have acquired several former Solana staff such as Austin Virts, former Head of Marketing at Solana.

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Quote from: Len Saldua on January 25, 2023, 03:18:32 PM

Okay, I know that the founders are pretty clever and accomplished, but you could say that of
just about every Layer 1 project. Why is Aptos special ? What does it bring to the space that other
L1 projects can not offer ?

To be honest aptos was not offering something special but you shall know how crypto market works today. aptos was offering the same thing like what already offered by another projects.

Quote from: Len Saldua on January 25, 2023, 03:18:32 PM

Or is it because this
project is new or something ?

That project was still new and there was no a pump that ever happened before. that is how crypto market is working. Sometime a new token will be pumped so high after it was getting dumped but yeah it will come back again to the its low price in the future.

Quote from: Len Saldua on January 25, 2023, 03:18:32 PM

Frankly I don't get why Aptos is so important, but I'm open minded, and
willing to listen.

It's only used as pump and dump coin to make money from the market . no more.

Supianto

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It might be just hype and good promotion. The funny thing about promotion, I found out about Aptos because someone on Twitter was asking why is it pumping...

hopenotlate

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Their NFT marketplace, Topaz, was able to increase significantly the trading volume on it on last Monday, they have a couple of interesting NFT collections, namely Aptomingos and Aptos Monkeys, that gained quite a good interest amongst crypot twitter community users.

Trading volume for Aptomingos only is up 250% over the last 24 hours according to Topaz. (source Coindesk)
Also rising interest in this project is also related into an 3 steps upgrade, to be completed within Q1 this year, which will improve network efficiency and will significantly reduce gas fees.

And even if it is true that sometimes traction generates more tractions by itself I dont' think the two things mentioned above can justify the staggering increase in token prices on their own: in my opinion there is surely something most people ignore about the real reason of it.

Questat

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Quote from: Strongkored on January 26, 2023, 06:42:37 AM

It does not need to be a good project to get pumped because all coins can experience this, it can happen because the investor does it after waiting for a long time or also a group that always targets to pump a coin because it has hold it in advance and releases it at the right time to take profit, don't miss it because usually this is only temporary before the market goes in the opposite direction.

Hypes usually happen in a project that has been an influence on known personalities and much more if it was been promoted in social media.
In fact, I'd never see any reason why Aptos has been in this situation, it is probably because of manipulation happened. But you are right, things like this have only a short life, they drop again and even will collapse totally.

A thing like this is very risky to invest with, we have to exert caution when investing coins that are in pump especially if they are new projects and have no working products.

Strongkored

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It does not need to be a good project to get pumped because all coins can experience this, it can happen because the investor does it after waiting for a long time or also a group that always targets to pump a coin because it has hold it in advance and releases it at the right time to take profit, don't miss it because usually this is only temporary before the market goes in the opposite direction.

JeromeTash

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Just hype, nothing else. You don't have to overthink everything, especially when an altcoin pumps they are pretty random and sometime are just organized pump and dump schemes which are created to profit from not-so-well-informed traders

Be very careful, do not just FOMO because you have seen a coin or token pump out of nowhere.

Jackl87

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Quote from: Len Saldua on January 25, 2023, 03:18:32 PM

Okay, I know that the founders are pretty clever and accomplished, but you could say that of
just about every Layer 1 project. Why is Aptos special ? What does it bring to the space that other
L1 projects can not offer ?

For me Aptos is a whale coin. If i remember correctly, then the team behind Aptos has raised more than 400 Million $ from the big VC's. One of them was Alameda (FTX), that is also the reason why the Aptos coin lost a lot of value when the events around FTX unfolded a few weeks ago. Now that everything is recovering again projects that have lost harder than the average before just gain more than the average.
In addition to that though i also think that whales are manipulating the Aptos price. I read somewhere that the first big token unlock of the VC's is happening in a few months or so and that is why they are pumping the price now. As a small investor i would not touch Aptos until all the seed and private sale tokens are unlocked.

Blawpaw

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Quote from: Len Saldua on January 25, 2023, 03:18:32 PM

Okay, I know that the founders are pretty clever and accomplished, but you could say that of
just about every Layer 1 project. Why is Aptos special ? What does it bring to the space that other
L1 projects can not offer ? We already have too many of these, all of them run by geniuses, all of them
with ground-breaking technologies, and I don't see any of them pumping the way Aptos is ? Or is it because this
project is new or something ? Frankly I don't get why Aptos is so important, but I'm open minded, and
willing to listen.

I guess I should note that in the cryptocurrency and blockchain space, there are many projects with similar technology and goals, and it can be challenging for new projects to stand out and gain traction. It's also worth noting that the cryptocurrency market is highly speculative and price movements may not always reflect the underlying technology or fundamentals of a project. Some projects may see sudden price increases due to market speculation or hype, rather than any fundamental developments or advancements in their technology. IMO, Aptos is just one more project among hundreds of projects that basically promise more of the same.

Having that said, it's always a good idea to do your own research before investing in any cryptocurrency project. This includes understanding the project's technology, its team, its community, and its overall potential.

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I've read that they've got a good development but yeah, what's that "good" development that's happening and I don't see it. Anyway, we're in a good times of the market know because we're getting near to the halving.

And if it's that, we all know that majority of the altcoins are having their own spotlight and increases before and not that far after the halving.

But, they're right that this is mostly a move of the whales trying to get some profit and will send the price down afterwards.

cryptoaddictchie

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Only the seed users are the big players of this projects. So I wonder whose making this big purchases. Im pretty sure airdroppers had dump their apt long time ago when the release of tokens have been made. So Im sure there is a clever and tricky whales trying to force its way up or could be the investors waiting for it to massively pump prior to their token release so when they did get it the price is too high already.

DeathAngel

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Lots of coins/tokens pump randomly. Maybe there is some insider news that is positive & a select group, aware of the news, are filling their bags. Maybe devs are artificially pumping it?

This is the wild west, altcoin markets sometimes have no logic.

Be careful out there.

Len Saldua

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Okay, I know that the founders are pretty clever and accomplished, but you could say that of
just about every Layer 1 project. Why is Aptos special ? What does it bring to the space that other
L1 projects can not offer ? We already have too many of these, all of them run by geniuses, all of them
with ground-breaking technologies, and I don't see any of them pumping the way Aptos is ? Or is it because this
project is new or something ? Frankly I don't get why Aptos is so important, but I'm open minded, and
willing to listen.

Topic: Why is Aptos pumping ? (Read 268 times)