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What caused the sharp jump in the price of Apricot Finance?

What caused the sharp jump in the price of Apricot Finance?

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by dapp_writer005

2 years ago


Analysts recorded a price increase of Apricot Finance (APT) by 70% in 24 hours. At the same time, the team did not give any statements and news, which would lead to user activity. This behavior is attributed to the fact that the virtual coin has the same designation (ticker) as the new Aptos project.

Against this background, the value of Apricot Finance (APT) rose to $0.0068, while trading volumes amounted to $2.28 million. This is 3084% higher than the figures for the previous day.

Traders simply mixed up the projects due to the same token designations. As a result, the Apricot Finance exchange received active support. The value of TVL in Apricot Finance did not change and remained at the level of $5 million.

Experts noted that one should not give in to the current hype, because the Apricot cryptocurrency will begin to fall rapidly in the near future.

The Aptos listing is scheduled for October 19th. The new virtual coin will appear on the world's largest exchange Binance, as well as on such well-known trading platforms as Coinbase, Huobi Global, OKX and others.

Earlier, the growth of the MDX token by 145% was noted, which is associated with the launch of the perpetual trading service for crypto derivatives.

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