• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
What caused the sharp jump in the price of Apricot Finance?

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

user avatar

by dapp_writer005

4 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

Dynamic Wallet Infrastructure: How the Platform Powers Embedded Wallets and Web3 Applications

chest

Learn what Dynamic is, how embedded wallets, MPC, and Web3 authentication work, and why Dynamic has become an important part of modern blockchain application infrastructure.

user avatarElena Ryabokon

Privy and Embedded Wallets: How Seamless Onboarding Is Transforming Web3 Applications

chest

Learn what Privy is, how embedded wallets work, and why seamless wallet infrastructure is becoming a key component of modern Web3 applications.

user avatarElena Ryabokon

Basin Explained: Data Composability, Decentralized Storage, and the Future of Web3 Data Infrastructure

chest

Learn what Basin is, how data composability works, and why decentralized storage and Filecoin infrastructure are becoming important components of Web3 applications.

user avatarElena Ryabokon

Lore Explained: How AI Narrative Layers Transform Blockchain Data into Human-Readable Insights

chest

Learn what Lore is, how AI narrative layers work, and how blockchain data can be transformed into searchable, human-readable insights for Web3 users.

user avatarElena Ryabokon

Stealth Money Explained: How Privacy-Preserving Stablecoins and Stealth Transactions Work in Web3

chest

Learn what Stealth Money is, how privacy stablecoins, stealth addresses, and confidential payments work, and why privacy infrastructure is becoming important in Web3.

user avatarElena Ryabokon

Gauntlet Network and DeFi Risk Management: Stress Testing, Morpho Vaults, and Quantitative Models

chest

Learn what Gauntlet Network is, how DeFi risk management works, and how stress testing, quantitative models, and Morpho Vault strategies are used across Web3 ecosystems.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.