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Aptos experienced an increase of 18%

Feb 29, 2024

Aptos has increased by 18% in the last 24 hours and is currently trading at $12.21. The asset's market capitalization has increased to $4.79 billion, making it the 25th largest among digital currencies. According to the data, the daily trading volume of Aptos increased by 711%, reaching $ 1.34 billion.

Aptos development activity has reached a two-month high, increasing by 268%, according to data from Santiment. There are currently 39 active developers registered on the market intelligence platform.

Two weeks ago, Aptos released a $99 JamboPhone smartphone, which is already available in more than 40 countries. However, accurate data on the number of units sold is not yet available.

The open percentage point (OI) of Aptos has risen from $128.83 million to $173.29 million in the last 24 hours, according to data from Santiment.

According to Santiment, Aptos' total financing rate is currently around 0.09%, indicating a slight advantage in long positions. However, the exact distribution of long and short positions remains unclear.

The Aptos Relative Strength Index (RSI) rose from 60 on February 27 to 72.8 at the time of writing. This indicates a possible overheating of Aptos and high expected price volatility. In order for Aptos to remain in the bullish zone, the RSI must drop below the 60 level.

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