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It is Possible For APT’s Price Pump To Be Very Short-Lived By CoinEdition

It is Possible For APT’s Price Pump To Be Very Short-Lived
  • APT is the best place to trade short positions.
  • Over the past few months, the killer has taken the crypto space by storm.
  • APT currently trades at $9.71, after a 30.56% price increase.

Mac, a Twitter user specializing in crypto education, posted information on the Aptos price action (APT) on October 23.

APT/US 4h (Source: Binance).

The user urges traders not to trade altcoins straight from listing without any saleoff. This can lead to shortlasting pumps. The user continued by explaining that it might be a good idea to consider short trades over two weeks.

Aptos (APT), was created by developers of the Meta blockchain project Diem and has been called a Solana murderer. Aptos has already received financial backing from Sam Bankman Fried’s FTX, Anddreeson Horowitz, and Multichain Capital.

Aptos blockchain is designed to ensure a safe, reliable, and upgradable web3 infrastructure for mainstream adoption.

Aptos (APT), has been making waves in the crypto space as well as social media over the past few months. One of the main reasons why the project caught the attention of the community is the team’s vision for the network.

According to CoinMarketCap APT currently trades at $9.71, after a 30.56% price increase over the last 24 hour and after hitting a high of $9.95 during the same period. The crypto is also in the green by over 15% over the past seven days.

In addition to this, the crypto’s 24-hour trading volume is currently in the green by over 200% to now stand at $1,463,647,890. APT currently ranks 43rd in terms of market capitalization, with a market cap of $1261,762,457.

Disclaimer: All views and opinions expressed in this price analysis are published in good faith. Readers are responsible to do their own research. Readers take all actions at their own risk. Coin Edition and its affiliates cannot be held responsible for any direct or indirect damage or loss.

The post It is Possible For APT’s Price Pump To Be Very Short-Lived appeared first on Coin Edition.

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