Aptos Soars 391.8%: Reaches All-Time High of $19.92

• Aptos (APT), a layer one blockchain asset, has increased 391.8% against the U.S. dollar in the past 30 days, reaching an all-time high of $19.92 on Jan. 26th, 2023.
• The project is supported by venture capital firms, as well as by two developers who previously worked on Meta’s Diem project.
• Aptos is the 28th largest cryptocurrency in terms of market capitalization, with a current market capitalization of $2.83 billion and a circulating supply of 160.54 million APT tokens.

Aptos, a layer one blockchain asset, has been on a remarkable run since it went live in mid-October 2022. After trading at around $3.08 per coin on Dec. 29, 2022, the price of the token soared to an all-time high of $19.92 per unit on Jan. 26, 2023. This represents an increase of 391.8% in the past 30 days and a rise of 474% since the all-time low of $3.08 per coin.

The cryptocurrency was created by two developers who previously worked on Meta’s Diem project before it was discontinued. The project has also recently been supported by venture capital firms such as Parafi, Andreessen Horowitz, and Multicoin Capital.

Currently, aptos is the 28th largest cryptocurrency in terms of market capitalization, with a total market capitalization of around $2.83 billion. The token has a circulating supply of 160.54 million APT tokens, and in the last 24 hours, the token has seen $813 million in global trading volume.

Although some traders attempted to short the market during the climb in value, many were ultimately unsuccessful. This surge in value has been attributed to the growth of decentralized finance, infrastructure support, and NFTs.

All these factors have combined to create an incredibly bullish market for aptos, and the token has shown no signs of slowing down any time soon. With a market capitalization of $2.83 billion and a circulating supply of 160.54 million APT tokens, the potential for further growth is huge and the future of the token looks very bright indeed.