Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking...

Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event

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Source: Coindesk.com

Nearly 25 million of locked-up APT tokens will be released Friday including to early investors, TokenUnlocks data shows. Prices historically decline around such events as the supply increase outpaces investor demand for the asset, according to research.

The native cryptocurrency of layer-1 blockchain Aptos (APT) underperformed the crypto market ahead of

Read More https://www.coindesk.com/markets/2024/04/11/aptos-falls-16-over-past-week-lagging-ahead-of-300m-token-unlocking-event/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event" appeared first here Coindesk.com.

Source: Coindesk.com

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