Aptos Token Surges on Microsoft Partnership Ahead of APT Supply Unlock
Some $33 million worth of the tokens are set to be unlocked and tradeable on the open market.
24H Price
The Aptos price is $5.70, a change of 0.15% over the past 24 hours as of 6:20 a.m. The recent price action in Aptos left the tokens market capitalization at $1,297,758,282.94. So far this year, Aptos has a change of 64.83%. Aptos is classified as a Smart Contract Platform under CoinDesks Digital Asset Classification Standard (DACS).
Some $33 million worth of the tokens are set to be unlocked and tradeable on the open market.
The dollar value of the unlock amounted to 38% of the cryptocurrency's average 30-day trading volume and had potential to push prices lower, per one analyst.
In a planned move, around 0.5% of the total token supply will be unlocked on Wednesday.
Layer 1 blockchain Aptos’ native token surged over 387% this month, leading all cryptocurrencies for gains and dwarfing the performance of bitcoin and ether. Solana’s SOL token also rose.
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