The trading volume of Aptos (APT) is $661,975,849.42 in the last 24 hours, representing a 12.91% increase from one day ago and signalling a recent rise in market activity. The highest price paid for Aptos (APT) is $19.92 , which was recorded on Jan 26, 2023 (1 day). Comparatively, the current price is -10.0% lower than the all-time high price. The lowest price paid for Aptos (APT) is $3.08 , which was recorded on Dec 29, 2022 (29 days). Comparatively, the current price is 481.8% higher than the all-time low price. Market capitalization of Aptos (APT) is $2,881,251,487 and is ranked #28 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of APT tokens (160 Million tokens are tradable on the market today). The fully diluted valuation (FDV) of Aptos (APT) is $18,241,429,937 . This is a statistical representation of the maximum market cap, assuming total number of 1 Billion ETH tokens are in circulation today. The community is bullish as more than 69% of users are feeling good about Aptos (APT) today.
There are two schools of thought in determining the price of Aptos.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Aptos, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Aptos from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Aptos on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Aptos as well.
HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Aptos and the cryptocurrency market as a whole.
2. What is the highest price of Aptos in history?
Aptos achieved the all-time high of $19.92 in 2023-01-26, and is currently trading at $17.85.
3. What is the lowest price of Aptos in history?
In 2022-12-29, Aptos reached the all-time low of $3.08.
4. Should I buy Aptos now?
It is important to remember that Aptos, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.