Aptos Price Dump Incoming - 3 Low Cap Altcoin Alternatives Not Pumped by VCs
Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The price of aptos (APT) has fallen by 1% in the past 24 hours, dipping to $9.11. This represents a 33% decline for the new altcoin in the past week, at a time when improved investor sentiment has resulted in gains for the rest of the market. The wider cryptocurrency market has rallied in the past day, with positive earnings reports and expectations of a more dovish Federal Reserve (vis-à-vis rate hikes) buoying the prices for bitcoin (BTC), ethereum (ETH), cardano (ADA) and other major coins . However, this uptick in positivity hasn't been extended to APT, which has failed to build much momentum following its launch, which was undermined by reports of slow transactions and centralized tokenomics . And given its association with Meta/Facebook, investors may want to look elsewhere for newer altcoins that potentially p...