• Aptos recently concluded an event in New York City in partnership with KYD Labs
• The on-chain metrics supported a massive price hike, but the indicators were bearish
• According to CoinMarketCap, APT’s price increased by nearly 40% in the last seven days
Aptos, the popular cryptocurrency, recently concluded an event in New York City in partnership with KYD Labs. The collaboration was focused on creating the future of fan loyalty through live event ticketing. The event was a huge success and proved to be a major milestone for Aptos.
The on-chain metrics that followed the event showed that there was a significant price hike in the Aptos token. According to CoinMarketCap, APT’s price increased by nearly 40% in the last seven days, and at the time of writing, it was trading at $17.63 with a market capitalization of more than $2.8 billion. This was a huge achievement for Aptos, as it is one of the top cryptocurrencies in the industry.
However, despite the massive price hike, the indicators were bearish. LunarCrush’s data suggested that the pump might not last long. Aptos was on the list of the cryptos with the highest Galaxy Score, which is a massive bullish indicator. This indicates that the good days for Aptos are far from over.
The on-chain metrics also showed that the investment in Aptos was a good decision. Aptos was able to increase its price significantly in a short period of time and this is a testament to the power of Aptos. Investors who invested in Aptos at the time of the event have reaped the rewards and many more are sure to follow.
Overall, the event in partnership with KYD Labs was a huge success and it has helped to solidify Aptos’s standing in the cryptocurrency industry. The on-chain metrics suggest that the investment in Aptos is a good decision and that the good days are far from over. With the continued support of the community and the developers, Aptos is sure to continue its rise in the coming days.