The Aptos (APT) price, which saw a whopping 450% rise in the month of January 2023, is currently going through correction phase.
Aptos (APT) News reportIn the price adjustment part of the login password market, the first layer block chain protocol Aptos has become the top 30 digital currencies with the largest price drop in the past week. It seems that there is little pressure on APT to buy at this stage, which has translated into a drop in prices. Compared with the sharp price increases that occurred in APT in January 2023, the ongoing adjustment is of little importance. On the other hand, the Aptos elite team announced that the Internet will be upgraded in the near future.
In January alone, apt prices soared by 450%. According to CoinGape Price tracking, as of this writing, the price of apt is $15.14, down 3.34% in the past 24 hours.
Traders are everywhere, suggesting bullish mood.
The latest data from daily data charts show that many holders have distributed their APT tokens. According to Santiment Insights, this may actually represent a reduction in job pressure on shopping, generally accompanied by a drop in prices. However, dynamic password is showing a positive momentum, and the price trajectory continues to rise. All in all, the mood towards Aptos has been negative since the beginning of February. This is related to the uncertainty about the persistence of the sharp rise in prices last month.
"the mood for weighting APT is negative, as it has been since the beginning of this month. This shows that negative sentiment is hard to let go in the market, as investors are still uncertain whether prices will continue to rise.